Review of First Tech FCU in July 2024: Offering High-Yield Checking and Savings Accounts

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First Tech Federal Credit Union (FTFCU): A Comprehensive Banking Provider with High-Yield Accounts

First Tech Federal Credit Union (FTFCU) offers a wide range of banking products and services, making it a great option for those looking for a credit union with high-interest yield checking and savings accounts. Founded in 1952 by employees of Hewlett-Packard and Tektronix, FTFCU still provides exclusive financial services for companies and employees through partnerships with major corporations like HP Inc., Microsoft, and Google.

To become a member of FTFCU, you must work for one of its partner companies, be a family member of a current member, or meet other eligibility criteria. The credit union offers checking accounts starting at $0 per month, savings accounts that can be opened with as little as $5, and CD rates that can earn up to 3.85% APY.

Pros of First Tech FCU include high-yield accounts, multiple ways to join, and a full suite of banking products and services. However, cons include limited branch locations and balance limits on high-yield accounts.

Overall, First Tech FCU is a great choice for those interested in high-yield accounts, in-person banking, and a full-service banking provider. With competitive rates and a range of products, it’s worth considering for your banking needs.