FOR IMMEDIATE RELEASE
The Women of Tech CU Win Big
San Francisco Business Times Honors CEO Barbara Kamm as a Power Executive; Silicon Valley Business Journal Names VP Janikke Klem and SVP Kate Duggan as Women of Influence
San Jose, Calif. – March 17, 2016 – Tech CU (Technology Credit Union) today announced that CEO Barbara Kamm was honored as a Power Executive by the San Francisco Business Times, while Vice President Janikke Klem and Senior Vice President Kate Duggan were named among Silicon Valley’s Women of Influence by the Silicon Valley Business Journal.
As a winner of the Power Executive Award, Kamm has demonstrated that she is a leader with a strong record of innovation — resulting in the company’s outstanding financial performance. Her strategy of focusing on leading-edge products, services and technologies has allowed Tech CU to remain relevant to its members — key in this highly competitive market. She also introduced enterprise risk management to Tech CU, partnered with local FinTechs and expanded the credit union’s offerings to include commercial lending and wealth management — all while championing a collaborative management style, transparency and employee engagement. Due to her efforts, Tech CU is poised to have one of its strongest years yet.
“I’m honored to have been selected as a Power Executive,” said Kamm. “I have a strong team behind me and our combined effort has allowed the company to reach a record level of loans and assets in 2015 and grow the company — all while maintaining excellent credit quality and strong earnings.”
Women of Influence
Designed to honor women who have had a strong impact across a variety of professional fields in the Bay Area, the Women of Influence Award shines the spotlight on local businesswomen, community leaders and philanthropists. Two of Tech CU’s executives are being recognized — Vice President of Community and Government Relations, Janikke Klem and Senior Vice President of Marketing, Kate Duggan — both of whom will be honored at the awards dinner on Thursday, May 5.
“Both Kate and Janikke have been instrumental in their areas of expertise — ensuring that we serve the needs of our members while supporting our business units. I’m proud to say that they both strongly embody the values of Tech CU. As the head of our community relations program, Janikke encourages Tech CU employees to give back to the community through volunteer work. She also helps us realize our goals in key focus areas by identifying, working with and awarding grants to local non-profits. Since joining Tech CU, she’s helped increase both employee and member giving, and expanded our reach into the non-profit community.” said Kamm.
Klem oversees Tech CU’s corporate social responsibility program, which is focused on STEM education and workforce development, financial literacy, affordable housing, and health and wellness. Her leadership and community involvement have led to Tech CU being recognized as one of the top 50 most generous companies in Silicon Valley by the Silicon Valley Business Journal. She also leads Tech CU’s government relations program, where she works closely with local, state and federal legislators on issues affecting the credit union and community. Most recently, she helped Tech CU advocate for the successful passing of Senate Bill 850 (SB 850). This includes a pilot program allowing each of California's community college districts to offer one bachelor’s degree per campus to serve an unmet need in the area without duplicating programs at nearby state colleges and universities.
Klem is a Salzburg Global Seminar Fellow and an ALF Senior Fellow in the Urban Innovation Network. She is the co-chair of Silicon Valley Leadership Group’s Education Committee, Rotary’s Downtown Development Committee, and sits on the boards of Leadership San Jose and San Jose State University Alumni Association, to name a few.
“Kate specializes in strategic marketing campaigns and recently spearheaded a hugely successful comprehensive, multi-channel awareness campaign for Tech CU. In just nine months, her campaign helped the company increase brand awareness and boost membership by 8.5 percent, bringing credit union services to even more people in our community. She’s also actively involved in giving back to the community, and participates in all of Tech CU’s philanthropic endeavors,” said Kamm.
Responsible for Tech CU’s brand, advertising, communications and PR, Duggan is an innovator in the financial services field. As part of the senior leadership team, she has helped rebrand the credit union, increase awareness and drive new members. In addition to her professional successes, she's been involved with philanthropic causes and non-profits both in the US and abroad for more than 20 years. She is currently a member of the Financial Women of San Francisco and Watermark. Duggan also serves in the Leadership Circle of WANDA (Women's Achievement Network and Development Alliance), a SF Bay Area non-profit working to break the cycle of poverty, one single mother at a time.
To view the full Women of Influence list of honorees, visit http://www.bizjournals.com/sanjose/news/2016/02/18/we-announce-the-honorees-for-silicon-valleys-2016.html. To learn more about Tech CU, visit www.techcu.com.
ABOUT TECHNOLOGY CREDIT UNION
Tech CU (www.techcu.com) is a $2 billion credit union serving more than 75,000 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 by 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.