• Pressroom

    Welcome to our Pressroom. You'll find media resources and the latest updates on what's happening. 

    Press Releases

  • Tech CU’s Franca Cozzitorto Wins Silicon Valley Business Journal Women of Influence Award  Company also wins CUNA Diamond, AVA Digital and Second Harvest Food Bank Awards  San Jose – April 23, 2019 — Tech CU (Technology Credit Union) announced today

    Tech CU Claims no. 1 spot in California, Grows Membership 16.2 Percent  

    San Jose – March 20, 2019 — Tech CU (Technology Credit Union) announced today it was named the third best-performing credit union among 552 credit unions in the U.S. by S&P Global Market Intelligence, a leader in multi-asset class research data and insight. This is the second year in a row the credit union received this ranking and Tech CU is the only one of the top 3 from last year to make the top 3 list this year. The credit union also maintained its no. 1 ranking in California. The report ranks the nation's credit unions using five core financial performance metrics: member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans and delinquent loans as a percentage of total loans. 

    Becomes 1 of 3 People in the City of San Jose and 1 of 119 people in the State of California to receive this designation

    SAN JOSE, Calif., Feb. 26, 2019 (GLOBE NEWSWIRE) -- Tech CU (Technology Credit Union) announced today that Debbie Krumwiede, a senior financial advisor at Tech CU, became one of three people in the city of San Jose to earn the special designation of Certified Retirement Counselor. She is also one of only 119 people in the State of California to receive the designation. 

     Agreement Designed to Enhance Members’ Lifestyles Beyond Financial Services

    San Jose, Calif– November 15, 2018 – Tech CU (Technology Credit Union), a full service credit union offering services to residents throughout Silicon Valley has entered into a strategic partnership with Revel Wine.  This mutually beneficial partnership allows Tech CU to offer an additional member benefit beyond its full suite of financial services and provides Revel Wine with access to the loyal and diverse membership base of Tech CU.   


    CUNA Awards Celebrate Tech CU’s Efforts to Teach Financial Education and Contribute to the Community

    San Jose, Calif– October XX, 2018 – Tech CU (Technology Credit Union) today announced that it has won a Golden Bridge Award for its Card Manager product and received honorable mentions from the CUNA Desjardins Adult Financial Education award for its adult financial education initiatives and the Dora Maxwell Social Responsibility Community Service award for its charity work in the Bay Area community.  

    San Jose –September 12, 2018 — Tech CU (Technology Credit Union) today announced that it is providing a $20.5 million construction loan to Cypress Group. This loan will fund the development of a four-story, 55-unit luxury apartment building with a one-story parking garage. Located at 1785 Almaden Road in San Jose. The new, planned apartments are near award-winning schools, downtown Willow Glen and highways 87, 280 and 85.

     Honors People Who Make Extraordinary Contributions to the Credit Union Movement. 

    San Jose –August 13, 2018 — Tech CU (Technology Credit Union) announced today that CEO Todd Harris, and Chairman of the Board Mical Atz Brenzel, were named Credit Union Rock Stars by Credit Union Magazine. The award recognizes innovative and unique credit union professionals and volunteers who excel in their areas of expertise — distinguishing themselves through their dedication, ingenuity, performance, excellence, and contributions to their organization and the industry. The Rock Star list honors approximately 50 top credit union professionals and volunteers from around the country each year.

    Also Named Best Niche Sector Credit Union in the U.S.

    San Jose –July 10, 2018 — Tech CU (Technology Credit Union) announced today that for the second year in a row, it was selected as a Top 100 Bay Area Corporate Philanthropist by the San Francisco Business Times. The credit union was also named the best niche sector credit union in the US by the International Finance Awards. Lastly, its CEO, Todd Harris was honored with a gold CEO achievement award. 

    San Jose – June 6, 2018 — Tech CU (Technology Credit Union) announced today that Guy Hadnot has joined the company as its new senior vice president of marketing, where he will be responsible for the strategic direction of branding, marketing communications and member engagement.  

    SAN JOSE, Calif., May 29, 2018 (GLOBE NEWSWIRE) -- Tech CU (Technology Credit Union) announced today that it is providing a $5.36 million construction loan to Panoramic Interests. This loan will fund the development of a four-story, modular designed, 22-unit studio apartment building to be located at 2711 Shattuck Ave in Berkeley, California. 

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    In The News

  • Government worker-focused United States Senate FCU rode a surge of deposits to the No. 1 position in S&P Global Market Intelligence's 2018 ranking of the 50 top-performing U.S. credit unions.

    Happy Money Announces Three Strategic Credit Union Alliances Alliant Credit Union, First Tech Federal Credit Union and Technology Credit Union With $24B in Deposits Join Happy Money Movement to Help People Pay Off Credit Cards.

    A Deposit Strategy 5 Years In The Making Technology Credit Union has repositioned its balance sheet to prepare for today’s rate environment. By Erik Payne CreditUnions.com, July 30, 2018  Top Level Takeaways

    The enactment of the Tax Cuts and Jobs Act (TCJA) represents “the most sweeping overhaul of the U.S. tax code in more than 30 years.

    How to Improve Your Chances of Getting Approved for a Personal Loan By Ashley Sweren, LendingTree, January 8, 2018 Personal loans can be a useful tool when cash is tight, helping to bridge gaps between your savings and your spending needs. They can also help you build credit and pay down debts faster if you’re able to qualify for a loan with a lower interest rate. Before you begin applying for personal loans, make sure you know how to get the best possible rate and how to improve your chances of getting approved for a loan.

    A New Type Of Credit Card Control By Erik Payne, CreditUnions.com, January 8, 2017  Nearly 60 years ago, employees of Fairchild Semiconductor — the company that created the first commercially viable computer chip, which, in-turn, spawned the semiconductor boom that gave Silicon Valley its name — came together to create Technology Credit Union ($2.4B, San Jose, CA).

    Commercial Solar Lending Big Opportunity By Ray Birch, CU Today, December 17, 2017  SAN JOSE, Calif.—One credit union that is spending more time in the sun with solar lending believes many more credit unions will be offering similar

    Banking isn't what it used to be. For many people, it isn't a novelty to take a photo of a check and send it directly to your checking account – or to check your balance on a phone or a computer or transfer money from one financial institution to another. For some time now, consumers have been able to bank without ever meeting or talking to a human being. But banking is on its way to being even more futuristic, many experts say, although in some ways, banking will also soon harken back to the past. 

    Tech CU sees bright future in solar lending With its residential solar loans program going strong, $2.4 billion Technology Credit Union, San Jose, Calif., is branching out with a solar financing program for its commercial, non profit and government members.

    Conversational banking — the ability to chat with a non-human (like Siri or Amazon’s Alexa) about your finances — will become increasingly common. Should consumers engage with conversational banking? What are the pros and cons? 

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