Save for your children's college and help MPTF at the same time!

The Montana Professional Teaching Foundation (MPTF) is dedicated to preparing students for their future as productive members of our communities.
For those pursuing a higher education, it is imperative to start planning and saving early. Too many students graduate with a load of debt, and their parents are taking on debt when they should be thinking about retiring.
Much of this debt can be minimized or eliminated with a plan that includes early savings.
MPTF has partnered with College Savings Bank, program manager for 529 Bank Plan in Arizona and offered nationwide.
When MEA-MFT members enroll in the 529 savings program through a designated portal, MPTF will receive a royalty for each deposit made. These royalties will fund MPTF’s efforts to promote excellence in teaching and learning in Montana.
Act now! You are entitled to a $3,000 tax deduction on taxable income per taxpayer or $6,000 for those married, filing jointly based on contributions to your 529 college savings account.
Please read the product information below about the College Savings Bank CD products. By enrolling through the link on this web site, you’ll help both MPTF and your college savings plans.
Start Planning Today
Choose from three different CD options:
1. The CollegeSure CD is a variable rate certificate of deposit with an index tied to college inflation as measured by the College Board's Independent College 500® Index (IC 500).
2. The InvestorSure CD offers the upside of the S&P 500 without risking principal. Should the value of the S&P 500 decline over the investment period, the InvestorSure CD returns full principal at maturity.
3. The Fixed Rate CDs are designed for families that require a savings solution with a shorter time horizon. At a maturity of 1 or 3 years, you can use the funds to pay for qualified higher education expenses or re-invest in another College Savings Bank saving option.
Save the safe way. All College Savings Bank plans offered feature FDIC insurance up to $250,000 for accounts held in the same right and capacity. We are a safe, affordable and effective way to meet your education savings needs.
Plus, when you save for your loved one with College Savings Bank, you can enjoy favorable tax treatment. Besides the state tax benefits, all earnings grow tax-free, and distributions towards qualified education expenses are tax-free.
There’s no better time than now to start saving for your family’s college education.
Learn more about these products. Schedule a time; Visit or Chat with us online at; or speak to a Bank representative at 1-800-888-2723 to get started. Please be sure to identify yourself as an MEA-MFT member.

What is a 529? 529s are tax-advantaged college savings program designed to help make it easier to save for the future higher education of a beneficiary, such as a child or grandchild. It is named after Section 529 of the Internal Revenue Code 26 (USC). If used for qualified education higher expenses, all withdrawals from a 529 plan are free from federal tax.

College Savings Bank. Our primary business is college savings and has been since 1987. Customers want the assurance and security in knowing the money they saved is available at a set time, without erosion by market losses. We act as Program Manager for the tax- advantaged section 529 Bank Plan programs administered in the states of Arizona and Indiana, with both available nationwide.

Important Notes. The Federal Deposit Insurance Corporation (FDIC) generally insures, with respect to each FDIC-insured institution, deposit accounts that are held in the same right and capacity up to the maximum amount set by federal law, currently $250,000. An account owner’s interest in the insurable balance of a College Savings Bank CD account is insured by the FDIC on a pass-through basis, together with any other deposit accounts the account owner holds at College Savings Bank, in the same right and capacity, up to the maximum amount.

The AFCSP-Bank Plan is sponsored by the State of Arizona and administered by the Arizona Commission for Postsecondary Education (ACPE). College Savings Bank serves as a Program Manager for the AFCSP-Bank Plan. College Savings Bank, as a Program Manager, supports all aspects of the day-to-day operations of the AFCSP-Bank Plan, including marketing, recordkeeping and administrative support.

The AFCSP-Bank Plan offers College Savings Bank issued CDs and a savings account. CDs may be subject to early withdrawal penalties. Generally, contributions to and earnings on investments in the AFCSP-Bank Plan are insured by the FDIC on a pass-through basis to each account owner, in the same right and capacity, up to the maximum amount set by federal law, currently $250,000. Under the FDIC regulations, accounts that have the same owner and the same designated beneficiary will be combined for purposes of the $250,000 limitation. Tax and other penalties may apply to non-qualified withdrawals from a AFCSP-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 AFCSP-Bank Plan is not insured by the State of Arizona, nor is the principal and interest invested in the plan thereon guaranteed by the State of Arizona. For additional information, please refer to the Arizona Family College Savings Program Disclosure Statement.