CapEd Credit Union
CapEd Credit Union is a federally chartered, member-owned cooperative headquartered in Meridian, Idaho, serving 85,000+ members across 12 branches in the Treasure Valley and Magic Valley with savings, lending, mortgage, and digital banking services tied to the education community.
- Company typePrivate
- Founded1936
- HeadquartersMeridian, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What CapEd Credit Union does
CapEd Credit Union, legally Capital Educators Federal Credit Union, is a federally chartered, member-owned cooperative financial institution headquartered in Meridian, Idaho. Founded in 1936 and rooted in the Idaho education community, CapEd serves more than 85,000 members through a network of 12 branch locations spanning the Treasure Valley (Boise, Meridian, Nampa, Eagle, Kuna, Caldwell) and Magic Valley (Twin Falls). The credit union offers a full suite of retail and business banking products including share and certificate savings, checking (Cash Back Rewards, Money Market, High Yield Rewards), individual retirement accounts, mortgages (purchase, refinance, ARM, HELOC, CHAMP affordable, Educational Community 100% Loan), auto and RV loans, personal and student loans, credit cards, business accounts and lending, and HSA products, with insurance distributed through the wholly-owned CapEd Insurance Services subsidiary.
The technology foundation is a conventional online and mobile banking stack: a web-based eBanking platform with a native iOS/Android mobile app, supporting mobile check deposit, peer-to-peer payments via Zelle, the CardCommand debit card control feature, the MoneyTracker budgeting tool, the Snapshot pre-login balance view, and a Quick Apply in-app loan widget. Back-office integrations include DocuSign for member e-signature, SWIVEL Pay for loan payment processing, Quicken and QuickBooks export, and Mastercard for debit/credit issuance. CapEd also participates in the CO-OP Shared Branching network, giving members access to 5,000+ shared branches and 30,000+ surcharge-free ATMs nationwide.
Revenue is generated primarily through net interest spread on the loan portfolio (mortgages, auto, RV, personal, business, education) and fee-based services (overdraft, wire transfers, ATM, safe deposit boxes), with funding sourced from member share deposits and certificates. As a not-for-profit cooperative, surplus earnings are returned to members via lower loan rates and higher deposit rates rather than distributed to shareholders. Distribution combines physical branches, dedicated mortgage loan officers, phone banking, live chat, and digital self-service, with community partnerships (Idaho CapEd Foundation, WeLoveTeachers.org, Mexican Consulate, Hispanic Chambers of Commerce) supporting acquisition in the educator and Hispanic/immigrant segments, the latter addressed through the Juntos Avanzamos designation and the ITIN Lending program.
CapEd Credit Union firmographics
Firmographics- Name
- CapEd Credit Union
- Legal name
- Capital Educators Federal Credit Union
- Website
- https://capedcu.com
- Company type
- Private
- Founded year
- 1936
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CapEd Credit Union is a federally chartered, member-owned cooperative headquartered in Meridian, Idaho, serving 85,000+ members across 12 branches in the Treasure Valley and Magic Valley with savings, lending, mortgage, and digital banking services tied to the education community.
- Ownership category
- akta.pro rank
CapEd Credit Union industry classification
Industry- Product category
- Retail Banking
- NAICS
- Credit Unions (52213), Credit Unions (522130)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Faith-Based & Affinity Credit Unions (FSABAEAH)
- akta.pro secondary industries
- Community Credit Unions (Retail/Consumer Focus) (FSABAEAA), Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where CapEd Credit Union is headquartered
LocationHeadquarters
- HQ city
- Meridian
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
CapEd Credit Union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income from Loans: CapEd generates revenue primarily through interest earned on loans including mortgages, auto loans, personal loans, credit cards, and business loans. As a credit union, excess income is returned to members in the form of lower loan rates and higher savings rates.
- Fee-based Services: Various banking services generate fee income including overdraft fees, ATM fees (for non-network ATMs), wire transfer fees, safe deposit box rentals, and other account service charges.
