Being a First Tech member comes with more than just great rates on your Student Loans. We offer many other products to help get your financial life on track. And the more you have with us the more you’ll save! Our 2015 market research shows that members with one First Tech product saved an average of $13 a year while members with four to ten products saved and average of nearly $507 a year.
With that in mind, we also have offers exclusive to members who refinance their Student Loans with First Tech.
If you’re interested in any of the offers below, please let us know on your application or when you speak to one of our Student Loan Specialists.
- Receive 0.25% off our standard Auto Loan ratesAuto Loan Discount - Not combined with any other offers, any car that gets refinanced or new loan. Does not apply to indirect vehicles.
- Receive $100 when you open up a new Dividend Rewards Checking account$100 Dividend Rewards Checking - To qualify for the $100 bonus, you must open a Dividend Rewards Checking account online at any First Tech branch or by phone at 855.855.8805. Your first direct deposit must be received in your Dividend Rewards Checking within 60 days of your new Dividend Rewards Checking account opening. We will deposit the bonus into your Membership Share Account within 30 days after your direct deposit. Dividend Rewards Checking minimum opening balance $0.01. As of 04.01.17, the Annual Percentage Yield (APY) is 1.58% on balances between $.01 and $10,000 and 0.16% APY on balances over $10,000 for each calendar month if the minimum qualification are met. Rates are subject to change after the account is open. Qualifications per monthly cycle are 12 debit card purchases, 1 direct deposit or ACH withdrawal, and receipt of electronic statements. Qualifying transactions must post to your account prior to the last day of the month. Debit card purchases can take up to 3 days to post and are dependent on merchant processing times. If the requirements per qualification period are not met, the dividend rate and corresponding APY earned will be the non-qualified rate. If you do not meet the dividend rewards account qualification requirements you will still receive the bonus. If the Student Loan does not fund, you will not receive the $100 bonus. The bonus is considered interest and will be reported on IRS form 1099-INT. Account is subject to approval and membership qualifications. Membership Savings Account required prior to obtaining other products or services. Rates, terms and conditions subject to change at any time.
- 10,000 bonus reward points with a new First Tech Credit Card10,000 Bonus Reward Points - Rewards Points will be awarded on the second statement following account opening. Returned purchases, balance transfers, finance charges, fees, cash advances, purchases of cash or cash equivalents (prepaid debit cards or other stored value/reloadable cards), interest charges, gambling chips, lottery tickets, travelers' checks, insurance charges or unauthorized charges are not eligible for Rewards Points. First Tech does not have the ability to control how a retailer chooses to classify their business and therefore reserves the right to determine which purchases qualify for Rewards Points.
No application or origination fees
No-cost, no-obligation consultation
- Select loan type to apply:
*APR=Annual Percentage Rate. Actual rate will be determined based on the applicant's credit history, and final loan terms. Offer is subject to normal credit qualifications, meeting First Tech Federal Credit Union's relationship requirements and underwriting policy guidelines. Interest rate and program terms are subject to change without notice. Additional restrictions may apply.
**15-Year Fixed Loan Term Rate selected for comparison purposes only, your current rate may be higher or lower.
a. Not all existing student loans will qualify for refinance under our program; eligibility depends on the school of graduation and the degree .The school must be Title IV eligible, non-profit and offer Bachelors, Masters and/or Doctorate degrees. Title IV refers to the Higher Education Act. A Title IV school is an institution that processes U.S. federal student aid.
b. Membership with the Credit Union is required to obtain a loan.
c. A balloon loan is a loan that requires a larger-than-usual one-time payment at the end of the loan term. This can mean your payments are lower in the years before the balloon payment comes due but you will owe a larger amount at the end of the loan.
d. An interest only loan will have lower payments during the interest only term and will result in a higher payment during the payback period when principal and interest is included in the monthly payment.
e. Choosing the balloon loan or interest only loan will result in additional interest over the life of the loan when compared to the fixed loan.
f. For your reference, here is a copy of the Federal Benefits Disclosure
g. For your reference, here is a copy of the Student Loan Credit Agreement