First Tech Federal Credit Union

What First Tech Federal Credit Union does

First Tech Federal Credit Union is a federally chartered, NCUA-insured credit union headquartered in Hillsboro, Oregon, that delivers retail banking, consumer and commercial lending, insurance, and investment services to a membership anchored in technology-industry employees and their families. Founded in 1952 and historically concentrated in the Pacific Northwest, the institution completed a merger with Digital Federal Credit Union effective January 1, 2026, creating a combined entity with $28.7 billion in assets, nearly two million members, and more than 50 branches across eight states, operating as two divisions during integration.

The product platform spans First Tech Rewards Checking & Savings, Premier Rewards Banking, share certificates, and a mobile-first digital banking experience with Zelle integration; a full lending suite including Choice Rewards World and Odyssey Rewards World Elite credit cards, home loans, fixed-rate and secured personal loans, new and used auto loans plus refinancing, RV/boat/motorcycle loans, student-loan refinancing, and commercial lending; insurance distribution through wholly-owned First Tech Insurance Services LLC (personal lines such as auto, home, life, umbrella, pet, and earthquake/flood, plus business lines including BOP, workers' comp, professional liability, D&O, EPLI, commercial vehicle, crime, inland marine, and builders risk); and investment services through Addison Avenue Investment Services in partnership with Raymond James Financial Services alongside the EasyVest robo-advisor (minimum $200). Distribution combines physical branches, an employer-partner workplace banking program targeting technology campuses, licensed insurance agents across 15+ states, and direct-to-consumer digital onboarding.

Revenue is generated primarily through net interest income on the loan portfolio and deposit-funded balance sheet, supplemented by insurance commissions via First Tech Insurance Services LLC, advisory and securities-transaction fees through Addison Avenue, robo-advisory fees through EasyVest, and interchange on the credit card book. The institution differentiates on niche expertise in equity compensation (RSUs, stock options), a community-engagement layer via First Tech Beyond™ partnerships with four Portland professional sports teams, and an AI-assisted commercial credit workflow sourced from AIO Network that has been reported to reduce loan document review time by 76%. Leadership for the combined entity includes Dallas Miyashiro as CEO, Greg Mitchell as President, Steven Wright as Chief Legal Officer, Kalyan Rajamani as CTO, Douglas G. Marshall as Chief Membership Officer, and Evelyn Prime-MacAdam as SVP, Digital Product.

Name

First Tech Federal Credit Union

Legal name

First Technology Federal Credit Union

Website

https://firsttechfed.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

First Tech Federal Credit Union is a federally chartered, NCUA-insured credit union serving technology professionals with retail banking, consumer and commercial lending, insurance, and investment services across eight states post-merger with DCU.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (522130), Credit Card Issuing (52221), Commercial Banking (522110)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)

akta.pro primary industry

Retail-focused Neobanks (Mass Market) (FSABAFAA)

akta.pro secondary industry

Technology Errors & Omissions (Tech E&O) / Professional Liability (FSAJAOAC)

Keywords

• Retail banking services
• Consumer lending products
• Credit union services
• Insurance products
• Investment advisory

Headquarters

HQ city

Beaverton

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income on Loans: First Tech Federal Credit Union generates revenue primarily through interest collected on its loan portfolio, including credit cards, home loans, auto loans, personal loans, and commercial lending. Rate tiers are publicly disclosed, with credit cards as low as 10.49% APR and home loans at 6.000% (as of the available rate data on the website).
2. Deposit Insurance and Share Certificates: Members hold deposit accounts (savings, checking, share certificates) with the credit union, generating fee income and enabling the institution to fund loans. Share certificates offer APY rates up to 4.00%, with the credit union earning the spread between loan rates and deposit rates.
3. Insurance Services: First Tech Insurance Services LLC, a wholly-owned subsidiary, provides insurance products including auto, home, life, business, and specialty insurance. Revenue is generated through commissions on insurance policies sold through the agency's network of licensed agents.
4. Investment Services (Addison Avenue Investment Services): Through a partnership with Raymond James Financial Services, the credit union offers investment services and financial advisory, generating revenue through securities transactions and advisory fees. EasyVest provides robo-advisory services starting at $200 minimum investment.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

