What Capitol Credit Union does

Capitol Credit Union is a member-owned, Texas-chartered credit union founded in 1954 and headquartered at 11920 Burnet Road in Austin, Texas. It operates as a full-service community financial institution with a field of membership that has progressively expanded from a single state employee association chapter to include anyone who lives, works, worships, or attends school in Travis County, as well as affiliated groups such as Texas Bar Association members. As of December 31, 2024, the credit union served 13,246 members, held $218.6M in total assets, $185.6M in member deposits, $148.8M in net loans, and $24.2M in total equity, with a net worth ratio of 12.04% (well-capitalized).

The institution delivers its products and services through a combination of three full-service Austin branches (Downtown/Lavaca, North Austin/Domain, South Austin), a 7+ ATM/ITM network with 24/7 availability, a digital banking platform with iOS and Android mobile apps, biometric login, digital wallet support, and a first-of-its-kind biometric self-service kiosk introduced at the Lavaca branch in May 2019. Core product lines include Kasasa-branded high-yield checking and savings (up to 6.00% APY), business checking (Small Business and Business Plus), auto loans, home equity loans and HELOCs ($10,000-$250,000 range), Visa Platinum credit cards, personal loans, and wealth management offered through an Unifimoney partnership. Mortgage origination is delivered through an affiliate, Member First Mortgage, LLC.

Capitol Credit Union generates income primarily from net interest income on its loan and investment portfolios ($6.9M in 2024), supplemented by investment income ($1.8M) and fee and other income ($2.1M), for gross operating income of approximately $9.6M. Asset quality metrics are materially better than peer averages (0.21% net charge-off vs. 0.50% peer; 0.16% delinquency vs. 0.62% peer), and the institution maintains NCUSIF share insurance, Texas Credit Union Department oversight, and a digital onboarding capability via Cotribute that allows membership acquisition beyond Travis County. The credit union also runs differentiated community programs — most notably the PAL (Preparation for Adult Living) program with the Texas Department of Family and Protective Services, for which it received the 2025 Commissioner's Award of Excellence for Service to Foster Youth.

Name

Capitol Credit Union

Legal name

Capitol Credit Union

Website

https://ccutx.org

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

Capitol Credit Union is a member-owned, Austin-based community credit union serving 13,246 members across Central Texas with full-service banking, lending, and wealth management delivered through branches, ATMs, digital channels, and fintech partnerships.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Credit Unions (522130)

SIC

Functions Related To Depository Banking, Nec (6099), Personal Credit Institutions (6141)

akta.pro primary industry

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

akta.pro secondary industry

Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Retail banking services
• Consumer lending
• Community credit union
• Home equity loans
• Wealth management

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest income from loans (auto, home equity, mortgages, personal loans, credit cards) minus interest paid on deposits. Loan interest income was $8,159,490 in 2024 with net interest income of $6,913,226.
2. Investment Income: Income from investment portfolio. Investment income was $1,836,212 in 2024 with investments totaling $50,438,421.
3. Fee and Other Income: Non-interest income from account services, transaction fees, and other service charges. Fee and other income was $2,132,030 in 2024.
4. Wealth Management Services: Investment management and financial planning services offered through Unifimoney partnership, providing stocks, ETFs, and crypto investing.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Capitol Credit Union is a member-owned community credit union providing retail banking and lending products to consumers and small businesses in Central Texas. Core offerings include high-yield Kasasa checking and savings accounts (up to 6.00% APY), a full suite of consumer and auto loans, home equity loans and HELOCs, mortgages, Visa Platinum credit cards, wealth management, and small business banking. Services are delivered through branch locations, digital/mobile banking, and shared branching networks.

Product overview

Capitol Credit Union is a full-service financial institution offering a comprehensive suite of banking products and services. The core offerings include personal and business checking/savings accounts (featuring Kasasa high-yield checking accounts yielding up to 6.00% APY), secured and unsecured lending products (auto loans, home equity loans/HELOCs, mortgages, personal loans, credit cards), wealth management services, and digital banking tools. Products are delivered through branch locations, digital banking platforms, and mobile applications.

Differentiator

Problem solved

Functional benefit

Brands

• Kasasa: Free checking and savings account products offering high dividends and rewards, including Kasasa Cash, Kasasa Cash Back, Kasasa Play, and Kasasa Saver.
• Member First Mortgage
• Capitol Access
• PAL Program
• Next Gen Youth

