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  CapEd Federal Credit Union Money Market Account
CapEd Federal Credit Union Money Market Account
in Money Market Accounts from CapEd Credit Union · Insured by NCUA
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CapEd Federal Credit Union Money Market Account

Unaffiliated
in Money Market Accounts from CapEd Credit Union · Insured by NCUA
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Highlights
APY (Annual Percentage Yield) 0.15% - 0.40%
Minimum Balance to Earn APY $2,500
Minimum Opening Deposit N/A

CapEd Federal Credit Union Money Market Account Review

CapEd Federal Credit Union Money Market Account is offered by CapEd Credit Union, a credit union founded in 1936 and based in Meridian, ID. CapEd Federal Credit Union Money Market Account are available in 50 states (and Washington, DC).

Key Takeaways

  • Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.40%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $2500.
  • Charges a monthly fee. This account charges a monthly service fee of up to $18, but the fee is waived if you keep a minimum balance of $2,500.

Pros & Cons of CapEd Federal Credit Union Money Market Account

Pros Cons
  • Available in all 50 states.
  • Generous dividends.
  • Does not offer mobile check deposits.
  • Insured by NCUA.
  • Access to physical branches.
  • Free debit card
  • No signup bonus.
  • Not FDIC-insured.
  • Monthly service charge.

CapEd Federal Credit Union Money Market Account FAQ

Are money market accounts from CapEd Credit Union federally insured?

Yes, your money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What are the dividends for CapEd money market rates?

CapEd money market offers an APY starting at 0.15% and ranging up to 0.40% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

CapEd money market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.15% - 0.40%

What are the fees for CapEd Federal Credit Union Money Market Account?

This account charges a monthly maintenance fee of up to $18. You can avoid this fee by maintaining a balance of $2,500.

CapEd Credit Union will charge you a $5 fee if you exceed your maximum number of monthly transactions.

CapEd Federal Credit Union Money Market Account Fees
Fees Amount
Monthly Fee up to $18
Paper Statement Fee N/A
Excess Transaction Fee $5

What is the minimum balance for CapEd money market?

No minimum initial deposit. CapEd Credit Union does not require a minimum initial deposit to open an account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does CapEd money market offer?

This account includes the following features:

  • Fraud monitoring - CapEd Credit Union monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - CapEd money market allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this business card is (800) 223-7283.

What is the support contact email?

The support contact email for this business credit card is questions@capedcu.com.

How to open an account with CapEd Credit Union

  • Visit the CapEd Credit Union website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:30pm
  • Tuesday 9:00am - 5:30pm
  • Wednesday 9:00am - 5:30pm
  • Thursday 9:00am - 5:30pm
  • Friday 9:00am - 6:00pm
  • Saturday Closed

Other Services by CapEd Credit Union

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $2,500
Minimum Balance to Earn APY $2,500
Monthly Fee $0 - $18
Account Features
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Insured by NCUA
  • Branch Access
APY (Annual Percentage Yield) 0.15% - 0.40%
Dividend Compounding Frequency Monthly
Dividend Payout Frequency Monthly
Dividend Rate 0.15% - 0.40%

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