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FIRST TECH FEDERAL CREDIT UNION

Sep, 30, 2025 — FIRST TECH FEDERAL CREDIT UNION is a federal credit union headquartered in SAN JOSE, CA with 37 branch locations and about $16.87 billion in total assets. Opened 56 years ago in 1970, FIRST TECH FEDERAL CREDIT UNION has about 712,057 members and employs 1,644 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 321180379
Name:FIRST TECH FEDERAL CREDIT UNION
Address:
(Main Office)
2890 Zanker Rd
SAN JOSE, CA 95134-2118
Phone:(855) 855-8805
Fax:
Website:https://www.firsttechfed.com
Branches:37 branch locations
Members:712,057
Credit Union Type:Federal Credit Union
Charter Number:19976
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1970
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$16,871,126,003
CEO/Manager:Greg Mitchell
Chairperson:Jeff Hank

Call Report

  • First Time Homebuyer Program
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 386,957,035
TOTAL INVESTMENTS 0
Loans Held for Sale 17,514,655
 
 Real Estate Loans 8,186,576,224
 Unsecured Loans 2,363,650,619
 Other Loans 1,615,962,043
 TOTAL LOANS 12,166,188,886
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -137,287,232
 Land And Building 56,824,762
 Other Fixed Assets 48,050,943
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 111,203,392
 All Other Assets 4,078,624
  TOTAL ASSETS 16,871,126,003
LIABILITIES & CAPITAL:  
 Dividends Payable 3,648
 Notes & Interest Payable 3,107,000,000
 Accounts Payable & Other Liabilities 147,766,389
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,955,062,961
 Regular shares 4,523,424,659
 All Other Shares & Deposits 4,597,905,521
  TOTAL SHARES & DEPOSITS 12,076,393,141
  TOTAL LIABILITIES 15,336,488,689
 Regular Reserve 0
 Other Reserves 85,689,573
 Undivided Earnings 1,448,947,741
  TOTAL EQUITY 1,534,637,314
  TOTAL LIABILITIES, SHARES, & EQUITY 16,871,126,003
INCOME & EXPENSE  
 Loan Income 517,515,171
 Investment Income 140,586,377
 Other Income 13,104,610
 Total Employee Compensation & Benefits 174,926,773
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 125,231,601
 Non-operating Income & (Expense) 8,769,285
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 116,802,326
 Cost of Funds 297,267,054
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 29,123,131
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