Merger of Digital Federal Credit Union and First Tech Federal Credit Union Overwhelmingly Approved by First Tech Members

Shruti Miyashiro

The membership of First Tech Federal Credit Union (First Tech) officially approved the previously announced merger with Digital Federal Credit Union (DCU). The organizations will legally combine on January 1, 2026, with First Tech and DCU expected to operate as independent divisions in 2026 under the First Tech Federal Credit Union name. The combined organization will hold $28.7 billion in assets, serve nearly two million members located across America, and operate more than 50 branches across eight states.

This merger creates a nationwide financial cooperative that blends the strengths of two industry leaders, delivering expanded access, enhanced digital capabilities, and a member-first approach. President and CEO of DCU, Shruti Miyashiro, will lead the newly formed First Tech Federal Credit Union.

"This merger of equals is more than a milestone—it's a launchpad," said Shruti Miyashiro, incoming President and CEO of the new credit union. "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," said Greg Mitchell, current President and CEO of First Tech. "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!"
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More information about the merger may be found at DCU.org and Firsttechfed.com.

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