Capital Educators Federal Credit Union

Who is eligible for membership to CapEd FCU?

• Teachers and other school employees
• Students & the parents of those students
• Immediate family of an eligible person or member

Everyone in the Immediate Family of an eligible person by blood, adoption or marriage is eligible to join CapEd, regardless of where she/he lives.

Immediate Family consists of spouse, children, brothers, sisters, parents, grandparents, and grandchildren. This also includes stepparents, stepchildren, stepbrothers/sisters, and adoptive relationships.

Household Members are persons living in the same residence maintaining a single economic unit. Eligibility also extends to unrelated persons who share a residence with a current Member.

"Once a Member, always a Member" Once a person joins the Credit Union, she/he may remain a member for life , even if her/his relationship to a qualifying organization changes.

There are other groups that are also eligible. Please call us at 208-884-0150 or 1-800-223-7283 if you have any questions regarding membership eligibility.♦

CapEd is a financial cooperative, owned and operated by its members.

This is what distinguishes Credit Unions from other financial institutions. Members put their money in a variety of savings accounts, and that money, in turn, is lent to members. After operating expenses and reserve requirements are met, loan income is returned to all members in the form of dividends and comprehensive financial services.

The Directors are Credit Union members who are elected by the Membership and serve without pay. Every member has one vote, regardless of how much he or she has on deposit. At the Credit Union, there is no select group of shareholders that profits more than anyone else. All Members profit -- individually and collectively.

CapEd is a federally-chartered credit union, organized under strict regulatory laws that are monitored and enforced by the National Credit Union Administration, an agency of the U.S. Government. The NCUA insures each member account to at least $250,000 and each separate IRA account up to $250,000.

CapEd is a $200 million asset financial institution with over 35,000 members.