2010 Press Releases
3/24/2010: Make the Most of Your Tax Return in 2010
It’s that time of year again! Everyone you know is scrambling to meet the April tax deadline, in hopes of receiving a nice lump sum of money from the government. And although this may feel like a gift, we should remember it is essentially part of our paycheck being reimbursed to us. With global markets still unsettling for many investors, this may be the best time to use a tax return to contribute or open an FDIC insured account at College Savings Bank.
2009 Press Releases
12/15/2009:
College Savings Bank Extends Contract With the Arizona Family College Savings
Program
The Arizona Family College Savings Program (AFCSP) has had a successful 10-year
relationship with College Savings Bank and has recently signed a new 7-year contract
that will continue this partnership through 2016. College Savings Bank is dedicated to
maintaining the AFCSP as the gold standard among state-sponsored college savings
programs within the nation. The Bank is pleased to provide Arizona families with
FDIC-insured investment options until at least 2016.
10/1/2009: Exploring
New Jersey's Other 529 Plan Options
Many New Jersey residents might not know it, but there's a great 529 provider based
in Princeton. College Savings Bank has been offering 529 plan account holders unique
and innovative college saving tools through the Arizona and Montana state-sponsored 529
programs for over 10 years. New Jersey families can choose from any 529 program or
product with no state restrictions or limitations from College Savings Bank.
2/19/2009:
The 2009 Kiddie Tax May Affect a Student's College Savings
Although there are not many ways around it, the 2009 kiddie tax can be manageable
for parents with college-bound kids. Best of all, those with a 529 plan or Coverdell
Education Savings Account may not be affected at all.
2008 Press Releases
10/22/2008: College Savings Bank Now Offers Suite of
Fixed Rate CDs through the Arizona 529 Plan
College Savings Bank, the nation's only Bank dedicated exclusively to helping
families save for higher education, has added a series of fixed rate certificates of
deposit to its line up of college savings products. Through the Arizona Family College
Savings Program (AFCSP), College Savings Bank now offers both 1- and 3-year CDs with
the tax benefits of a state sponsored 529 plan.
8/14/2008: The InvestorSure CD from College
Savings Bank is Now Available through the Arizona Family College Savings
Program
The InvestorSure CD from College Savings Bank is now available through the Arizona
Family College Savings Program (AFCSP). Launched on August 1, 2008, the InvestorSure CD
is an additional product in the AFCSP that can help families save for the higher
education of their children and loved ones through the Arizona 529 Program.
6/3/2008: Second Offering of the InvestorSure CD from
College Savings Bank nets $2 million in deposits
According to College Savings Bank, the InvestorSure CD is a hit with families saving
for a future college education. Introduced to the 529 college savings plan world in
December 2007, the InvestorSure CD, first issued on February 1, 2008, amassed $1
million in deposits on behalf of 159 account holders. The second issuance of the
InvestorSure CD, on May 1, 2008, generated $2 million in deposits on behalf of 168
account holders. The next InvestorSure CD will be issued on August 1, 2008.
4/15/2008: College Savings Bank named 21st Largest
Bank in the State of New Jersey
VIsit College Savings Bank in Princeton, New Jersey and you will find they don't
offer checking accounts or savings accounts. You can't get a car loan, home loan or
even a personal loan; yet as of December 2007, they are the 21st largest bank in the
state of New Jersey. What you can get at College Savings Bank are tools to help you
save for your children's future college education costs.
3/18/2008: The Economy in a Slump--Put Your Money
Somewhere Safe
Since 2007, there has been discussion of a possible recession starting in late 2007
or early 2008. Instability has led to significant declines in equity markets around the
world, causing many investors to face their losses. It's a serious issue for many,
but with the right resources you can protect your money from volatility. At College
Savings Bank, conservative saving tools help to protect deposits. With college costs
rising at double the inflation rate, now is the perfect time to put away savings safely
for the future.
3/18/2008: Saving Pays,
Literally
By Saving with a 529 Plan, Parents Can Accumulate Interest, Instead of
Paying Interest
If you need more reasons to save for college, we may have something that will
convince you. With a little research, you will find that saving money in advance for
your child's education can almost double your rewards. According to the College Board,
saving any amount of money can make a big difference in what you can afford to pay for
college. Further, your savings will allow you to gain interest, instead of paying
interest on student loans down the road.
2/13/2008: First InvestorSure CD Offer from
College Savings Bank Sees Promising Numbers
A new, equity based CD that does not put your principal at risk, is now
available through the Montana 529 College Savings Plan
New to the Montana Family Education Savings Program, the InvestorSure CD offers the
upside of the performance of the S&P 500 without any downside. This unique product
allows college savers to see the benefits of the stock market, with the safety of FDIC
insurance and principal protection. As part of the initial offering, the InvestorSure
CD attained assets exceeding $1 million in its first 7 weeks. College Savings Bank
hopes to reach $10 million in assets by the end of 2008.
Downloadable information about College Savings Bank.