First Tech Federal Credit Union is a leading financial institution that was founded in 1952 as Tektronix Federal Credit Union, to serve the employees of Tektronix, a technology company in Beaverton, Oregon. Over the years, First Tech has grown to become a member-owned credit union that caters to the financial needs of over 600 companies, including Hewlett-Packard, Microsoft, and Amazon.
As a member-owned and not-for-profit financial institution, First Tech is committed to providing its members with innovative financial services and products at competitive rates. The credit union operates under the philosophy of people helping people by offering financial education, low-interest loans, and a variety of deposit products.
First Tech serves over 550,000 members across the United States, offering a wide range of financial services, including personal banking, commercial banking, investment services, insurance, and mortgage loans. First Tech has over $14 billion in assets and has consistently achieved high ratings from industry analysts, including A+ rating from Standard & Poor’s and a 5-star rating from Bauer Financial.
Membership Benefits
First Tech offers a range of benefits to its members, including:
Competitive interest rates
First Tech Federal Credit Union is known for its competitive interest rates on loans and savings accounts. Members are offered a variety of loan options, including personal loans, auto loans, credit cards, home loans, and small business loans. Members can also avail of high-yield savings accounts, money market accounts, and certificates of deposit.
Free online banking and financial tools
First Tech offers its members free access to online banking and mobile apps that enable them to manage their accounts, pay bills, and transfer money securely. The credit union also provides members with access to financial tools, such as budget calculators, credit score monitoring, and financial planning tools to help them make informed decisions.
Investment and insurance services
First Tech offers its members investment services through its partnership with CUSO Financial Services, L.P. Members can avail of investment advice, retirement planning, and wealth management services. First Tech also offers a variety of insurance services, including life, auto, home, and property insurance.
Community involvement
First Tech is committed to supporting the communities it serves by offering financial education programs and charitable giving. The credit union offers financial literacy programs to help members make informed financial decisions. First Tech also provides support to various community organizations and non-profit groups through its Foundation.
Membership Eligibility
Membership in First Tech Federal Credit Union is open to individuals who are employees or members of companies that are affiliated with the credit union. Membership is also open to family members of current First Tech members.
Conclusion
First Tech Federal Credit Union is a financial institution that has been helping its members achieve financial success for over 60 years. The credit union is committed to providing innovative financial services and products to its members at competitive rates. With free online banking and financial tools, investment and insurance services, and community involvement initiatives, First Tech is a financial partner that you can trust to help you achieve your financial goals.