Bank / Credit Union

Digital Federal Credit Union gets approval to merge with First Tech Federal Credit Union

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October 8, 2025

TheDigital Federal Credit Union, based in California, has received regulatory approval from The National Credit Union Administration to merge with First Tech Federal Credit Union. The combined credit union will next need to adopt DCU's credit union charter, according to a press release.

To adopt this charter, a vote will be held for members from October to December by a third party vendor. They will complete the legal merger on Jan. 1, 2026, with plans to operate under separate names until full integration, at which point they will use the First Tech Federal Credit Union name.

"We're thrilled to surpass this history-making milestone and continue our journey of becoming one. This approval from the NCUA is a transformative moment, not just for First Tech and DCU, but for the entire credit union community," Greg Mitchell, president and CEO of First Tech Federal Credit Union, said in the release. "Together, we're uniting two strong technology-focused institutions to shape the future of financial services to better serve our members, employees and communities for generations to come."

The combined credit union will have $28 billion in assets with almost two million members and more than 50 branches across eight states.