First Technology
2702 Orchard Pkwy
San Jose, CA 95134
See all branch locations →
Phone 1-855-855-8805
2021 Overview
General Credit Union Information
First Technology is an NCUA insured institution located in San Jose, CA. It was founded in 1970 and has approximately $14107.09 millions in assets.
Who can join?
You can join...
If you work for a high tech or telecom sponsor company, for the State of Oregon, or in Lane County, Oregon.
If you live In Lane County Oregon.
If you are an immediate family member of a First Tech member (regardless of where you live), or if you are a member of the Financial Fitness Association.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 19976 |
| Date Established | 1970 |
| Assets | $14,107.09 million |
| Loans | $8,613.22 million |
| Deposits | $11,146.80 million |
| Capital | $1,441.72 million |
Field of Membership Restrictions
Deposit Rates - September 18, 2021
Your Current Location: California, CA 92111
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
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|
|
Money Market
|
0.15% | $10,000 | $24,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.15% | $500 | - |
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|
| 6 Mo CD
|
0.20% | $50,000 | - |
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|
| 12 Mo CD
|
0.25% | $500 | - |
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|
| 12 Mo CD
|
0.30% | $50,000 | - |
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|
| 13 Month Bump Up
|
0.20% | $500 | - |
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|
| 24 Mo CD
|
0.35% | $500 | - |
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|
| 24 Mo CD
|
0.40% | $50,000 | - |
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|
| 36 Mo CD
|
0.40% | $500 | - |
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|
| 36 Mo CD
|
0.45% | $50,000 | - |
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|
| 60 Mo CD
|
1.15% | $500 | - |
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|
| 60 Mo CD
|
1.20% | $50,000 | - |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| INTCK
|
0.05% | $0 | - | Learn More |
Loan Rates - September 18, 2021
Your Current Location: California, CA 92111
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
5.75% | 5.75% | Varies | |
Compare with RATE Line of Credit from New American Funding
See All Home Equity Rates |
||||
| 10 Year Loan
See Table |
7.00% | 7.00% | $580.54 | |
| 15 Year Loan
See Table |
7.50% | 7.50% | $463.51 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year | 4.19% | 4.19% | $462.56 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
3.37% | 3.13% | $1,741.52 | |
| 15 Year Fixed Jumbo See Amortization Table |
3.61% | 3.50% | $1,787.21 | |
| 20 Year Fixed Conforming See Amortization Table |
3.95% | 3.75% | $1,482.22 | |
| 30 Year Fixed Conforming See Amortization Table |
4.02% | 3.88% | $1,175.59 | |
| 30 Year Fixed Jumbo See Amortization Table |
4.21% | 4.13% | $1,211.62 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
3.37% | 3.13% | $1,741.52 | |
| 15 Year Fixed Jumbo See Amortization Table |
3.61% | 3.50% | $1,787.21 | |
| 20 Year Fixed Conforming See Amortization Table |
3.95% | 3.75% | $1,482.22 | |
| 30 Year Fixed Conforming See Amortization Table |
4.02% | 3.88% | $1,175.59 | |
Compare with 2.944% APR and 2.875% 30-Year Fixed RATE from Better.com
See All Mortgage Rates |
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| 30 Year Fixed Jumbo See Amortization Table |
4.21% | 4.13% | $1,211.62 | |
|
Compare with 2.944% APR and 2.875% 30-Year Fixed RATE from Better.com
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are First Technology branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
San Diego,California
Financial Details
First Technology Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of First Technology. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| First Technology | U.S. Average |
|---|---|
| 1.99% | 4.38 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of March 31, 2021, First Technology had $28,411,326 in non-current loans and $1,559,420 in owned assets. To cover these potential losses it had $1,441,717,681 in net worth and $65,841,881 in loans loss reserves. That gives it a Texas Ratio of 1.99%.
Net Worth
| First Technology | U.S. Average |
|---|---|
| 10.21% | 12.20% |
First Technology FCU has a net worth of 10.21% versus the BestCashCow average of 12.20. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About First Technology
Branches and Savings
What is First Technology?
A federal credit union, registered with the NCUA under certificate #19976.
Learn more about credit unions here.
Is First Technology FDIC insured?
No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. First Technology is insured by the NCUA.
Who can join First Technology?
Please see Field of Membership information above for information on who is eligible to join.
How big is First Technology?
First Technology has total capital of $1,441.72 million. Full information on First Technology's financial position is located above.
Who owns First Technology?
Credit Unions are owned by their members.
Where are First Technology branches located?
See branch locations nearby.
Are First Technology ATMs Open 24/7?
Do First Technology ATMs accept cash deposits?
Can First Technology customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does First Technology have a mobile app?
Does First Technology have mobile deposit?
Does First Technology have quick pay?
How can First Technology transfer money to other banks or credit unions?
Does First Technology report to credit bureaus?
Does First Technology use Chexsystems?
Does First Technology use Equifax?
What is First Technology's toll free phone number?
What is First Technology's ACH Routing Number?
What is First Technology's SWIFT code?
Where can I find First Technology's wire transfer form?
What is the First Technology address for deposits?
What Products Does First Technology Offer
Does First Technology offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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