Originally founded in 1987 as College Savings Bank of Princeton, New Jersey, the company established itself as a niche provider of college-focused savings products. Its flagship product was the CollegeSure® Certificate of Deposit (CD), an FDIC-insured savings vehicle indexed to college inflation. The bank's mission has been to provide safe, guaranteed savings options for families planning for future higher education expenses. In November 2017, College Savings Bank was acquired by NexBank, a Dallas-based financial services company. It now operates as "College Savings Bank, a Division of NexBank," continuing to offer its specialized products nationwide through various state 529 plans.

Founded in

United States