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  • Tech CU Leads Industry by Launching The First Asset-Based Lending Program Among Credit Unions

    San Jose, CA (May 21, 2015) — Tech CU (Technology Credit Union) is expanding its commercial loan services by providing asset-based lending, including accounts receivable and inventory financing. The credit union will provide small- and mid-size companies (manufacturers, distributors and service companies) revolving credit facilities from $100,000 to $5 million, to be used for debt refinancing and equipment purchases, as well as to supplement working capital.

    Tech CU’s SVP of Retail Bank, Debra Bowman, Honored As One of Silicon Valley’s 2015 Women of Influence

    San Jose, Calif. (May 12, 2015) — Last week, the Silicon Valley Business Journal unveiled its 2015 Silicon Valley Women of Influence, with Debra Bowman, senior vice president of Retail Bank for Tech CU (Technology Credit Union), being honored among the 100 named on the list.

    Tech CU’s Wealth Management Division Continues With Record Growth In Investments and Private Banking

    San Jose, Calif. (April 30, 2015) — It’s been a good three years for Tech CU’s Wealth Management Division, the private banking and brokerage and investment advisory arm at Tech CU (Technology Credit Union). Since 2011, the group has seen consistent, record growth, with its last fiscal year (2014) showing a 19 percent increase in Tech Wealth Management’s investment assets under management compared to the previous year. In the first quarter of 2015, Tech CU’s Wealth Management Division’s total investment assets under management reached more than $570 million. Tech CU’s Private Banking loan portfolio exceeded $240 million.

    Tech CU’s Todd Harris Named to Board of Directors for Joint Venture Silicon Valley

    San Jose, CA (April 1, 2015) — Todd Harris, the executive vice president, chief financial officer and chief administrative officer for Tech CU (Technology Credit Union), has been named to serve on the board of directors for Joint Venture Silicon Valley, one of the Bay Area’s most influential organizations focused on addressing issues affecting the region's economy and quality of life.

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