FOR IMMEDIATE RELEASE
Contact Information:Tawnya LancasterPublic RelationsPhone: email@example.com
San Jose, CA - (April 4, 2012) — Technology Credit Union (Tech CU) announced today that Al Cadman has joined the company as its new Executive Vice President and Chief Credit Officer. In his role, Cadman is responsible for overseeing the institution's lending activities and ensuring the continued safety and soundness of its credit portfolio as Tech CU grows its presence in the Bay Area.
Cadman comes to Tech CU with more than 30 years of experience in the financial services industry and a broad knowledge of commercial lending, including: middle market commercial, agribusiness, technology, SBA, commercial real estate, letters of credit, and trade finance.
"Al will be a great asset to our executive team," said Barbara B. Kamm, president and CEO of Tech CU. "He's an accomplished and deeply experienced credit executive, and his knowledge of commercial lending will be very beneficial to Tech CU as we continue to serve businesses and their employees in Silicon Valley and beyond."
Prior to joining Tech CU, Cadman was Chief Lending Officer at Community Bank of the Bay where he managed the bank's credit operation for its San Jose Loan Production Office. He worked for 25 years at Bank of America where some of his responsibilities included management of the bank's commercial credit product activities in the Bay Area and Central Valley. Cadman also held senior lending and credit positions at Greater Bay Bank and Wells Fargo Bank. An alumnus of Santa Clara University, Cadman earned a bachelor of science degree and masters of business administration.
For more information on Tech CU's loans and lines of credit for both businesses and individuals, go to www.techcu.com/wm.
ABOUT TECHNOLOGY CREDIT UNIONwww.techcu.comFounded in 1960 by the employees of Fairchild Camera and Instrument Semiconductor Division, Tech CU has served the high tech workforce in Silicon Valley for 50+ years. Today, Tech CU has extended its membership benefits to small and medium-size businesses and individuals who live and work in the greater Bay Area. The financial institution is recognized as one of the best managed and strongest in the country. Tech CU's 74,000 members have access to 68,000+ surcharge-free ATMs nationwide, online and mobile banking, 10 full-service branches in the Bay Area, and comprehensive wealth management and small business services. www.techcu.com.
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