5% Coverdell ESA CDs at WaMu
WaMu (Washington Mutual) has some very good rates for Coverdell ESA CDs: Their 13-17 month Coverdell CDs are yielding 5.00% APY, as are their 48-120 month Coverdell CDs. The minimum deposit is only $100, although there is a yearly maximum of $2000 of new money for all Coverdell accounts for a single beneficiary (a requirement of Coverdell accounts, not a WaMu requirement). You could transfer over more than $2000 from another Coverdell account, however.
WaMu has many locations throughout the United States.
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