- Share Savings and Certificates: Members deposit funds into savings accounts and certificates, which the credit union uses to fund loans. The spread between interest paid on deposits and interest charged on loans represents core credit union revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Auto Loans starting at 5.09% APR for 2021 or newer vehicles |
| Unit Pricing | Monthly | Boat and RV Loans starting at 7.59% APR |
| Unit Pricing | Monthly | HELOC introductory rate of 3.99% APR for 6 months |
| Unit Pricing | Pay-as-you-go | 4-Month Certificate with competitive APY |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
CapEd Credit Union product offering
Product offeringCore offering
CapEd Credit Union is a not-for-profit, member-owned financial cooperative offering retail and business banking services, including checking and savings accounts, certificates, IRAs, mortgages, home equity, auto and RV loans, personal loans, student loans, credit cards, and business accounts and loans. Distribution is through 12 Idaho branch locations, the eBanking online platform, the CapEd Mobile App, and the CO-OP shared branching network, with all deposits federally insured by the NCUA.
Product overview
CapEd Credit Union operates as a not-for-profit financial cooperative offering a comprehensive suite of banking products organized across personal banking, business banking, lending, and services categories. The core banking platform includes checking accounts (Cash Back Rewards, Money Market, High Yield Rewards, Representative Payee), savings products (Share Savings, Certificates, HSAs, Education Savings), and youth banking (Rise Account with dedicated Rise App). Business services encompass Business Accounts, Business Loans, and CapEd Works resources. The lending portfolio spans mortgages (Purchase, Refinance, ARM, HELOC, CHAMP affordable program, Educational Community 100% loan, ITIN Lending), vehicle loans (Auto, RV), personal loans (Personal, MyStyle Lending, Short-Term CashPlease), and specialty loans (Student, Educator). Protective services include loan protection products (Debt Protection, GAP, MBP), overdraft/courtesy pay, and identity theft protection. Service add-ons feature online/mobile banking (eBanking), Bill Pay, Credit Score monitoring, MoneyTracker budgeting, CardCommand debit controls, Zelle P2P payments, Safe Deposit Boxes, wire transfers, and notary services. Educational resources include It's a Money Thing, Tu Dinero Con Sentido (Spanish), and School Resources programs. The credit union serves members through branch locations, online banking, and the CapEd Mobile App (available on iOS and Android), with all deposits federally insured by NCUA up to $250,000.
Differentiator
Problem solved
Functional benefit
Brands
- CapEd: Primary brand name for Capital Educators Federal Credit Union, used across all banking products and services including savings, checking, loans, and mortgages.
- MoneyTracker
- We Love Teachers
- High Yield Checking
- Membership Supports Education
- CapEd Insurance Services
- Idaho CapEd Foundation
Products and services
- Share & Additional Savings Basic savings account allowing members to deposit and withdraw funds while earning dividend interest on their balance; foundational share account for credit union membership.
- Certificates Term savings accounts offering higher dividend rates than regular savings, with various maturity terms including a 4-Month Certificate promotional offering with no minimum balance requirement.
- Health Savings Account (HSA) Tax-advantaged savings account for individuals with high-deductible health plans to save and pay for qualified medical expenses.
- Education Savings Account Savings account designed to help families save for education expenses with tax advantages.
- Idaho First-Time Homebuyer Savings Specialized savings account helping Idaho residents save for their first home purchase with potential state tax benefits.
- Cash Back Rewards Checking Checking account that earns cash back rewards based on qualifying account activities such as ACH transactions.
- Money Market Checking Interest-bearing checking account with competitive rates, combining the accessibility of checking with the earning potential of money market accounts.
- High Yield Rewards Checking High-yield checking account with rewards program requiring specific qualifying activities to earn elevated rates and rewards.
- Representative Payee Checking Specialized checking account for representative payees who manage funds on behalf of Social Security beneficiaries.
- Rise Account (Youth & Young Adults) Banking account designed for young adults and youth, featuring educational financial tools and the Rise App in eBanking for money management.
- Traditional & Roth IRA Individual retirement accounts offering tax-deferred (Traditional) or tax-free (Roth) growth for retirement savings.
- Simplified Employee Pension (SEP) Retirement plan option for self-employed individuals and small business owners to contribute to employee retirement accounts.
- Mortgage Purchase Loans Mortgage loans for purchasing primary residences, including conventional and government-backed options with various term options.
- Adjustable-Rate Mortgage (ARM) Mortgage product with an interest rate that adjusts periodically based on market conditions after an initial fixed period.
- Mortgage Refinance Mortgage refinancing options allowing existing homeowners to replace their current mortgage with a new loan, potentially lowering rates or changing terms.
