First Tech is more than just a bank.
Your financial partner for life.
Founded in 1952 by a few astute people at Hewlett-Packard and Tektronix, First Tech is the nation’s premier credit union serving the world’s leading technology-oriented companies and their employees. We offer a full range of customized products and services, as well as individual tools for financial wellness. We invest in our members with great rates and convenient digital, face-to-face and self-service banking solutions.
We also provide exclusive financial services for business and their employees through our partnerships with Select Employer Groups, such as HP Inc., Hewlett Packard Enterprise, Microsoft, Agilent, Intel, Cisco, Amazon, Nike, Intuit, Google and more.
Investing in you.
Led by a people-before-profit philosophy, we invest in our members, employees and communities every day. We're committed to offering you essential financial services and resources that help you achieve your financial dreams.
Unlike a traditional bank, First Tech is governed by a 100% volunteer Board of Directors comprised of First Tech members.
The Board of Directors governs the general direction and affairs of the credit union in accordance with our Bylaws. They also oversee the President and CEO who manage First Tech's day-to-day operations with the support of the Executive Team.
If you were unable to attend our Annual Meeting, you can watch and listen to the 2020 Annual Membership Meeting recording here.
Board of Directors
Chairman; Chair, Executive CommitteeDotty has served as the Chairman of the Board and chaired the Executive Committee since February of 2016. She joined the Board in 2002, and has chaired the Finance and Enterprise Risk Committees. Her 30-year career included executive finance roles at leading technology companies including Hewlett-Packard, Agilent Technologies and Intuit, where she was Vice President of Internal Audit at the time of her retirement.
Vice Chairman; Treasurer; Chair, Enterprise Risk CommitteeJeff serves as Vice Chairman and Treasurer, acts as Chair of the Enterprise Risk Committee, and serves on the Executive Committee. He joined the board in 2007. Jeff is a former Vice President, Corporate Controller and Chief Accounting Officer for Intuit, Inc. He has also worked as an Audit Partner for KPMG LLP and Arthur Andersen LLP.
Secretary; Chairman of Nominations and GovernanceCraig joined the board of directors in 1985 and has served on the Finance, Investment, Nominating, Marketing and Human Resource Committees. He currently chairs the Nominating and Governance Committee, serves as First Tech’s Secretary, and is a member of the Executive Committee.
DirectorRajeev Agarwal joined the board in 2021. As the founder and Chief Executive Officer of MAQ Software, Rajeev leads corporate initiatives to grow the company. Under his leadership, the company has demonstrated sustained organic growth over the last 20 years.
DirectorShola has served on the board since 2008, and serves on the Compensation and Benefits Committee as well as the Nominating and Governance Committee. He is the Senior Director, Platform Strategy and Innovation for Visa with deep expertise in product management and strategy. His prior roles include Director of Product Management for Dell in Austin, Texas, and senior product management and e‐commerce roles at Microsoft and Amazon.
DirectorMargaret Arakawa joined the board in 2016, and serves on the Compensation and Benefits Committee. She is the Chief Marketing Officer at Outreach, the number one sales engagement platform, responsible for driving strategy and business execution while overseeing all aspects of marketing including brand, communications, demand generation and product marketing.
DirectorTony serves on the Executive Committee, Enterprise Risk Committee, and the Compensation and Benefits Committee, and has served on the board since 2004. Tony retired from Microsoft in 2014 after serving as a Director in the Microsoft Law & Corporate Affairs Group. Prior to joining Microsoft, Tony served as CEO of Seattle Telco Credit Union.
DirectorKathy joined the board in 2000 and has served on the Compensation and Benefits and Nominating Committees. Currently she is the VP of Global Benefits for Levi Strauss & Co. Kathy has led HR transformation teams across a number of major US companies, including Transamerica, Wells Fargo and Hewlett-Packard gaining substantial experience in human resource, compensation, and benefit issues. In addition to her expertise in these areas, she is considered to be a leader in the field of Change Management and has a significant background in corporate communications, advertising and public relations.
Director; Chair, Supervisory CommitteeTom joined the board in 1987 after several years on the Supervisory Committee. He currently serves on the Enterprise Risk Committee and chairs the Supervisory Committee.
Director; Chair, Compensation and Benefits CommitteeGreg joined the board in 2007 and currently chairs the Compensation & Benefits Committee. He is the Vice President of Total Rewards for Citrix. Previously, Greg was the Corporate Vice President with Compensation & Benefits at Advanced Micro Devices and prior to AMD, he spent 12 years with Hewlett‐Packard in a variety of senior leadership positions including Vice President of Global Operations for HP’s $1.5B Technology Consulting business and Vice President of Human Resources for the HP Technology Services Sales & Consulting organization. Greg is currently Vice President of Human Resources with responsibility for all company Total Rewards at Citrix.
DirectorTodd is a long-time member of First Tech and an information technology executive with over 30 years of experience in leading IT transformations and managing IT functions within large and mid-sized enterprises. Todd is a recognized leader in cyber security and physical security. Most recently he held the position of SVP & CIO of Veritas Technologies. Previous CIO positions have been at CRC Health Group (acquired by Acadia), Advantest, and Verigy.
DirectorPeter has been a member of First Tech for 20 years. He joined the board of directors in 2006 and serves on the Board’s Compensation and Benefits Committee. He is currently CoFounder and CEO at Lockstep Network.
DirectorChristi Muoneke joined the board in 2021. She brings nearly three decades of experience in leadership and senior level roles within the Seattle technology ecosystem. She currently runs ZephyrCG, a legal tech provider of virtual general counsel and IPO-readiness services to technology startups.
President and Chief Executive OfficerGreg has more than 30 years of community banking and financial institution experience and is deeply committed to serving our members and the community.
Marangal (Marito) Domingo
Chief Credit Officer & Chief Financial OfficerMarito is a finance industry veteran with more than 20 years of finance, investment and capital markets experience. Before joining First Tech, Marito served as the Executive Vice President, Chief Financial Officer and Treasurer of Irvine, California based First PacTrust Bancorp and PacTrust Bank.
Chief Digital & Technology OfficerMike is a finance industry veteran with a longstanding history of delivering innovative digital solutions to both the online and mobile banking worlds.
Chief People and Administrative OfficerMonique is the Chief People and Administrative Officer for First Tech Federal Credit Union with responsibility for the Human Resources, Learning and Organizational Development, Corporate Communications and Business Planning, Community Investments and Workplace Services activities in the organization.
General CounselPhil is immensely proud to be part of such a progressive credit union, bringing over 30 years of experience to First Tech and working with financial institutions in both legal advisory and regulatory roles.
Addison Avenue Investment Services President and Investment Executive, RJFS
CEO of First Tech Insurance Services
Chief Retail & Marketing OfficerSteve has extensive experience in the financial services industry, leading contact center, retail, operations and marketing and mortgage functions.
As a member-owned institution, we take the management of your money very seriously. That's why we believe it's important for you to know how your credit union is performing.
Our federal regulator, the National Credit Union Administration (NCUA), has rated First Tech among the safest credit unions in the country, and under NCUA regulations, we're considered a well-capitalized institution. Plus, we regularly have an outside firm audit our financials to ensure accuracy and accountability.
For your information, we've provided our financial statements below. For more in-depth information, we invite you to visit the NCUA's Credit Union Online tool. Just search for "First Technology" or put in our charter number: 19976.