Addison Avenue Investment Services, the investment arm of First Tech Federal Credit Union, represents a significant chapter in the history of financial services for the technology community. Born from the roots of Silicon Valley, this partnership has evolved to provide comprehensive wealth management and investment solutions tailored to the addison avenue first tech unique needs of tech professionals and beyond.
A Foundation in Tech:
The story of Addison Avenue is intrinsically linked to the pioneering spirit of Silicon Valley. Originally known as the Hewlett-Packard Credit Union, Addison Avenue Federal Credit Union served the employees of HP and other prominent technology companies. This deep-seated connection to the tech industry fostered an understanding of the financial aspirations and challenges faced by those in innovative fields.
Meanwhile, First Tech Federal Credit Union, founded in 1952, also built its legacy by serving employees of leading technology companies, including Tektronix and later, a broad spectrum of tech giants like Microsoft, Intel, Amazon, and Google.
The Merger: A Synergistic Union:
In 2010, Addison Avenue Federal Credit Union and First Tech Federal Credit Union merged, a strategic move that created one of the largest credit unions in the nation and solidified their position as a dominant financial partner for the technology sector. This merger brought together two organizations with shared values and a commitment to member-centric service, leveraging their combined strengths to offer a broader range of products and services.
While the credit union operates under the "First Tech Federal Credit Union" name, the investment services division proudly retains the "Addison Avenue Investment Services" brand, paying homage to its origins and continuing to embody the spirit of its Silicon Valley heritage.
Comprehensive Investment Solutions:
Today, Addison Avenue Investment Services offers a robust suite of investment solutions designed to help members achieve their financial goals at every life stage. These services include:
Personalized Financial Planning: Understanding that there's no one-size-fits-all approach, Addison Avenue's experienced financial advisors work closely with members to develop tailored financial plans, considering individual hopes, dreams, and even fears. They leverage market research from reputable firms like Raymond James and Morningstar to build diversified portfolios.
Retirement Planning: With expertise in navigating complex compensation structures common in the tech industry, such as restricted stock units, deferred compensation, and employee stock purchase programs, Addison Avenue advisors guide members through maximizing their long-term retirement options.
Estate Planning and Wealth Management: Beyond retirement, they assist with comprehensive financial planning, life insurance reviews, minimizing tax liability, and navigating financial transitions.
Accessible Investing: Recognizing that investing can seem intimidating, Addison Avenue strives to make it attainable for all, offering educational resources and strategies to help members grow their money steadily.
A Commitment to Members:
Addison Avenue Investment Services, as part of First Tech Federal Credit Union, operates under a "people-before-profit" philosophy. As a credit union, it is member-owned and governed by a volunteer Board of Directors, ensuring that decisions are made with the best interests of its members at heart. This ethos translates into a strong focus on providing value, competitive rates, and convenient digital and in-person banking and investment solutions.
Looking Ahead:
With a recent appointment of Stephen Poole as SVP of Addison Avenue Investment Services in July 2025, First Tech Federal Credit Union continues to invest in strong leadership to drive its investment program forward. This move underscores the ongoing commitment to providing exceptional service and expertise to its growing base of members, solidifying Addison Avenue's position as a trusted partner in financial planning and wealth management within the dynamic technology landscape and beyond.