- Home Equity Loans & HELOC Home equity products including fixed-rate loans and variable-rate lines of credit secured by the borrower's home equity, with up to 80% combined loan-to-value.
- Educational Community 100% Loan 100% financing mortgage program for first-time homebuyers in the educational community, requiring no down payment.
- CHAMP Affordable Mortgage Program Affordable home loan program designed to help borrowers achieve homeownership with favorable terms and reduced requirements.
- Auto Loans Vehicle financing for the purchase of new or used automobiles, with rates as low as 5.09% APR for 2021 or newer vehicles and terms of 24-96 months.
- Recreational Vehicle Loans Financing for boats, RVs, and other recreational vehicles, with rates starting at 7.59% APR for 2021 or newer units and terms of 36-180 months.
- Personal Loans and MyStyle Lending Unsecured loans for personal expenses including debt consolidation, home improvements, and major purchases, with flexible MyStyle Lending customized terms.
- Credit Cards CapEd Mastercard credit cards offering various rewards, rates, and benefits for purchases and transactions.
- Short-Term Lending (CashPlease) Short-term loan products providing quick access to funds for urgent financial needs with faster approval processes.
- Student Loans Education financing options for members pursuing higher education or refinancing existing student loan debt.
- Educator Loans Specialized loan products designed for educators with features and benefits tailored to education professionals.
- ITIN Lending Loan program accepting Individual Taxpayer Identification Numbers (ITIN) for borrowers who may not have Social Security Numbers, supporting financial inclusion for the Hispanic and immigrant community.
- Business Accounts & Services Comprehensive business banking products including checking, savings, and service accounts designed for business operations.
- Business Loans & Credit Commercial lending solutions including business credit lines, commercial real estate loans, and equipment financing.
- CapEd Insurance Services Insurance products and services offered through CapEd Insurance Services, a wholly owned subsidiary of CapEd Credit Union.
- Debit Card (Mastercard) Mastercard debit card providing cardholder access to CapEd accounts for purchases, withdrawals, and transactions, with CardCommand transaction controls.
- CapEd Mobile App and eBanking Comprehensive online and mobile banking platform enabling account access, transactions, bill pay, and account management for members via desktop and native iOS/Android apps.
Companies that use CapEd Credit Union
Customer profileSegments5 records
Ideal customer profiles3 records
CapEd Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature6 records
CapEd Credit Union partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- TruStage Financial GroupminorTruStage Financial Group is a marketing partner referenced in CapEd's privacy policy as one of the third parties CapEd uses to support its business, specifically for marketing purposes.
- iLending DirectminoriLending Direct is a marketing partner referenced in CapEd's privacy policy as one of the third parties CapEd uses to support its business operations.
- CO-OP Shared BranchingcoreCO-OP Shared Branching is a network of 5,000+ credit union locations and 30,000+ ATMs nationwide that allows CapEd members to access their accounts at participating credit unions. This partnership provides free access to shared branching services for CapEd members.
- Mexican ConsulateminorCapEd has an educational kiosk partnership through the Mexican Consulate to provide financial education resources to the Hispanic community.
- Hispanic Chamber of Commerce and Southern Hispanic Chamber of CommerceminorCapEd holds membership with both the Hispanic Chamber of Commerce and Southern Hispanic Chamber of Commerce as part of its commitment to supporting the Hispanic community.
- Asesores de Confianza Radio ProgramminorCapEd participates in a radio segment providing free local resources from trusted advisors to the Hispanic community.
- WeLoveTeachers.orgminorCapEd partners with WeLoveTeachers.org, an initiative supporting educators with resources including Doodle Folders and other teacher support programs.
- Idaho CapEd FoundationminorThe Idaho CapEd Foundation supports teachers through grant programs and community initiatives, funded by CapEd Credit Union.
- United WayminorCapEd partners with United Way of Treasure Valley for community initiatives including book drives and other community support programs.
Scale indicators3 records
Recent moves11 records
Expansion highlights6 records
CapEd Credit Union competitors and assessment
Company assessmentBroad incumbents
- BECU: Washington-state based credit union and one of the largest in the US, with similar Pacific Northwest footprint and a broad community field of membership. Comparable deposit and lending products, but with substantially greater scale and digital capability investment.
