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Our Story

CapEd Credit Union is widely recognized as southwest Idaho's go-to financial institution, serving not only the education community but also individuals and families from all walks of life. While CapEd takes pride in offering specialized products, services, and educational resources tailored to the unique needs of teachers and their families, it's important to note that our commitment to fostering healthy financial well-being extends far beyond the education sector.

CapEd's historic car, Doc Ace, as well as hot air balloon, Read to Rise.
Timeline going from 1936 to today.

CapEd welcomes anyone who seeks reliable financial solutions, exceptional customer service, and a wealth of educational tools to achieve their financial goals. With a strong emphasis on inclusivity and community support, CapEd Credit Union truly stands as a trusted resource for all residents of Idaho's Treasure and Magic Valleys. We are proud of our reputation as a financial institution dedicated to providing the best banking experience for our members.

Become a Member

Our Vision

CapEd is committed to supporting quality education, financial empowerment, and the enrichment of individuals and communities.

Our Mission

We are a people-oriented Credit Union that provides personal and business financial services of superior quality and convenience. Our primary focus areas are member financial well-being, enrichment of community, and promotion of quality education.

Our Promise

To make a difference — every member experience matters.

Our EP!C Values


We are knowledgeable and trusted to make decisions.


We are respectful in creating outstanding experiences.


We seek new ideas for positive change.


We connect with each other to implement solutions.

We empower and trust our employees to make every experience matter. CapEd takes pride that our employees are also committed to the communities we serve.

Community Involvement

Our History

CapEd has a rich history of serving our members. Our history started on February 1, 1936 when thirteen teachers joined together to start Boise Teachers Federal Credit Union. This was just two years after the Federal Credit Union Act was signed by President Franklin Delano Roosevelt during the Great Depression. By the end of the first year, the fledgling Credit Union had a total of $610 in loans and $596 in deposits.

On March 14, 1972, Boise Teachers Credit Union merged with Meridian Teachers Credit Union to form Capital Educators Federal Credit Union. A few years later, the first branch was built on Thunderbolt Drive in Boise.

The next merger came on June 13, 2005, when CapEd welcomed Canyon Teachers Credit Union. It was in 2008 that the company name of "CapEd Credit Union" was adopted to market the growing Credit Union.

CapEd was originally founded by teachers, for teachers. Today, we invite all members of our community to join CapEd Credit Union for outstanding financial services and unite in our passion of supporting quality education. Through both the Idaho CapEd Foundation and, we work together to support education, empower individuals financially, and enrich the community.

Our work is more than banking;
it's making a difference.