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First Tech Routing #321180379

Support for tech employees facing job uncertainty  

Image of a woman sitting on a sofa and browsing her phone.
Image of a woman sitting on a sofa and browsing her phone.

Unexpected job loss can be devastating, but there are actions you can take to protect your finances. We were founded upon the philosophy of people helping people, and we have been helping tech employees navigate their financial futures for over 70 years, including preparing for times of job uncertainty.

In the case of a job loss, you may have received a severance package, final paycheck, or a payout of any accrued paid time off. You may also have questions about your 401(k) plan and other investment vehicles, or you may be wondering about unemployment benefits. If you planned ahead, you could have an emergency savings account to utilize—and if not, you can make an emergency savings account a priority when better times prevail.

Maybe you feel like you could be better prepared for a potential job loss. Perhaps you’ve already lost your job and are looking for answers to financial questions. First Tech has resources to help you manage your financial future confidently, so you can stay on your feet and moving ahead with your financial goals while your next career move awaits.

Financial tools and resources

We’ve collected our most helpful articles and videos related to job transitions and put them in a single place for you to browse and view on your own time. Check out our job transition page. We also have a number of financial calculators to help you make the most of your budget when your income is reduced, and plan ahead for your savings and retirement goals.

No-cost consultations

Meet one-on-one over the phone with a First Tech representative to assist with your general financial needs in a financial wellness check-in. Or meet with a Financial Advisor at Addison Avenue Investment Services to provide retirement and investment guidance. Either way, we can help you make a plan for your short and long-term future.
Connect with a Financial Advisor MEET IN-PERSON WITH A FIRST TECH REPRESENTATIVE MEET VIRTUALLY WITH A FIRST TECH REPRESENTATIVE

Emergency Loans

First Tech offers Emergency Loans for members in special situations. Current rate and terms are below. Applicant must be a current member of First Tech to be eligible. To apply for an Emergency Loan (if available), log in to Online Banking and select Open New Account, then Personal and Short Term Loans and Emergency Loan.

Emergency Loan Overview:
Personal - Emergency Loan
Effective Date: 11/01/2024
Loan Term
Annual Percentage RateAnnual Percentage Rate. Membership is required and subject to approval. All loan applications are subject to credit and collateral approval.
Minimum Loan Amount
Maximum Loan Amount
6 to 36 months
8.00%
$500
$10,000
Personal - Emergency Loan
Effective Date: 11/01/2024
Loan Term
6 to 36 months
Annual Percentage RateAnnual Percentage Rate. Membership is required and subject to approval. All loan applications are subject to credit and collateral approval.
8.00%
Minimum Loan Amount
$500
Maximum Loan Amount
$10,000

Loan payment assistance request

We understand the loss of a job may be a financial hardship. For members who have lost a job and are receiving unemployment benefits, we may be able to provide assistance. Please see the FAQs below for important information about loan payment assistance. If you’re interested in payment assistance on your First Tech consumer loan, please complete the form below. All consumer loan requests will be processed assuming you meet qualifications of the program.
Consumer loan payment assistance request

Requests for mortgage forbearance will require a conversation with a First Tech representative on the Loan Workouts team. Please call 855.855.8805, extension 4662 to discuss your situation.

Frequently asked questions.

We will review and process your request within 15 business days. Rest assured, we will review your request in the order it is received and contact you if any more information is needed. Mortgage loan forbearance will require a conversation with a First Tech representative and we’ll reach out to you for this discussion. Thanks for your patience.

The maturity date of your loan may be extended. Payments not made as usual will be added to the end of your term as a balloon payment. You may also choose to pay off this amount earlier with your regular monthly payments.

First Tech will continue to monitor programs and evaluate their need. They may be ended without notice.

Any 30 day credit marks resulting from processing delays will be corrected. If a regular payment is late for any reason, this will be reported as usual.

Yes, log in to First Tech’s online banking and click on to your loan account. You may also call 855.855.8805 and, if you have VoiceID setup, you can make a payment without waiting for a First Tech representative.

Your reduced monthly consumer loan payment amount will be based upon the regular amount you paid. See table:

 Regular monthly payment Reduced monthly payment 
 $200 or less $40
 $201 - 300 $90
 $301 - 400 $140
 $401 - 500 $190
 $501 - 600 $240
 $601 or more $290

You may make regular payments at any time.

A balloon payment is a large payment made at the end of the loan, generally upon the loan’s maturity. This can occur when deferred payment amounts are added to the final scheduled payment of the loan.

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Registered address: 1011 Sunset Blvd, Rocklin, CA 95765 │ 855.744.8585

Financial Advisors offer securities through Raymond James Financial Services, Inc, Member FINRA/SIPC and securities are not insured by credit union insurance, the NCUA or any other government agency, are not deposits or obligations of the credit union, are not guaranteed by the credit union, and are subject to risks, including the possible loss of principal. First Technology Federal Credit Union and Addison Avenue Investment Services are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.

Raymond James Financial Advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.

Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

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