During college, I did the same and lost a lot of money in a failing investment. When I first started saving for retirement in high school, I thought it was good to invest. When you’re 18, you think you know everything and become a bank with your hard-earned money.īut that can be a costly mistake. Banking with First Techīeing a millennial in today’s market is tough when it comes to banking. In 2011, it changed from an Ohio-based credit union to a national credit union, shifting its operations from Oakbrook, IL, to its present home at Bank of America’s corporate campus in Douglasville, GA. It serves members of some of the largest corporations in the world, including General Electric, The Boeing Company, Kroger, Key Bank and Dow Chemical.

Now it has both community and select membership. Eleven years later, its field of membership expanded to include larger financial institutions.Ĭredit Union One continues to change as do its offerings and services. In 1988, Credit Union 1 of Belmont County merged with Credit Union of Cincinnati.Īlmost three years later, the newly formed credit union received a charter from the NCUA and became known as Credit Union One Federal of Ohio. It changed its name once again, this time becoming Credit Union 1. In 1947, the credit union was registered with the National Credit Union Administration under the name Blue Grass Employees Federal Credit Union. Over the course of 13 years, the credit union grew from 2,658 members to 47,543. Pitfalls of using First Tech Credit UnionĪ Brief History of First Tech Federal Credit Unionįirst Tech Federal Credit Union was originally created in 1934.Joining First Tech Federal Credit Union.A Brief History of First Tech Federal Credit Union.

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