First Tech Credit Union Offers Rate Reductions for Buying Green Cars

BEAVERTON, Ore.--(BUSINESS WIRE)--First Tech Credit Union has partnered with the U.S. Environmental Protection Agency’s (EPA) SmartWay™ program to offer members a .25 percent annual percentage rate (APR) reduction when financing a green car. There are more than 1,500 emission- and fuel-friendly cars, including hybrid and hydrogen vehicles, on the SmartWay program list. First Tech’s discount is good on all SmartWay certified cars with a maximum of 100,000 miles.

“We created our green auto program to save our members some ‘green’ as a bonus for choosing an environmentally-friendly vehicle”

Before heading to the dealership, members can pre-qualify for the .25 percent APR discount by applying for a First Tech green auto loan at any one of the credit union’s 17 branches throughout Oregon and Washington. Members can also work directly with their local Credit Union Direct Lending (CUDL) dealership or Autoland representative and request First Tech financing and receive the same discount as in-branch.

“We created our green auto program to save our members some ‘green’ as a bonus for choosing an environmentally-friendly vehicle,” said Deborah Colby, First Tech’s VP of marketing. “And with the additional tax incentives offered by the federal government, purchasing a green car or hybrid vehicle is a really smart financial decision.”

Members can check First Tech’s competitive rates online at www.firsttechcu.com or visit their local branch for the latest rate information.

About First Tech Credit Union

Established in 1952, First Tech Credit Union is a $2.2 billion institution committed to the financial well being of its 165,000 members. First Tech operates a 17-branch network in Oregon and Washington with access to over 25,000 ATMs worldwide through the CO-OP Network. Over the years, First Tech has been recognized as an industry leader setting high standards for innovative financial services delivery. For more information, visit www.firsttechcu.com.