A New Partnership

Update: In April, we submitted our application for regulatory approval. Since then, state and federal regulators have been reviewing our application. We hope to hear a decision soon. If approved, First Tech members will then vote to approve the merger. The actual timing of the vote depends on regulatory approval. We’ll be sure to give you plenty of advance notice and information about the vote. Stay tuned for further updates.

First Tech is committed to helping our members live financially strong. A key part of that commitment is maintaining the strength and stability of your credit union while continually striving to deliver more value to you. That’s why we’re pleased to tell you that our Board of Directors has unanimously decided to support a plan to merge with Addison Avenue Federal Credit Union.

As a progressive, forward-thinking institution, First Tech has always taken prudent, proactive steps to add value to your membership. That’s exactly why our Board explored this partnership. We believe the proposed merger presents a unique opportunity for two independently strong, well-capitalized credit unions to build an even stronger foundation for the future.

Like First Tech, Addison is a recognized industry leader in innovative financial services delivery, and we share a common set of member-centric values. From our members and employees to our cultures, values, strategies and systems, First Tech and Addison Avenue share many, many commonalities, all of which would help us create a successful partnership.

We anticipate you may have some questions about the proposed partnership, why our Board explored a merger, how you’ll benefit, how it affects your banking services and more. Because we have yet to gain regulatory approval, there are many things yet to finalize; however, please use the links below or on the right to navigate to a specific topic and its related information.