Utah looking to provide a bank CD option

The Utah Education Savings Plan Trust has issued a Request for Proposals (RFP) in connection with its intent to add an FDIC-insured option to the current line-up of investment options in Utah's 529 savings plan. Banks are invited to submit proposals by May 22, 2008. The RFP anticipates a CD product and a savings account product. The target date for product implementation is October 1, 2008.
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