Bank / Credit Union

Members approve Digital Federal Credit Union, First Tech Federal Credit Union merger

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December 19, 2025

First Tech Federal Credit Union members have approved the merger with Digital Federal Credit Union. The two entities will combine on Jan. 1, 2026 under the First Tech Federal Credit Union name, according to a press release.

These two credit unions will have nearly two million members, $28.7 billion in assets and more than 50 branches in eight states. With this merger, the organizations aim to provide better access to banking services and improved digital services to its members.

"This merger of equals is more than a milestone — it's a launchpad," Shruti Miyashiro, president and CEO of the new credit union, said in the release. "By joining forces, we're purposefully building something different: a financial partner that designs experiences that are as forward-thinking as the members and communities we serve. The foundation of our future success was laid by Greg, whom I want to thank for his leadership and impact on First Tech and on the credit union industry. Greg's leadership has shown what it means to lead with integrity and serve with heart. Thank you for establishing a legacy that I'm deeply honored to build upon."

"Today, we begin to realize our shared vision of boundless possibilities in service to more than two million current (and eight million prospective) members serving America's technology sectors," Greg Mitchell, current president and CEO of First Tech, said in the release. "We share roots with thousands of innovators, dreamers, and doers who seek to build brighter futures for all. We are grateful to the thousands of First Tech employees and members who voted in our election, and I am personally excited to welcome Shruti Miyashiro as my successor effective January 1, 2026. This next step in our journey will deliver great benefits for current and future members, employees and the communities where we live and work. The best is yet to come!"