San Jose, CA (August 23, 2007)—Technology Credit Union (Tech CU) is pleased to announce the opening on Monday, August 20th of its newest full-service Financial Center in the East Bay located in Newark at 34887 Newark Boulevard.
Tech CU has three East Bay financial centers which are located in Dublin, Fremont and now Newark, and its membership is open to anyone living, working, going to school or worshipping in Santa Clara, Alameda, Contra Costa, Santa Cruz, San Mateo and San Francisco counties. Its other 7 locations are located in San Jose (2 offices), Sunnyvale, Cupertino, Mountain View, Milpitas and Santa Clara. A third location in San Jose is planned to open by year-end.
To celebrate the opening, Tech CU is currently offering an exclusive Certificate rate special that is available exclusively at the Newark location—6.00% APY for 6 months, requiring only $1,000 to open. Also on opening day, members who opened a new account or made a transaction received a $5 Jamba Juice card.
“A large segment of our membership works in Silicon Valley but lives in the East Bay,” said Kenneth Burns, President and CEO of Tech CU, “and so to meet their needs, it make sense for us to increasingly grow our branch network in that area. Tech CU’s opening a full-service branch in Newark marks another milestone for us in terms of increasing convenience for members, and we look forward to being a strong business partner and contributing member to this community.”
Members, along with the Newark community, responded enthusiastically to the opening of Tech CU’s newest location, with over 40 individuals joining the credit union on opening day, and over $500,000 in new deposits received.
As part of its ongoing Grand Opening Celebration throughout September and October, the credit union is also sponsoring several community and promotional events, including:
ABOUT TECHNOLOGY CREDIT UNIONTechnology Credit Union is a full-service, financial institution serving 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 was started in 1960 and is now among the top 1 percent of the nation’s largest credit unions. With nearly $1.3 billion in assets, offering an extensive range of deposit and loan products, plus online services and 10 full-service branches around the Bay Area, Tech CU is a leader in the credit union industry.
Tech CU Newark Financial CenterMain Phone: (510) 742-1551Location: 34887 Newark Blvd., Newark, CA 94560Hours of Operation: 9:30 a.m. to 6:00 p.m. (M-F)Financial Center Manager: Shawn Sheykhi
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