First Tech Federal Credit Union Strengthens Community Ties with $3.5M Donation to Nonprofits

First Tech Federal Credit Union Enhances Philanthropic Commitment

In a powerful gesture demonstrating its commitment to community support, First Tech Federal Credit Union has announced a significant contribution of over $3.5 million in 2024 to more than 100 nonprofit organizations based across the West Coast. This announcement coincided with Giving Tuesday, a day dedicated to acts of generosity and community-oriented initiatives. The funds are earmarked for nonprofits in California, Oregon, and Washington, solidifying First Tech's ongoing role as a community partner.

This dedication to philanthropy is not new for First Tech. Over the past decade, the credit union has invested an impressive total exceeding $20 million in local nonprofit organizations. This support focuses on nurturing the future leaders and innovators in the community, reinforcing First Tech's ethos of community-centric banking. According to Chylon Pappas, VP of Corporate Government Engagement, the enthusiasm exhibited by their employees and nonprofit collaborators continually inspires a culture of positive change.

Broad Spectrum of Support

First Tech's financial contribution is just one facet of its broader community commitment. The credit union champions numerous initiatives designed to educate and uplift, particularly through its Community Engagement programs. These initiatives assist various organizations in providing vital resources, facilitating access to education, and addressing essential needs—ensuring that children and families in underserved areas receive the support they need to thrive. The engagement of First Tech employees in these efforts has been remarkable; in 2024 alone, over 86% participated in various community projects.

The culmination of their philanthropic efforts is featured in First Tech's annual Season of Giving campaign. This initiative allows members, employees, and the wider community to collaborate and vote on how $10,000 should be allocated to five chosen nonprofit organizations, amplifying the direct impact of First Tech’s philanthropic efforts.

Spotlight on Community Partners

One notable community partner of First Tech is Lines for Life, a nonprofit organization located in Portland, focused on preventing substance abuse and suicide while promoting mental health awareness, particularly among youth. With the help of First Tech, Lines for Life has been able to sustain its YouthLine program—a free helpline that operates 24/7, offering critical support to youth in crisis. Craig Leets, Deputy Director of the YouthLine Program, expressed gratitude for First Tech's support, which enables essential connections between youth in need and the help they require, underscoring First Tech's commitment to mental health and community welfare.

Beyond Lines for Life, First Tech has established partnerships with a wide range of nonprofit organizations that address diverse community needs. In California, nonprofit partners include the East Palo Alto Kids Foundation, HealthRight 360, and the Silicon Valley Education Foundation. In Oregon, alliances with the Beaverton Education Foundation, Free Geek, and the Hillsboro Schools Foundation exemplify First Tech's commitment to diverse community support. In Washington, the credit union collaborates with FIRST Washington and Food Lifeline, among others, creating a network of support that spans the entire West Coast.

A Commitment to the Future

Looking towards the future, First Tech Federal Credit Union emphasizes its enduring commitment to fostering future generations of leaders, thinkers, and innovators. In 2023, the organization donated over $3.6 million across 130 nonprofit partnerships, with an impressive participation rate of 97.4% from its employees. The philanthropic focus areas encompass education—specifically STEM, early childhood literacy, financial education, and scholarships—as well as fundamental needs such as hunger, shelter, and health.

For more information on First Tech Federal Credit Union’s community initiatives and ongoing support, visit www.firsttechfed.com/community.

First Tech Federal Credit Union, headquartered in San Jose, California, stands as one of the leading credit unions dedicated to serving the technology workforce and has become a trusted financial partner to over 660,000 members. With a broad range of financial products and unparalleled community support, First Tech continues to exemplify the credit union difference—people helping people for a better tomorrow.