• There are no prepayment penalties, application fees, or origination fees
  • Personal loans, secured and unsecure
  • There are many loan amounts available


  • You must be a member
  • Autopay enrollments are not subject to a discount on the APR

The basics of a First Tech Credit Union personal Loan

First Tech Credit Union was established in 1952. It provides financial services for tech giants such as Microsoft and Amazon. First Tech offers a range of financial products including home loans and credit cards.

First Tech Credit Union personal loans can be used for a variety of purposes such as debt consolidation, vacation expenses, and wedding expenses. You can borrow as little $500 and have loan terms ranging from 2-7 years.

Secured and Unsecured Loans

First Tech offers a variety of personal loans. There are three options for secured loans: unsecured personal loans, savings-secured, and stock-secured.

Large range of loan amounts

First Tech personal loans for secured and unsecured loans start from $500. This may be useful if you require a small personal loan to cover an unexpected expense, such as a minor repair on your car.

However, loans can be extended up to $1 million. A personal loan that is not secured by collateral can be up to $50,000. Stock-secured loans are allowed up to $1 million. Maximum amount for certificate- and savings-secured loans is $500,000.

You must be a member of a credit union

First Tech members are required to be a member before you can submit a loan request. You can qualify if:

  • First Tech members are people in your household or family.
  • Lane County, Oregon is where you live and work.
  • Your family member or you work for the State of Oregon, or First Tech partners.
  • You are a member either of the Financial Fitness Association, or the Computer History Museum.

First Tech recommends that you call or stop in at a branch to discuss any situation with a representative if none of the above options are available.

First Tech Credit Union personal loans

Here are some details to help you decide if you want a First Tech Credit Union personal mortgage.

  • You can apply with a cosigner if you have poor credit. This could help you qualify for the loan and possibly get a lower interest rate. A co-borrower can also be applied for the loan, who will agree to share equal responsibility.
  • Late fees If you are late with a loan payment, you might have to pay a penalty. First Tech representatives say there is a 10-day grace period.
  • Get a rate estimate without affecting your credit rating.First Tech lets you prequalify online using a soft credit inquiry. This doesn’t affect credit but can help you get an idea of what rate you might receive if you are approved. Prequalifying does not guarantee your approval nor an estimate rate. Before you can submit a formal loan application, you will need to complete a credit inquiry.
  • You can defer your first monthly installment for up to 45 days. This is useful if you have a financial emergency right after taking out a loan. However, deferring your payment may result in higher interest rates over the loan’s life.
  • Mobile app now available — Download First Tech Credit Union’s app from Google Play and the App Store to manage your loan, view loan balances, or make payments.
  • Loans available in all 50 StatesFirst Tech offers personal loans to anyone who lives in the United States

What is First Tech Credit Union’s loan for?

First Tech may be a good loan option for members who are already members, or those who wish to become members. First Tech does not charge any application fees, origination fees, or penalty fees for early loan repayment. This helps to reduce borrowing costs. First Tech’s APRS starting price — which can be found on its website — is competitive.

First Tech offers higher loan limits for those who want to borrow large amounts of money. They can go up to $50,000 for unsecured loans or $500,000 for secured loans. Remember that secured loans require collateral such as stocks or savings accounts. If you fail to repay the loan as promised, the lender can take the loan.

How to Apply with First Tech Credit Union

Start the loan application by checking your estimated rate online. First Tech Credit Union will require you to give your personal information such as:

  • Name, email, and address
  • Date of birth
  • Tax ID or Social Security Number

If you are prequalified and wish to proceed, you will complete a loan request, agree to hard credit checks, and provide additional information such as your gross monthly income and housing payment. First Tech will make the final decision about loan approval and terms.

Contact customer service to apply over the telephone for a personal loan. You can contact customer service by phone or email to check the status of your First Tech loan request.

Are you unsure if First Tech Credit Union is the right fit for your needs? These are some alternatives.

  • PenFed – Like First Tech PenFed : A federal credit union, PenFed offers personal loans at competitive rates to qualified applicants
  • Avant If you have poor credit, Avant may be a good option. However, its best interest rates might not be as low than other lenders.