Transfers Frequently Asked Questions

An ACH, or Automated Clearing House, is a system for electronically transferring funds between banks and credit unions. ACH transfers are commonly used for transactions like direct deposits and bill payments. Digital banking transfers are considered ACH transfers, and are account-to-account transfers where the member is owner on both accounts.

An ACH transaction goes through an Automatic Clearing House (ACH) and can take 3–5 business days to process. ACH transfers are commonly used for transactions like direct deposits and bill payments. There generally are no fees associated with ACH transfers, which you can set up in digital banking.

A wire transfer goes through a federal processing system and has variable timelines based on the request time and destination. First Tech processes domestic wires (wires originated and received within the U.S.) within 1–2 business days, while foreign wires (wires originated or received outside the U.S.) can take a minimum of 2 business days to process. Online wire requests originating before 12pm PT, and in-branch wire requests originating before 2:30pm PT, Monday–Friday, will be initiated on the same business day.

You can request that First Tech initiate a transfer between your external financial institution and your First Tech account(s)—you will need your external institution’s routing and account numbers to get started, and you must be the account owner at this external financial institution. You can make an ACH request during your account opening and funding process or in-person with a First Tech employee. Setting up an ACH Origination in First Tech Digital Banking is a self-serve option that requires further verification with PLAID or Micro. Returned ACH Originations may be subject to a fee, see Fee Schedule/Sheet for details.

You will need to provide the sender with the account number, the full name listed on the account and the address, in addition to the following information:

First Tech Federal Credit Union
5100 NE Dawson Creek Drive, Hillsboro, OR 97124
Routing #321180379

For questions concerning incoming foreign wires, visit a branch location near you or schedule an appointment with us, either virtual or in-person, and a First Tech employee will assist you.

First Tech posts all incoming wires by 4pm PT. The arrival time of wires sent to us depends on the external financial institution's process.

First Tech charges $15 for an outgoing domestic wire transfer and $40 for an outgoing foreign wire transfer. Incoming wires to a First Tech account do not incur any fee.

Note: Domestic wire transfer is defined as wires originating and being received between U.S. institutions. The receiving institution may charge an incoming wire fee. A foreign wire transfer is classified as a wire between institutions in different countries. Foreign wire transfers often must pass through a correspondent bank, which may charge additional fees to process the wire transfer. You are responsible for any foreign correspondent bank fees.