First Tech Federal Credit Union history

In 1961, the name was changed to Tektronix Employees Federal Credit Union to reflect the credit union's membership.

From very early on, technical innovation was emphasized and reflected in First Tech's motto of "Think Forward". As early as 1976, the credit union began using computers for online data processing.

By 1979, Tektronix Employees Federal Credit Union had begun the use of ATMs.

In 1985, the credit union unveiled "Call 24", which allowed members to check balances and transfer funds by phone.

In 1986, the name was changed to First Technology Credit Union and the membership was opened to include employees in technology industries of the Pacific Northwest.

The 1995 launch of the company's website paved the way for the credit union to become the second financial institution in the world to perform secure internet transactions.

In 1997, the name was shortened to First Tech Credit Union.

The database itself is managed on behalf of First Tech Federal Credit Union by Ultimate Software Group, Inc, 2000 Ultimate Way, Weston, FL 33326.

With over 156,000 members, and over 1.8 billion dollars in assets in 2007, First Tech was one of the largest state chartered credit unions in the Pacific Northwest.

In March 2010, the company announced it would merge with California-based Addison Avenue Federal Credit Union, which served the employees of Hewlett Packard Company, Agilent Technologies, CH2M Hill, and various other technology based companies, pending government and member approval.

The deal was approved by the government and credit union members, and became effective on January 1, 2011, with the new entity named First Tech Federal Credit Union.

The company relocated to a new corporate office in Hillsboro, Oregon, in 2018.