Preservation over growth.


The Savings Portfolio is a lower-risk, Federal Deposit Insurance Corporation (FDIC)-insured option for account owners seeking a conservative investment choice for their college savings.

Managed by NexBank, the Savings Portfolio:

  • seeks to provide income consistent with the preservation of principal
  • invests 100% of its assets in the NexBank High-Yield Savings Account (HYSA).1

1 The Savings Portfolio invests all of its assets in the NexBank High-Yield Savings Account, ("HYSA"). The HYSA is held in an omnibus savings account insured by the Federal Deposit Insurance Corporation ("FDIC"), which is held in trust by the Indiana Education Savings Authority ("Authority") at NexBank. Contributions to and earnings on the investments in the Savings Portfolio are insured by the FDIC on a pass-through basis to each account owner up to $250,000, the maximum amount set by federal law. The amount of FDIC insurance provided to an account owner is based on the total of (a) the value of an account owner's investment in the Savings Portfolio; and (b) the value of all other accounts held by the account owner at NexBank, as determined by NexBank and FDIC regulations. Except for the Savings Portfolio, investments in CollegeChoice 529 Direct Savings Plan are not insured by the FDIC.