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  • Technology Credit Union Announces New President/CEO

    Seasoned financial executive with strong ties to high-tech community takes the helm on January 6, 2010 

    San Jose, CA (December 29, 2009)—Technology Credit Union announced today that Barbara B. Kamm will be joining the organization on January 6th, 2010, as its new President/CEO, replacing Ken Burns, who left in May of 2009.

    Kamm has had a long and accomplished career in banking, starting at First Interstate Bank in Los Angeles where she ran credit training for the bank’s branch system. She next headed commercial lending at Marine National Bank, a de novo bank in Irvine, CA, and opened and managed the Orange County office of National Bank of Long Beach. Kamm joined Silicon Valley Bank in Southern California and became the regional manager there before moving to Northern California as the bank’s Chief Administrative Officer. During her 10 years with Silicon Valley Bank, Kamm worked with many entrepreneurs, start-up businesses, venture capitalists, and industry associations to meet the financial needs of the technology community. Most recently she operated her own Bay Area-based consulting firm to provide strategic, organizational and financial assistance to young tech companies and financial institutions. Among her clients was New Resources Bank of San Francisco, where she advised the Board through a CEO transition.

    “Speaking on behalf of the Board of Directors, I am very pleased to welcome Barbara Kamm as Technology Credit Union’s new President/CEO as we begin a new year,” said Mical Atz Brenzel, Chairman of the Board. “With her extensive banking and management experience, she is an excellent choice to lead Tech CU during these challenging economic times.”

    “I’m excited to have the opportunity to serve as Tech CU’s new President/CEO as we enter a new decade,” said Kamm. “With this credit union’s distinguished 50-year history of serving the technology community in Silicon Valley, I look forward to continuing to grow our brand and deliver the highest level of service possible to our members.”

    Technology 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. It is recognized as one of the best managed and strongest financial institutions in the country, as indicated by Tech CU’s 5-star rating from Bauer Financial, the nation’s largest independent rating service for banks and credit unions. With more than 77,000 members, over $1 billion in assets and 10 full-service branches around the Bay Area, Tech CU is a leader in the credit union industry.