Products and services

• Kasasa Cash Checking Free high-yield reward checking account offering up to 6.00% APY on balances up to $15,000 when members qualify, with no monthly maintenance fees and surcharge-free ATMs included.
• Kasasa Cash Back Checking Free checking account that rewards members with cash back on debit card purchases when qualifying activities are met.
• Kasasa Play Checking Free reward checking account that earns rewards on debit card spending tied to lifestyle categories.
• Freedom Checking Free personal checking account with no monthly fees and standard banking features for everyday transactions.
• Kasasa Saver High-yield savings account earning 4.00% APY when combined with Kasasa Cash checking, with automatic savings features.
• Capitol Savings Standard personal savings account offering competitive dividend rates for members building savings.
• Plus Money Market Capitol Account Money market deposit account providing tiered interest rates with check-writing privileges for personal savers.
• Share Certificates Term deposit certificates (CDs) offered with fixed terms and competitive dividend rates for members.
• Individual Retirement Accounts (IRAs) Individual Retirement Accounts (Traditional and/or Roth) providing tax-advantaged retirement savings for members.
• Next Gen Youth Accounts Youth banking program with parent-guided debit cards, flexible contribution CDs, and high-yield savings accounts designed to introduce children to money management.
• Auto Loans Auto financing for new and used vehicles, including boats, RVs, and motorcycles, with competitive rates and flexible terms.
• Home Equity Loans & HELOC Home equity loans (closed-end, $10,000–$250,000) and HELOCs (revolving, $10,000–$150,000 with five-year draw period) allowing members to borrow against home equity.
• Mortgage Loans Mortgage purchase and refinance loans for members, originated through the Member First Mortgage, LLC affiliate with online application.
• Personal Loans General-purpose unsecured personal loans, including Buy Now Pay Later and rapid funding options for members.
• Student Loans Student lending products financing higher education expenses for members and their families.
• Visa Platinum Credit Cards Visa Platinum credit card products (standard and rewards variants) with competitive rates and rewards programs.
• Small Business Checking Business checking account with no monthly service fee, free online banking and bill pay, $25 minimum opening deposit, and unlimited free transactions.
• Business Plus Checking Interest-bearing business checking account for higher transaction volumes, offering 500 free transactions per month with enhanced benefits.
• Business Savings Savings account for businesses to hold operating reserves and earn competitive dividends.
• IOLTA Accounts Interest on Lawyers' Trust Accounts (IOLTA) for attorneys and law firms holding client funds in trust.
• Merchant Services Payment processing services enabling businesses to accept major credit and debit cards, simplifying payment processing and reducing accounting errors.
• Wealth Management Wealth management services including investment management, financial planning, and online investing through the Unifimoney partnership (stocks, ETFs, crypto).

Quantifiable outcome

• Net worth ratio of 12.04% maintained in 2024 - well capitalized
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• Jack HenrycoreTechnology or Integration · 22 October 2025Capitol Credit Union expanded its participation in the Jack Henry Fintech Integration Network, enabling integration with Enterprise Payment Solutions and other systems. This development enhances digital onboarding and payment experiences for financial institutions.
• UnifimoneycoreTechnology or Integration · 1 July 2024Online investing partnership enabling members to access stocks, ETFs, and crypto investing through a digital platform. Members can open accounts and receive $50 from CCU during promotional periods.
• Member First Mortgage, LLCcoreStrategic or Co-development PartnerAffiliate mortgage lender providing mortgage services to Capitol Credit Union members. Located at 616 44th Street SE, Grand Rapids, MI 49548, NMLS ID: 149532.
• Texas Department of Family and Protective Services (DFPS)flagshipStrategic or Co-development PartnerStatewide partnership for the PAL (Preparation for Adult Living) program providing financial literacy training to foster youth aging out of the Child Protective Services program. CCU provides checking/savings accounts, mentor programs, and financial education.
• CotributecoreTechnology or IntegrationDigital onboarding platform enabling members to join Capitol Credit Union from anywhere in the country through streamlined digital account opening.
• KasasacoreTechnology or IntegrationProvider of Kasasa high-yield checking and savings account products including Kasasa Cash (6% APY), Kasasa Cash Back, Kasasa Play, and Kasasa Saver (4% APY).
• CO-OP Shared BranchingminorChannel Partner/ Reseller/ DistributorNetwork providing access to 5,000+ partner credit union branches across the country for CCU members.
• Alliance of Austin Credit UnionsminorChannel Partner/ Reseller/ DistributorSurcharge-free ATM network providing access to hundreds of ATMs across Texas without transaction fees.

Scale indicators11 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Security Service Federal Credit Union: Major Texas credit union with comprehensive consumer banking, lending, and wealth offerings across multiple metro areas; overlaps Capitol Credit Union's product set and target segments at a broader geographic scale.
• Credit Union of Texas: Large Texas-based credit union serving consumers and businesses statewide with deposits, lending, mortgage, and wealth services; provides direct competition for member acquisition in Central Texas at significantly greater scale.
• Randolph-Brooks Federal Credit Union: One of the largest credit unions in Texas, offering a full suite of consumer, mortgage, and business products across multiple regions; competes for the same member types at materially greater scale than Capitol Credit Union.

Regional players

• Alliant Credit Union: Large digital-first community credit union that demonstrates how a member-owned, low-fee model combined with national digital onboarding can scale membership; relevant comparable for Capitol Credit Union's Cotribute-driven national acquisition strategy.
• Connexus Credit Union: Community/membership-based credit union with a national digital onboarding model and full-service consumer banking focus; closely comparable to Capitol Credit Union's Cotribute-powered nationwide acquisition approach.

Direct peers

• Amplify Credit Union: Austin-headquartered credit union offering consumer and business banking, lending, and digital services in overlapping Travis County and Central Texas markets.
• University Federal Credit Union (UFCU): Austin-headquartered community credit union offering consumer and small-business banking, lending, mortgage, and digital services to overlapping Central Texas membership; the most direct local competitor to Capitol Credit Union.
• Austin Telco Federal Credit Union: Austin-based community credit union serving local consumers, businesses, and select employer groups with deposit accounts, loans, and digital banking—directly comparable in geography, charter, and product mix.
• Velocity Credit Union: Austin-area credit union offering personal banking, auto and home loans, and digital services to overlapping Central Texas consumer and small-business segments.
• Greater Texas Federal Credit Union: Central Texas community credit union with consumer deposit and lending products positioned similarly to Capitol Credit Union's community-focused, relationship-banking approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/capitolcu
• YouTubeyoutube.com/channel/UCuAgvCiTFHCQ_dQ6xoFp5Rg
• Facebookfacebook.com/capitolcu
• LinkedInlinkedin.com/company/capitol-credit-union
• Instagraminstagram.com/capitolcreditunion

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

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 Capitol Credit Union