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First Tech Federal Credit Union

Engaged Employer

First Tech Federal Credit Union reviews

3.3

51% would recommend to a friend

(548 total reviews)
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Shruti Miyashiro

74% approve of CEO

56% positive business outlook

First Tech Federal Credit Union has an employee rating of 3.3 out of 5 stars, based on 548 company reviews on Glassdoor which indicates that most employees have a good working experience there. The First Tech Federal Credit Union employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

548 reviews
1.0
Jul 22, 2019
Recommend
CEO approval
Business Outlook

Pros

good pay but not enough to cover the stress

Cons

The turnover rate is extremely high, management is not helpful in many situations, there is a lot you have to figure out as you begin to work with real customers on the phone, and as long as the training class was, it was pretty much useless by the time you work out of the time due to the outdated content in the binder.

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First Tech Federal Credit Union Response
6y
We’re sorry to hear about your experience with us. As we tell our employees, every one of us owns our experience. Because of this, we always encourage employees to reach out to senior leadership or Human Resources to see how we can improve your time at First Tech. We’ll pass along your comments to the appropriate teams.
3.0
Aug 5, 2014
Recommend
CEO approval
Business Outlook

Pros

Most coworkers that have I've worked with were great! Bonus was decent too, if you worked hard for it.

Cons

FTFCU is turning into a bank, most upper management including CEO are all from banks. Sales,sales,sales mentality since all they'll hire now are applicants from other banks. Training is non existent, I'm glad I won't be there long enough to see how salesforce works out, since it probably will flop like other new systems before it. Don't talk down to reps not making their goals as fast as you want them to be. Treat people with respect especially since if it wasn't for us FTFCU would have already went down the tubes.

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First Tech Federal Credit Union Response
11y
Although I am disappointed that you were unhappy during your time at First Tech, I truly appreciate you providing this feedback. It helps us understand how our renewed focus on bringing the tools, resources and approaches to the table to help enrich our members may be being translating throughout the organization. By sharing your thoughts, we can learn and improve. I wish you the best in your future roles.
1.0
Apr 16, 2024
Recommend
CEO approval
Business Outlook

Pros

At the XC (branch) level, you can create a team environment that is fun. There is some room to create your own office culture. I was lucky and had a great team (others are not as fortunate) My immediate manager was FANTASTIC. She was incredibly supportive and knew how to be a leader. The CEO is well intentioned and active in the community. Allegedly, he was seen in Winco and pleasantly chatting with other shoppers just as normally he would in the office. You will learn A LOT. There is a surplus of potential growth in your banking knowledge. On a side note, if you do not have any experience in sales, this role will be a wonderful entry point to learn a sales process. There are opportunities to get some additional certifications, and some are even paid for by the company. Banking has some weird niches sometimes that you can fill after you find them Benefits are not great but competitive.

Cons

Pay generally is on the lower side. For the bankers, incentive plan is not really an incentive plan, the commissions used to be ok but after 2024 my commission bonuses per quarter were reduced by 40%. Excluding my immediate manager and the CEO, everyone else in between was dismissive and incredibly condescending towards other employees and other departments. Feedback is met with defensive comments and lack of follow through. If you have an eye for optimizing a process and pass along feedback to leadership, no matter how professional you are and how genius the idea is, don’t expect anything. More than likely, you will be blamed for even bringing it up. Most systems are old, and the company has no plans on updating them or purchasing new ones. This results in a negative experience for their clients which means the customer facing positions get to be yelled at while leadership never pays the consequences for their actions. Corporate is an insider’s club. If you work at the branch, you do not get nearly the plush benefits that are offered to other employees. And if you try to make a lateral move First Tech will find a way to hire from the outside. I knew some people who were able to move up the ladder, but it was very rare. I was offered a job on the corporate side, but I declined it because the “raise” I was offered was insulting and HR was not very flexible in their negotiations. Mistakes are always met with micro-management from that employee’s direct supervisor. If you fail a goal that is set by the company, no matter how arbitrary the goal is, you should face consequences for it. If on the slight chance you exceed expectations, First Tech will remove the instruments in play to support you. And sometimes, believe it or not, leadership will get suspicious of you and even punish you if you exceed your sales goal by a significant amount (this actually happened to me when I reached 168% of my loan sales goal). Overall, there is the feeling that First Tech used to be a good company that provided a good service. Many great leaders and employees have left throughout the years. But starting around late 2022/early 2023ish, this deterioration has accelerated. It seems like everything is going downhill.

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First Tech Federal Credit Union Response
2y
Thank you for taking the time to leave a review. Please consider reaching out to Human Resources or a member of the Executive Team who have an open-door policy to identify ways to better your experience.
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Glassdoor has 569 First Tech Federal Credit Union reviews submitted anonymously by First Tech Federal Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if First Tech Federal Credit Union is right for you.