Capital Credit Union

What Capital Credit Union does

Capital Credit Union is a not-for-profit, member-owned financial cooperative chartered in 1936 and headquartered in Bismarck, North Dakota, serving individuals, families, small-to-medium businesses, and agricultural operations across 11 branches in six North Dakota communities (Bismarck, Mandan, Fargo, Hazen, New Salem, Flasher). Membership eligibility is geographically constrained within defined radii of those communities, with extension via immediate-family relationships. As of the most recent disclosure, the credit union serves 32,558 members and operates with 51-100 employees.

The product portfolio is comprehensive for a community institution: retail checking in multiple tiers (Classic Checking with 3.04% APY on balances up to $20,000, Edge, Edge Teen, Simple), savings vehicles (Share Savings, Thrive Savings at 1.61% APY, Money Market, Certificates of Deposit with a 4.15% APY 12-month special, youth savings), and a broad lending suite spanning auto and recreational vehicle loans (starting at 4.49% APR), home equity loans and HELOCs (6.99% APR), conventional and government-backed mortgages (FHA, VA, USDA), manufactured home loans, and personal loans. Business banking includes term loans, lines of credit, commercial real estate loans, SBA 7(a) and 504 loans up to $5 million, and dedicated agriculture lending. Cards are issued on the Visa network with a 1.5% cash-back rewards variant. The underlying technology stack is the Jack Henry & Associates Banno platform for online and mobile banking, supplemented by Falcon Fraud for transaction monitoring, CO-OP Financial Services for shared branching and surcharge-free ATMs, Total Merchant Concepts for merchant services, and ZAG Interactive for the website. Compliance posture includes NCUA federal insurance and Equal Housing Opportunity lender status.

Revenue is generated through net interest income on the loan-to-deposit spread, interchange on Visa credit and debit transactions, deposit-account and service fees (paper statements, returned items, wire transfers), and merchant services residuals. Distribution is hybrid: physical branches with drive-up and night-drop, 24/7 iTalk phone banking and contact center, mobile app with Apple Pay and Google Pay, the CU Online web platform, and the CO-OP Shared Branch network for surcharge-free access across North America. Marketing emphasizes community involvement, financial education through the Know & Grow content series, and competitive deposit rates rather than acquisition spend.

Name

Capital Credit Union

Legal name

Capital Credit Union

Website

https://capcu.org

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

51–100 employees

Short description

Capital Credit Union is a not-for-profit financial cooperative founded in 1936 and headquartered in Bismarck, North Dakota. It serves 32,558 members across 11 branches in six North Dakota communities via retail and business banking, ag lending, and SBA financing up to $5 million.

Ownership category

akta.pro rank

Product category

Retail Banking (Credit Union)

NAICS

Credit Unions (52213), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Retail banking services
• Consumer lending products
• Business banking services
• Mortgage lending solutions
• Credit union services

Headquarters

HQ city

Bismarck

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Primary revenue source generated from the spread between interest earned on loans (auto, mortgage, home equity, personal, business) and interest paid on deposits (checking, savings, CDs, money market accounts). As a not-for-profit credit union, earnings are returned to members through lower loan rates and higher deposit rates.
2. Deposit Account Fees: Various fee-based services including: paper statement fees ($5/month for paper statements if eStatements discontinued), returned-item fees ($5), early account closing fees ($25 for CU Save), monthly service charges on certain accounts, and overdraft/NSF fees.
3. Credit Card Interchange: Revenue from Visa credit card transactions including interchange fees on purchases. The credit union offers rewards credit cards earning 1.5% cash back, funded through interchange income.
4. Merchant Services Revenue: Revenue from debit and credit card processing services for business customers through partnership with Total Merchant Concepts, including POS and terminal solutions.
5. Wire Transfer and Special Services: Fees for wire transfers (domestic and international), with wires received after 2pm sent next business day. Additional revenue from notary services, signature guarantees, and safe deposit boxes.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels9 records

Core offering

Capital Credit Union is a not-for-profit financial cooperative providing personal and business banking products to members across North Dakota. Offerings include multiple checking and savings account variants, certificates of deposit, money market accounts, auto/RV loans, home equity loans and lines, mortgage loans, manufactured home loans, personal loans, business term loans and lines of credit, commercial real estate loans, SBA loans, agriculture loans, and Visa credit and debit cards.

Product overview

Capital Credit Union is a not-for-profit financial cooperative offering a comprehensive suite of banking products and services for both personal and business members. The product portfolio includes multiple checking account variants (Classic Checking with up to 3.04% APY, Edge Checking, Edge Teen Checking, Simple Checking), savings products (Share Savings, Thrive Savings up to 1.61% APY, Pee Wee Young Savers Club, Certificates of Deposit, Money Market, CU Save), and diverse lending options (Auto/RV loans starting at 4.49% APR, Home Equity Loans/Lines at 6.99% APR, Mortgage Loans including FHA/VA/USDA, Manufactured Home Loans, Personal Loans). Business services encompass Business Checking, Business Connect Checking, Business Savings variants, and business lending including Term Loans, Lines of Credit, Commercial Real Estate, SBA Loans up to $5 million, and Agriculture Loans. Digital banking is delivered through CU Online platform and Mobile App featuring mobile check deposit, bill payment, and account management. Additional services include Visa Credit Cards (with 1.5% cash back Rewards option) and Debit Cards, Falcon Fraud monitoring, Financial Calculators, and Financial Counseling. The platform integrates with Quicken, QuickBooks, Mint, Jack Henry Banno, Google Analytics, and CO-OP Shared Branch network.

