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 is available in 50 states (and Washington, DC).

• Very high 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
Available in all 50 states. Generous dividends. Does not offer mobile check deposits. Insured by NCUA. Access to physical branches. Free debit card No charge on incoming domestic or international wire transfers.	No signup bonus. Not FDIC-insured. Monthly service charge.

Are money market accounts from CapEd Credit Union federally insured?

Yes, your CapEd Credit Union 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.

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.