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Technology Credit Union Donates Over $17K to Hurricane Relief Effort

San Jose, CA, (Sept. 20, 2005)—More than three weeks after Katrina slammed into the Golf Coast, relief efforts are still under way in what the American Red Cross has called the most costly hurricane relief effort in its history. As Technology Credit Union (Tech CU) announced previously, the organization and its employees are contributing to the recovery efforts by (i) providing its members with free domestic wire transfers to the affected areas, (ii) matching all employee donations to major charities linked to the disaster relief and (iii) dispatching Tech CU volunteers to the local chapter of the American Red Cross to provide administrative support and to help expedite the local response.

In the three weeks following the disaster, Tech CU's employees donated over $8,500 to the Red Cross and other large non-profit organizations assisting with the relief efforts. Tech CU matched these employee donations, which brought the total donation amount to $17,421.

Twelve Tech CU employees volunteered at the local Santa Clara Valley Chapter of the Red Cross to provide continuous help with data entry and management of the front desk during the week of September 12. All of the Tech CU volunteers described their experience as uplifting and gratifying. One admitted: "It touched my heart when I took in donations from three separate families who brought their kids in to give the money they raised from lemonade and bake sales."

Several other employees gave time to the Red Cross at different locations, volunteered at other charities, traveled to shelters at the site of the natural disaster, or donated their vacation days. Tech CU is proud of its employees and their willingness to help those in need with their generous donations of time and money.

Tech CU Employee Volunteers
Monique Scott, Tech CU Contact Center Specialist, helps local Red Cross with data entry

About Technology Credit Union
Technology Credit Union is a member-owned, full-service financial provider that is dedicated to meeting the financial needs of technology professionals and their families, as well as individuals who work, live, go to school, or regularly worship in Santa Clara, Alameda, Contra Costa, Santa Cruz, San Mateo, and San Francisco counties. Tech CU began in 1960 and is now among the top 1% of the nation’s largest credit unions. With more than $1 billion in assets and seven full-service branches in the Silicon Valley, Tech CU is a leader in the credit union industry.

Contact:
Ivy Widman
Field Marketing Coordinator
Phone: 408-441-4757
Fax: 408-453-0741