- Mountain America Credit Union: Utah-headquartered credit union serving members across multiple Western states with a much larger branch and asset base. Comparable consumer and mortgage product set, but operating as a broad community-field credit union rather than an education-affinity model.
Emerging players
- Alliant Credit Union: Chicago-headquartered nationwide digital credit union serving diverse affinity groups including educators. Comparable to CapEd in serving education-affinity members but competes via a digital-first nationwide model — representing both a competitive threat and a strategic template for digital expansion.
- Digital Federal Credit Union (DCU): Massachusetts-based digital-first credit union serving a wide variety of employee groups and associations, including educators. Comparable in targeting employer/affinity-group members, but with a primarily digital operating model and no geographic branch footprint — a relevant benchmark for CapEd's digital roadmap.
- Connexus Credit Union: Nationwide digital credit union serving employee groups and associations, with mortgage and consumer lending products comparable to CapEd. Operates a hybrid branch/digital model and competes for affinity-group members nationally, including educators.
Direct peers
- SchoolsFirst Federal Credit Union: California-based credit union exclusively serving school employees and their families — the most direct analog to CapEd's education-affinity model. Comparable product mix (member rewards, retirement planning, educator-specific loans) and similar member-focused cooperative structure, though materially larger in scale.
- Idaho Central Credit Union: Idaho's largest credit union, headquartered in Pocatello with branches across Idaho including the Treasure Valley. Directly competes with CapEd for consumer deposits, mortgages, and auto loans across the same geography, though ICCU serves an open community field of membership rather than an education-affinity base.
Regional players
- Patelco Credit Union: California-based community credit union with similar member-owned structure and consumer/mortgage focus. Larger than CapEd but comparable in product breadth and member-service orientation, providing a useful benchmark for West Coast community credit union operations.
- Numerica Credit Union: Spokane, Washington-based regional credit union serving Eastern Washington and Northern Idaho — overlapping with CapEd's broader Pacific Northwest territory. Similar product breadth (mortgages, business banking, wealth services) and member-owned cooperative structure, providing a geographic-adjacent benchmark.
- SELCO Community Credit Union: Oregon-based community credit union serving select counties in Oregon. Similar size range and community-focused cooperative structure, with comparable consumer/mortgage/business lending products and member-ownership model — providing a useful benchmark for Pacific Northwest credit union economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CapEd Credit Union social profiles
Digital presenceCapEd Credit Union compliance and trust
Trust signalCompliance3 records
CapEd Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
CapEd Credit Union leadership team
Management profileNumber of profiles
Profiles9 records
CapEd Credit Union subsidiaries and ownership
Company hierarchySubsidiaries1 record
CapEd Credit Union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CapEd Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CapEd Credit Union
What does CapEd Credit Union do?
CapEd Credit Union is a not-for-profit, member-owned financial cooperative offering retail and business banking services, including checking and savings accounts, certificates, IRAs, mortgages, home equity, auto and RV loans, personal loans, student loans, credit cards, and business accounts and loans. Distribution is through 12 Idaho branch locations, the eBanking online platform, the CapEd Mobile App, and the CO-OP shared branching network, with all deposits federally insured by the NCUA.
Is CapEd Credit Union a public or private company?
CapEd Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was CapEd Credit Union founded?
CapEd Credit Union was founded in 1936. It employs 101 to 250 people.
Where is CapEd Credit Union based?
CapEd Credit Union is headquartered in Meridian, United States, in the North America region.
How does CapEd Credit Union make money?
Three revenue lines are on record. Interest Income from Loans are the primary driver. The others are fee-based Services and share Savings and Certificates.
Who are CapEd Credit Union's main competitors?
Broad incumbents on record are BECU and Mountain America Credit Union. Emerging players are Alliant Credit Union, Digital Federal Credit Union (DCU) and Connexus Credit Union. Direct peers are SchoolsFirst Federal Credit Union and Idaho Central Credit Union. Regional players are Patelco Credit Union, Numerica Credit Union and SELCO Community Credit Union.
Does CapEd Credit Union have an API?
No public API is recorded for CapEd Credit Union.
What industry is CapEd Credit Union in?
CapEd Credit Union's product category is Retail Banking. Its primary akta.pro industry code is FSABAEAH, Faith-Based & Affinity Credit Unions, with a secondary code of FSABAEAA, Community Credit Unions (Retail/Consumer Focus). Its NAICS code is 52213 and its SIC code is 6141.