Newsroom - Tech CU
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  • Pressroom

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

    Press Releases

  • San Jose, Calif. – June 14, 2016 – Tech CU (Technology Credit Union) today announced it won three awards from the Marketing Association for Credit Unions (MAC), an organization that recognizes outstanding credit union marketing achievements. The company won silver for its website redesign, bronze for its integrated advertising campaign and bronze for its branch redesign and digital signage in the Point of Sale/Retail Merchandising Category.


    San Jose, Calif. – May 31, 2016 – Tech CU (Technology Credit Union) today announced three promotions within its executive ranks. As of May 13, 2016, Jeannine Jacobsen was promoted to EVP and COO with IT, Corporate Services and Project Management, Support Services, Human Resources and ERM reporting in to her. Richard Hanz, formerly the SVP of Treasury and Strategic Planning, became CFO, responsible for the company’s Finance organization. Finally, Dean Davis was promoted to SVP, heading up all of IT. Both Hanz and Davis will also join Tech CU’s Managing Committee.


    San Jose, Calif. – May 24, 2016 – Tech CU (Technology Credit Union) today announced that it has added Family Banking to its suite of products. Designed to simplify financial transactions between family members, the new Family Banking product allows both a parent and child to link their accounts, transfer money, track balances and monitor transactions — all at no charge. Given the importance of developing long-term financial skills, Family Banking is a tool for parents to teach their children about money.


    San Jose, Calif. – April 12, 2016 – Tech CU (Technology Credit Union) today announced its win of a both a CUNA Diamond Award (where it was named a “Category’s Best”) and a Platinum Hermes Creative Award in the Point of Sale and Retail Merchandising category. The company also received an honorable mention from Hermes for its comprehensive advertising campaign.


    San Jose, Calif. – March 17, 2016 – Tech CU (Technology Credit Union) today announced that the credit union has funded its largest Small Business Administration (SBA) 504 loan to date. At $22.4 million dollars, the loan provided financing to assist a commercial tenant’s purchase of a 112,000 square-foot, multi-tenant office building located in Burlingame, California.


    San Jose, Calif. – March 17, 2016 – Tech CU (Technology Credit Union) today announced that CEO Barbara Kamm was honored as a Power Executive by the San Francisco Business Times, while Vice President Janikke Klem and Senior Vice President Kate Duggan were named among Silicon Valley’s Women of Influence by the Silicon Valley Business Journal.


    San Jose, Calif. – March 9, 2016 – Tech CU (Technology Credit Union) today announced the launch of its newly redesigned website. The new website provides a fresh look and feel along with a more intuitive and streamlined navigation, enhanced content, and the tools and resources to help members make informed financial decisions.


    San Jose, Calif. – March 2, 2016 – Tech CU (Technology Credit Union) today announced it has won a silver Silicon Valley Addy award for its integrated “Bank Happily Ever After” advertising campaign and a bronze award for its radio advertising. The American Advertising Federation’s ADDY Awards is the advertising industry's largest and most representative competition. The first phase in a three-tier, national competition, these local wins recognize Tech CU’s radio advertising and overall integrated advertising campaign as some of the very best in its market.


    San Jose, Calif. – February 25, 2016 – Tech CU (Technology Credit Union) announced today that it has been inducted into the San Jose Silicon Valley Chamber of Commerce Hall of Fame. The award, which recognizes local businesses who have operated in the Silicon Valley region for more than 50 years, honors longtime and significant contributions to the economy and community.


    San Jose, Calif. – February 2, 2015 – Tech CU (Technology Credit Union) today announced that Barbara Kamm, the company’s President and Chief Executive Officer, will retire in May 2016. The Board has appointed Todd Harris, who currently serves as the company’s Chief Financial Officer and Chief Administrative Officer, as President and CEO, effective Monday, May 16, 2016. Kamm will remain on the Board of Directors and continue to be active in the local business community.


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    In The News

  • The oil industry isn't the only one with a boom-and-bust cycle: just ask some of the high-profile technology companies —and the credit unions that serve them. Layoffs have become a routine part of life in Silicon Valley and other part of the Pacific Northwest that are home to such high-flying tech-based companies as Intel, Microsoft and Yahoo, among others. Read more (PDF).


    When your members spend their days coding at Intel or developing the next big mobile app at a startup, your tech-based offerings have to be top notch. That's why credit unions based in and around Silicon Valley have to be on top of the best technology has to offer. Indeed, two such credit unions even have "technology" in their names: First Technology in Mountain View, Calif., and Technology CU in San Jose, Calif. Read more.


    Can one “grow time”? Certainly it is a limited commodity, but perhaps through better management, you can increase productivity. Barbara Kamm, CEO of Tech CU, shares her strategy for getting the most out of each day — which includes prioritization and setting boundaries — while ensuring company growth.


    Op Ed Barbara Kamm, President & CEO, Tech CU Next Generation Banking How Disruption and Stability Can Co Exist Millennials — approximately 84 million strong — are the largest cohort in American history. Within 10 years,


    Tech CU was recently featured in Vineyard and Winery Management magazine as an SBA Preferred Lender and resource for wineries looking for financing. Read how, in 2014, Tech CU completed a $1.4 million SBA-guaranteed commercial loan for California winery Sera Fina Cellars (Amador County), for the purchase of vineyards, a winery and tasting room. Read more.


    The topic of women in leadership often comes up when I do interviews. It’s an ongoing conversation that I hope, one day, will not be among the things I get asked about. Why? When that day comes, it means we’ve reached parity and don’t feel the need to address leadership diversity as an issue. Unfortunately, that day has not yet arrived


    Read the guest commentary: "State could ease workforce pipeline program with new bill" published in the Silicon Valley Business Journal Help Wanted Immediately! California employers seeking highly skilled workers with competency and training in technology, public service, public safety, healthcare and more. Bachelor’s degree required. Willing to pay top dollar for talent. Thousands of positions available — call now.


    There is no question that STEM (science, technology, engineering, math) jobs are critical to a healthy, innovation-based economy. Many of us tend to assume that STEM careers require a bachelor’s degree or higher — especially in areas such as engineering and material science.


  • We have a 5-star rating from Bauer Financial, the nation’s largest independent rating service for financial institutions.

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