First Tech Federal Credit Union is a federally chartered, member-owned credit union providing retail banking, consumer and commercial lending, insurance, and investment services to technology professionals and the broader community. Core offerings include checking and savings accounts, share certificates, credit cards, mortgages, auto and recreational vehicle loans, personal loans, commercial lending, business accounts, personal and business insurance through its wholly-owned First Tech Insurance Services subsidiary, and investment advisory via Addison Avenue Investment Services and the EasyVest robo-advisor platform. Distribution is via a branch network of 50+ locations across 8 states, a digital banking platform with mobile apps and Zelle, employer partner programs at technology company campuses, and a network of licensed insurance agents.

Product overview

First Tech Federal Credit Union is a comprehensive financial services institution offering a unified platform of banking, lending, insurance, and investment products primarily serving technology professionals. The core banking products include First Tech Rewards Checking & Savings and Premier Rewards Banking, supported by Digital Banking with mobile apps and Zelle integration. Lending products span credit cards (Choice Rewards World, Odyssey Rewards World Elite, Platinum variants), home loans, personal loans (fixed-rate, lines of credit, certificate/savings-secured), auto loans, recreational vehicle loans (RV, boat, motorcycle), student loan refinance, and commercial lending. Insurance offerings operate through First Tech Insurance Services as a wholly-owned subsidiary, providing personal coverage (auto, homeowners, life, renters, umbrella, pet, dental, earthquake/flood) and business coverage (BOP, workers comp, professional liability, D&O, EPLI, commercial vehicle, crime, inland marine, umbrella, builders risk). Investment services are delivered through Addison Avenue Investment Services (full-service advisory via Raymond James) and EasyVest (robo-advisor with $200 minimum). The First Tech Beyond program provides member engagement through sports team sponsorships, while Financial Fitness offers educational resources. The company completed a merger with Digital Federal Credit Union (DCU) in January 2026, creating a $28.7 billion institution serving nearly 2 million members across more than 50 branches in eight states.

Differentiator

Problem solved

Functional benefit

Brands

• First Tech Insurance Services: Insurance products and services offered through a wholly-owned subsidiary
• Addison Avenue Investment Services
• EasyVest
• First Tech Beyond

Products and services

• First Tech Rewards Checking & Savings Primary checking and savings account bundle offering up to 3.00% APY, cash back rewards, and digital banking features designed for technology professionals seeking premium banking benefits.
• Premier Rewards Banking Premium banking tier with enhanced benefits and higher yield rates for members seeking elevated banking services.
• Share Certificates Certificate of deposit products offering competitive APY rates, including a 3-Month Share Certificate earning 4.00% APY and up to 3.00% APY on longer terms.
• Digital Banking Mobile-first banking platform with iOS/Android apps enabling bill payment, money transfers, Zelle peer-to-peer payments, account monitoring, card management, and appointment scheduling.
• Business Accounts Business checking and membership savings accounts designed for business operations and cash management, offered to business members of the credit union.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including traditional and Roth IRA options for member retirement planning.
• Credit Cards Suite of consumer credit cards including Choice Rewards World, Odyssey Rewards World Elite, Platinum Rewards, Platinum, and Platinum Secured, with competitive APRs starting at 10.49%, cash back, and travel rewards.
• Home Loans Comprehensive home lending including purchase mortgages, refinance, and home equity products, with competitive rates such as 6.000% APR and access to loan officers and mortgage calculators.
• Personal Loans Unsecured lending options including fixed-rate personal loans, revolving personal lines of credit, share certificate-secured loans, and savings-secured loans for various consumer borrowing needs.
• Auto Loans Vehicle financing for new and used automobiles including purchase loans and refinance options with member-exclusive rate discounts.
• Recreational Vehicle Loans Specialized financing for RVs, boats, and motorcycles with flexible terms and competitive rates.
• Student Loan Refinance Refinancing option for existing student loans with fixed-rate products to potentially lower interest rates and simplify repayment.
• Commercial Lending Business credit facilities and commercial loan products for business members and commercial property financing, supported by AI-driven credit automation that reduces loan document review time by 76%.
• First Tech Insurance Services Wholly-owned insurance subsidiary offering personal lines (auto, homeowners, life, renters, umbrella, pet, dental, earthquake/flood, recreational vehicles) and commercial lines (Business Owners Policy, workers' compensation, professional liability, D&O, EPLI, commercial vehicle, crime, inland marine, business umbrella, builders risk) through a network of licensed independent agents.
• Addison Avenue Investment Services Full-service investment advisory offering personalized financial guidance from experienced advisors, with securities offered through Raymond James Financial Services, Inc. (Member FINRA/SIPC).
• EasyVest Digital robo-advisor platform that suggests goal-based investment portfolios with a minimum investment of $200 and automated portfolio management.
• First Tech Beyond Member rewards and VIP experience program providing exclusive perks, sweepstakes, and connections with four Portland professional sports teams (Portland Timbers, Portland Thorns, Portland Trail Blazers, Fire).

