Virginia College Savings Plan Overview

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Virginia�s CollegeWealth 529 plan is available at the following participating financial institutions:

Union Bank & Trust: It has branches from Fredericksburg to Charlottesville to Richmond to Williamsburg, including ones in Ashland, Albemarle, Caroline, Fluvanna, Hanover, King George, King William, Spotsylvania and Stafford. For branch locations, call the customer service center toll-free at 1-866-593-1100 or go to https://www.unionbankandtrust.com/site/contactus_locations.html

Its affiliate, Union Bankshares Corporation, is a union of the community banks listed below.

Northern Neck State Bank: It has branches from Tappahannock to Reedville, including those in Burgess, Kilmarnock, Montross, Warsaw and White Stone. For locations, go to https://www.nnsbva.com/site/about-locations.html
Rappahannock National Bank: Branches are located in Front Royal, Middleburg, Millwood, Rappahannock, Warrenton and Winchester. For locations, go to https://www.rnbva.com/site/locations.html

There are two types of 529 plans: prepaid tuition plans and college savings plans. The Virginia College Savings Plan offers three 529 programs: the Virginia Prepaid Education Program. (VPEP); the Virginia Education Savings Trust (VEST); and CollegeAmerica, our exclusive investment partnership with the American Funds. A fourth plan, CollegeWealth, a bank-based savings plan, is scheduled to open by 2008.

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