Differentiator

Problem solved

Functional benefit

Products and services

• Classic Checking Account
• Edge Checking Account
• Edge Teen Checking Account
• Simple Checking Account
• Share Savings Account
• Thrive Savings Account
• Pee Wee Young Savers Club Account
• Certificate of Deposit Account
• Money Market Account
• CU Save Account
• Auto & Recreational Vehicle Loans
• Home Equity Loans & Lines
• Mortgage Loans
• Manufactured Home Loans
• Personal Loans
• Visa Credit Cards
• Visa Debit Cards
• CU Online Digital Banking
• Mobile App
• Business Checking Account
• Business Connect Checking Account
• Business Share Savings Account
• Business Thrive Savings Account
• Business Money Market Account
• Business Certificates of Deposit
• Business Term Loans
• Business Line of Credit
• Commercial Real Estate Loans
• SBA Loans
• Agriculture Loans
• Business Visa Credit Cards
• Business Visa Debit Cards
• Merchant Services
• Cash Management Services
• Financial Counseling

Quantifiable outcome

• Auto loan rates starting at 4.49% APR with 0.50% discount available for autopay + active checking
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Jack Henry & Associates (Banno)coreTechnology or IntegrationJack Henry & Associates provides the Banno platform powering Capital Credit Union's mobile banking application and online banking infrastructure. The partnership enables real-time account access, transaction processing, mobile check deposit, and security features including multi-factor authentication and encryption for member accounts.
• Total Merchant ConceptscoreChannel Partner/ Reseller/ DistributorCapital Credit Union partners with Total Merchant Concepts to provide debit and credit card processing services for business customers. The partnership enables POS terminal solutions, mobile processing capabilities, and comprehensive merchant services for business members.
• CO-OP Financial ServicescoreTechnology or IntegrationCO-OP Financial Services provides the shared branching network enabling Capital Credit Union members to access surcharge-free ATMs throughout North America. This partnership extends the credit union's physical access network beyond its 11 branch locations.
• Falcon Fraud (Card Information Services)coreTechnology or IntegrationCapital Credit Union partners with Falcon Fraud, a leading fraud protection service, to monitor member accounts and detect suspicious activity. The service identifies unusual transactions by monitoring spending patterns and contacts members between 9am-10pm to verify suspicious activity.
• VisacoreTechnology or IntegrationVisa provides the payment network infrastructure for Capital Credit Union's credit and debit cards, enabling acceptance at over 30 million locations worldwide and access to over 2 million ATMs globally.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Town & Country Credit Union: North Dakota-based member-owned credit union offering similar consumer and business banking products. Comparable cooperative structure, NCUA-insured, and operates in overlapping ND markets, directly competing for the same member base.
• Gate City Bank: Fargo-based mutual savings institution serving North Dakota and western Minnesota with consumer, mortgage, and business banking. Comparable product suite, community-focused mission, and direct geographic overlap in the Fargo market.
• North Star Community Credit Union: North Dakota-based community credit union providing personal and business banking products with a similar member-owned structure. Competes for ND consumers and small businesses with comparable deposit and loan offerings.

Broad incumbents

• Bell Bank: Large Fargo-headquartered bank with full consumer, mortgage, business, and wealth management services across the Upper Midwest. Significantly larger than Capital Credit Union, but a key competitor in the North Dakota market with overlapping retail and business banking.
• Alerus Financial: Grand Forks, ND-based financial holding company offering banking, mortgage, wealth, and retirement services. Larger and more diversified than Capital Credit Union, but competes in the North Dakota retail and business banking market.

Regional players

• Starion Bank: North Dakota-based community bank with branches across the state offering consumer, business, and agricultural lending. Competes in similar ND markets, particularly Bismarck, with comparable product mix including ag loans.
• First International Bank & Trust: North Dakota-chartered community bank with extensive branch network across ND, MN, and SD. Competes for personal and business banking relationships in overlapping North Dakota geographies.
• Cornerstone Bank: North Dakota-based community bank with consumer and business banking services, including agricultural lending. Competes for similar member and customer segments across North Dakota.
• Choice Financial Group: North Dakota-headquartered community bank holding company with branches across ND, MN, and SD. Provides consumer, business, and agricultural lending products competing in similar markets.
• Fargo Public Schools Federal Credit Union: Smaller North Dakota-based community credit union operating in the Fargo market with a defined field of membership. While smaller and more niche than Capital Credit Union, it represents the type of FOM-restricted credit union competing within overlapping ND geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC8nYKBCehMlDRzMz9OWAc2g
• Facebookfacebook.com/capitalcreditunion
• LinkedInlinkedin.com/company/capital-credit-union-nd
• Instagraminstagram.com/capitalcreditunionnd
• Xx.com/capcu_ND

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Credit Union