Quantifiable outcome

• Loan document review time reduced by 76% through AIO Network AI automation (applied to First Tech's commercial credit processes)

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• AIO NetworkcoreTechnology or IntegrationFirst Tech Federal Credit Union is one of AIO Network's US customers. AIO Network has developed an AI-driven infrastructure to automate commercial credit processes for financial institutions, reportedly reducing loan document review time by 76% and achieving over 200% revenue growth. First Tech uses this technology to automate commercial credit processes.
• FinastracoreStrategic or Co-development PartnerAIO Network formed a strategic partnership with Finastra to make its AI-driven credit automation technology available through Finastra's FusionFabric cloud platform, granting access to thousands of financial institutions worldwide. This partnership indirectly connects First Tech (as an AIO customer) to Finastra's ecosystem of financial institutions.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Technology Credit Union (Tech CU): California-based credit union serving technology employees and the broader tech ecosystem with banking, lending, and investment products. Direct niche overlap with First Tech's 'credit union for people of tech' positioning.
• BECU (Boeing Employees Credit Union): Washington-state credit union with similar employer-affiliation model and Pacific Northwest concentration. Comparable member-owned cooperative serving a defined employee community with full banking, lending, and insurance products.
• Connexus Credit Union: Digital-first credit union with national membership reach, emphasizing online onboarding and remote-first banking. Highly comparable technology and member-acquisition model to First Tech's digital platform.
• Alliant Credit Union: Large digital-first credit union with open eligibility through partner organizations, offering full-service banking, lending, and investment products. Closely comparable national digital cooperative model.
• Patelco Credit Union: Bay Area-headquartered credit union serving a tech-heavy member base in Northern California. Comparable member profile, product breadth, and tech-worker focused positioning.
• SchoolsFirst Federal Credit Union: Large California-based federal credit union with similar employer-association eligibility model and full-service banking, lending, and investment offerings. Comparable scale and cooperative structure.

Regional players

• OnPoint Community Credit Union: Portland-based credit union with strong Pacific Northwest presence and overlapping branch geography. Comparable cooperative model serving Oregon and Washington consumers, creating direct local-market overlap.

Broad incumbents

• Pentagon Federal Credit Union (PenFed): One of the largest US federal credit unions with nationwide membership and full banking, lending, and investment products. Comparable institutional scale and product breadth, though serving a different member-affiliation niche.
• America First Credit Union: Large Utah-based federal credit union with broad retail and business banking products across multiple states. Comparable asset scale and full-service credit union business model.
• Navy Federal Credit Union: The largest US credit union with national membership and comprehensive banking, lending, insurance, and investment offerings. Benchmarks scale, product breadth, and digital-banking capability for any large credit-union peer set.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FirstTechFed
• Facebookfacebook.com/Firsttechfed
• LinkedInlinkedin.com/company/2106853
• Instagraminstagram.com/firsttechfed/?hl=en

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Tech Federal Credit Union