The city of Sammamish, Washington, has become a hub for technology and innovation, with many top tech companies having a presence in the area. One such company that has made a significant impact in the region is First Tech Federal Credit Union. As a leading financial institution, First Tech Sammamish has been serving the community for years, providing its members with a wide range of financial products and services. In this article, we will delve into the world of First Tech Sammamish and explore five things you need to know about this esteemed organization.
A Brief History of First Tech Sammamish
First Tech Federal Credit Union was founded in 1952 by a group of scientists and engineers who worked at Tektronix, a leading technology company in the Portland area. The credit union was initially established to serve the financial needs of Tektronix employees, but over the years, it has grown to become one of the largest credit unions in the United States. Today, First Tech Sammamish serves over 500,000 members across the country, with branches in several states, including Washington, Oregon, and California.
What Makes First Tech Sammamish Unique
So, what sets First Tech Sammamish apart from other financial institutions? For starters, the credit union is member-owned and not-for-profit, which means that its members are also its owners. This unique structure allows First Tech Sammamish to focus on serving the needs of its members, rather than maximizing profits for shareholders. Additionally, the credit union is known for its commitment to innovation and community involvement, with a strong focus on supporting local businesses and organizations.
Products and Services Offered by First Tech Sammamish
First Tech Sammamish offers a wide range of financial products and services to its members, including:
- Checking and savings accounts
- Credit cards
- Personal loans
- Mortgages
- Investment services
- Retirement accounts
The credit union also offers a variety of online banking tools and mobile apps, making it easy for members to manage their finances on the go.
Community Involvement and Financial Education
First Tech Sammamish is deeply committed to giving back to the community, with a strong focus on supporting local businesses and organizations. The credit union offers a variety of financial education programs and resources, designed to help members manage their finances effectively and achieve their long-term goals. Additionally, First Tech Sammamish supports a number of community development initiatives, including affordable housing programs and small business lending initiatives.
Awards and Recognition
First Tech Sammamish has received numerous awards and recognition for its outstanding service and commitment to the community. Some of its notable awards include:
- Best Credit Union in the Northwest (2019)
- Top 100 Credit Unions in the United States (2020)
- Excellence in Lending Award (2018)
How to Become a Member of First Tech Sammamish
If you're interested in becoming a member of First Tech Sammamish, the process is relatively straightforward. To be eligible for membership, you must meet one of the following criteria:
- Work for a select employer group
- Live or work in a specific geographic area
- Be a member of a partner organization
- Be a family member of an existing First Tech Sammamish member
Once you've determined your eligibility, you can apply for membership online or in person at a local branch.
Conclusion: Why First Tech Sammamish Stands Out
In conclusion, First Tech Sammamish is a unique and innovative financial institution that has made a significant impact in the Sammamish community. With its commitment to member service, community involvement, and financial education, the credit union stands out from other financial institutions. Whether you're looking for a new bank or credit union, or simply want to learn more about the services offered by First Tech Sammamish, we hope this article has provided you with valuable insights and information.
What is First Tech Sammamish?
+First Tech Sammamish is a federal credit union that serves the financial needs of its members, with a strong focus on community involvement and financial education.
What products and services does First Tech Sammamish offer?
+First Tech Sammamish offers a wide range of financial products and services, including checking and savings accounts, credit cards, personal loans, mortgages, investment services, and retirement accounts.
How do I become a member of First Tech Sammamish?
+To become a member of First Tech Sammamish, you must meet one of the following criteria: work for a select employer group, live or work in a specific geographic area, be a member of a partner organization, or be a family member of an existing First Tech Sammamish member.