Press Releases

First-Ever Credit Card Supporting Startups To Roll Out at Silicon Slopes Summit

America First Credit Union credit card allows customers to support startup tech companies

SALT LAKE CITY – October 12, 2021 – America First Credit Union is offering a groundbreaking approach to empowering entrepreneurs. Members are now able to support startup local technology companies and innovators with the Silicon Slopes Visa® credit card, which will be rolled out at the upcoming Silicon Slopes Summit Oct. 13 and 14 in Salt Lake City.

“The first-of-its-kind credit card is a unique way for members to contribute to the local community,” said Thayne Shaffer, president and CEO of America First Credit Union. “With the Silicon Slopes Startup Alliance Fund, we hope to empower entrepreneurs in the tech and startup communities here in Utah. We’re excited to be able to help this growing and thriving community right here in our backyard.”

In addition to giving cash back to its customers for purchases, the credit card also helps members contribute to Utah’s startup and tech community. Users get a 1% cash back on every purchase, and America First will contribute an additional 0.5% of each purchase to the Silicon Slopes Startup Alliance Fund. In addition, 100% of the credit card’s $50 annual fee will be contributed to the fund, helping expand tech opportunities across the state of Utah.

Each of these contributions provide funding to the entire local tech community with cash back to the consumers and contributions to the startup community. Funds contributed to the Silicon Slopes Startup Alliance Fund will be distributed annually and will enable entrepreneurs to pursue their innovative goals. Interested entrepreneurs will have the opportunity to pitch their business idea to a panel of Silicon Slopes and America First Credit Union judges to be awarded from the fund. Details about the distribution of the fund will be announced down the line.

Benefits offered by the Silicon Slopes Visa® credit card include:

  • Card Guard® mobile security
  • Identity theft recovery services
  • EMV chip technology
  • Travel and accident insurance
  • Global acceptance

Silicon Slopes Summit attendees can learn more about the card by visiting America First Credit Union’s booth and can enter to win two $500 gift cards.

Find more information or sign up for this unique credit card here.

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ABOUT AMERICA FIRST CREDIT UNION

Proudly celebrating 82 years of servicing members and a long-standing history, America First Credit Union has become one of the largest, most stable and most progressive credit unions in the country, and has remained a member-owned, not-for-profit cooperative financial institution. Today, America First has 120 locations, and is the eighth largest credit union in assets in the United States with over $16 billion, and the fifth largest credit union in membership in America with more than 1.2 million members.

MEDIA CONTACTS:

Nicole Cypers
America First Credit Union
801.827.8655
ncypers@americafirst.com

Kelsey Richardson
R&R Partners
801.913.9454
kelsey.richardson@rrpartners.com

Dave Stuart

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