A Financial Cooperative

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.

Board of Directors

CapEd is governed by a Board of Directors that establishes and reviews policy.

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.

Statement of Accounts as of: 02/28/2015

TOTAL ASSETS $435,841,556
TOTAL SHARES $396,181,681
TOTAL LOANS $335,537,604


Since 1936, when we were founded as the Boise Teachers Federal Credit Union, our members have enjoyed many financial benefits of membership. Are you ready to benefit from a CapEd membership? Almost anyone can join!

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