Credit Unions Near Me
National Credit Union Service Organization

FIRST TECH FEDERAL CREDIT UNION

Mar, 31, 2022 — FIRST TECH FEDERAL CREDIT UNION is a federal credit union headquartered in SAN JOSE, CA with 37 branch locations and about $15.01 billion in total assets. Opened 52 years ago in 1970, FIRST TECH FEDERAL CREDIT UNION has about 629,940 members and employs 1,612 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)
2702 Orchard Pkwy
SAN JOSE, CA 95134-2012
Phone:(855) 855-8805
Fax:
Website:www.firsttechfed.com
Branches:37 branch locations
Members:629,940
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, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$15,010,950,182
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 181,596,323
TOTAL INVESTMENTS 0
Loans Held for Sale 12,323,019
 
 Real Estate Loans 6,102,948,512
 Unsecured Loans 1,975,635,639
 Other Loans 1,946,610,891
 TOTAL LOANS 10,025,195,042
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -78,022,779
 Land And Building 66,770,257
 Other Fixed Assets 57,843,911
 NCUSIF Deposit 95,699,624
 All Other Assets 3,267,551
  TOTAL ASSETS 15,010,950,182
LIABILITIES & CAPITAL:  
 Dividends Payable 461
 Notes & Interest Payable 1,801,493,513
 Accounts Payable & Other Liabilities 135,300,936
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,740,368,777
 Regular shares 2,061,772,120
 All Other Shares & Deposits 5,788,970,760
  TOTAL SHARES & DEPOSITS 11,591,111,657
  TOTAL LIABILITIES 13,527,906,567
 Regular Reserve 0
 Other Reserves 146,929,325
 Undivided Earnings 1,336,114,290
  TOTAL EQUITY 1,483,043,615
  TOTAL LIABILITIES, SHARES, & EQUITY 15,010,950,182
INCOME & EXPENSE  
 Loan Income 91,917,308
 Investment Income 26,077,284
 Other Income 4,207,200
 Total Employee Compensation & Benefits 48,066,116
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 39,180,432
 Non-operating Income & (Expense) -194,278
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,444,837
 Cost of Funds 15,851,175
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,088,434
↑ Back to Top

Other Credit Unions

SEQUOIA FEDERAL CREDIT UNION
530 El Camino Real
REDWOOD CITY, CA 94063-1212
MENLO SURVEY FEDERAL CREDIT UNION
345 Middlefield Rd
MENLO PARK, CA 94025
POLAM FEDERAL CREDIT UNION
770 Marshall St
REDWOOD CITY, CA 94063-1846
MISSION CITY FEDERAL CREDIT UNION
1391 Franklin St
SANTA CLARA, CA 95050-4710
PACIFIC POSTAL CREDIT UNION
1040 Leigh Ave
SAN JOSE, CA 95126
SRI FEDERAL CREDIT UNION
333 RAVENSWOOD AVE
MENLO PARK, CA 94025
STAR ONE CREDIT UNION
1306 Bordeaux Dr
SUNNYVALE, CA 94089-1005
KEYPOINT CREDIT UNION
2150 Trade Zone Blvd
SAN JOSE, CA 95131-1730
TECHNOLOGY CREDIT UNION
2010 N 1st St
SAN JOSE, CA 95131-2018
SANTA CLARA COUNTY FEDERAL CREDIT UNION
1641 N 1st ST Ste 245
SAN JOSE, CA 95112-4519