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Idaho First-Time Home Buyer Savings

The Idaho First-Time Home Buyer1 (FTHB) Savings helps you save for your first home with tax advantages available from the State of Idaho2. Account deposits earn dividends and you can receive an Idaho State Tax deduction when account funds are used for eligible purposes.

Idaho first-time home buyer

Save For Your First Home with Tax Advantages

Save up to $15,000 for a single person or $30,000 for a married couple filing jointly per calendar year and claim a deduction on your Idaho tax return when using the funds to buy your first Idaho home. It's a great way to save for your home and save on your Idaho taxes!

Benefits and Features

  • No minimum opening deposit required
  • No monthly service charges
  • No transaction fees
  • Save up to $15,000 for individuals or $30,000 for couples per year (No withdrawals are allowed from the account within the first 30 days after account opening)
  • Deposits may not exceed $100,000 over the lifetime of the account
  • Dividends are compounded and credited quarterly
  • Free eBanking and online eStatements
  • Free Credit Score and monitoring with SavvyMoney®
  • Federally insured by NCUA
  • Tax-free withdrawals when used to pay for eligible home costs, such as the down payment, fees or taxes for the purchase of a single-family Idaho residence.


Idaho FTHB Savings.

Minimum Balance Dividend Rate APY3
$0.00 0.20% 0.20%

Request a First-Time Home Buyer Savings Account

To make a request for a First-Time Home Buyer Savings account, please visit a CapEd location or contact us.


1 First-Time Home Buyer for this purpose means an individual who resides in Idaho, who has filed an income tax return in Idaho for the most recent taxable year, and who does not own, either individually or jointly, a single-family or multifamily residence and who has never owned or purchased, either individually or jointly, a single-family residence in any location.

2 Consult your tax adviser regarding potential tax benefits. For detailed information on how to use this account, please visit Idaho FTHB Savings Account on .

3 APY is Annual Percentage Yield. Rates are accurate as of the last dividend declaration date. Rates may change after the account is opened. Fees or other conditions could reduce the earnings on the account.

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