FirstBank College Savings Accounts do not have a minimum balance.
Minimum opening deposit of $50 and an automatic transfer into the FirstBank College Savings Account(s) of at least $1 is required to receive the gift. Transfers must occur at least monthly for six consecutive months.
The $50 award is considered interest and is subject to IRS and other tax reporting.
More on Saving for College
UPromise Bonus. You can earn an additional $25 if you open a Upromise account and link it to your Colorado 529! The $25 will be credited to your Upromise account.
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