FOR IMMEDIATE RELEASE
Tech CU Honored as One of Silicon Valley’s Most Philanthropic Companies
Silicon Valley Business Journal recognizes the top 50 corporations giving back.
San Jose, Calif. (October 22, 2015) —Tech CU (Technology Credit Union) is honored to have been named by the Silicon Valley Business Journal as one of the most philanthropic companies in the region. The credit union will be feted among the top 50 corporate givers at the Journal’s Corporate Philanthropy Awards, held on November 5.
“We’re extremely proud to be recognized among so many iconic brands — companies that are known for being some of the most community-minded in the Valley,” said Janikke Klem, Tech CU’s VP of Community and Government Relations. “We may not be as large as many of the organizations on the list, but Tech CU, its employees and its members always give big with their hearts, time and money . . . and that makes all the difference.”
In 2014, Tech CU donated more than $100,000 in cash and performed 350 volunteer hours — this is in addition to the more than $1.2 million the credit union has invested in Bay Area communities since 2007.
The credit union’s community partners include organizations that support STEM education (science, technology, engineering and math), workforce development, financial literacy, affordable housing, and health and wellness. These include the Silicon Valley Leadership Group, Housing Trust Silicon Valley, Family Giving Tree and San Jose State University, to name a few.
Most recently, Tech CU held a very successful Community Grant Challenge to celebrate the opening of its newest branch in San Francisco. Three nonprofits received cash grants from the credit union based on voting by the community. GLIDE Foundation was the top vote getter, receiving $10,000, with New Door Ventures receiving $3,000 and Full Circle Fund receiving $2,000.
For more information on Tech CU’s community support, go to: www.techcu.com/community.
ABOUT TECHNOLOGY CREDIT UNION
Tech CU is a $2 billion credit union serving more than 70,000 members throughout the San Francisco Bay Area— including employees of such companies as Tesla, eBay, Applied Materials, Nvidia and Facebook. A federally insured, not-for-profit organization, we put the financial interests of our members ahead of shareholder profit by helping members achieve their financial goals on their terms and sharing the benefits of our growth. Founded in 1960 by a group of forward-thinking employees at Fairchild Semiconductor, today we continue to be an industry leader, providing innovative financial products for all stages of our members’ lives, including personal banking, wealth management, private banking, commercial lending and business banking. Tech CU consistently achieves a customer satisfaction rating above 95 percent and maintains a 5-star rating from Bauer Financial, the nation’s largest independent rating service for financial institutions. And, with mobile and online banking, 65,000+ surcharge-free ATMs worldwide (more than Chase, Bank of America and Wells Fargo combined) and convenient branch access to our financial experts, Tech CU makes 24/7 banking easy and empowering.
© 2015 Technology Credit Union. All rights reserved. Federally insured by NCUA. Equal housing lender.