First Tech Federal Credit Union

First Tech Federal Credit Union is a federally chartered credit union headquartered in San Jose, California. It was founded in 1952 to serve employees of Hewlett-Packard and has grown significantly through expanded membership eligibility tied to the technology industry and related communities.

Membership is generally available to employees and family members of over 900 technology companies and their subsidiaries, including major Silicon Valley employers. People who live or work in Lane County, Oregon also qualify. In addition, joining the Computer History Museum or the Financial Fitness Association can open membership to those who do not otherwise qualify.

As a credit union, First Tech is owned by its members rather than outside shareholders. It is federally insured by the National Credit Union Administration up to $250,000 per depositor, providing the same protection as FDIC insurance at banks. This structure allows First Tech to focus on member service rather than generating profits for investors.

First Tech commonly offers checking and savings accounts, auto loans, personal loans, mortgages, home equity products, and credit cards. It is often cited as a competitive option for auto and personal loans, particularly for borrowers with strong credit. Its digital banking tools are generally well regarded, which fits its tech-oriented membership base.

The credit union operates branches primarily in California, Oregon, Washington, Colorado, Georgia, Idaho, Massachusetts, and Texas, with a focus on areas with large technology employer populations. It also provides full-service online and mobile banking for members outside branch areas.

Consumers who work in or around the technology industry, or who live in eligible communities, should check whether they qualify for membership before applying for any products.