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There are many different college savings plans available today, but the restrictions and requirements may be confusing. M&M Bank’s Premier College Club Account helps you systematically save for future college expenses. Saving for college has never been easier.
Are you prepared for rising costs of college tuition? Saving for college has never been easier with M&M Bank’s Premier College Club Account.
If you want to learn more about M&M Bank's Premier College Club Account, give us a call, visit one of our convenient branch locations, or send us a message (click here).
*The Premier College Club Account is a Coverdell Education Savings Account and is therefore subject to the appropriate tax laws. Annual contributions are limited to $2,000.00 per year for an individual beneficiary (depending on income) and earnings accumulate in the account tax free. Withdrawals are limited to qualifying educational expenses or are subject to additional IRS penalties. Annual interest rate on Premier College Club Account is a variable rate; see personal banker for current rate. Minimum opening deposit of $100.00 required. Account requires automatic monthly contributions. A penalty will apply if account closed within 6 months. Other fees and restrictions may apply – please inquire for details.