Arizona Residents
Arizona Residents

Arizona Residents

AZ529, Arizona's Education
Savings Plan (AZ529 Bank Plan)
 is sponsored by the Arizona State Treasurer Office.
College Savings Bank, a Division of NexBank 
serves as Service Manager for the Plan.

 
 

Effective Feb. 1, 2022,
College Saving Bank will no longer
be 
accepting deposits for the
AZ529 Bank Plan.

We will continue to
update our website as more
information becomes available.

 >> Disclosure Statement <<

 

 

The Bank Plan is sponsored by the State of Arizona and administered by the Arizona State Treasurer’s Office (ASTO). The Arizona State Board of Investment (BOI) is Trustee of the Trust. College Savings Bank, a Division of NexBank (CSB) serves as Service Manager for the Bank Plan. CSB provides recordkeeping and administrative services with overall responsibility for the day-today operations. CSB offers FDIC-insured certificates of deposit (CDs) and a high-yield savings account. CDs may be subject to early withdrawal penalties. For additional information, please refer to the Bank Plan Disclosure Statement

Tax and other penalties may apply to non-qualified withdrawals from the Bank Plan account. You should consult your financial, tax, or other adviser to learn how state-based benefits (or limitations) will apply to your specific circumstances. The Bank Plan is not insured by the State of Arizona, nor is the principal and interest invested in the plans thereon guaranteed by the State of Arizona.