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  • 2015 News Releases

  • Tech CU Supports Financial Literacy for Women Through Partnership with WANDA

    San Jose, Calif. (November 30, 2015) —Tech CU (Technology Credit Union), announced this week it has partnered with WANDA (Women’s Achievement Network and Development Alliance) to support financial literacy programs for single moms in the San Francisco Bay Area. The credit union is giving both financial and resource support to the nonprofit, including a cash grant, volunteer hours and free educational seminars led by Tech CU’s financial experts.

    Tech CU Wins 2015 MarCom Award for Outstanding Achievement in Marketing Communications

    San Jose, Calif. (November 16, 2015) —Tech CU (Technology Credit Union) is honored to have received a 2015 MarCom Award from the Association of Marketing and Communication Professionals (AMCP). An international competition that recognizes outstanding creative achievement by marketing and communication professionals, the MarCom Awards is perhaps the largest competition of its kind in the world. Tech CU won a Gold Award for its 2014 Annual Report, selected among 6,500 entries from 34 countries in the competition. Entries are submitted by corporate marketing and communication departments, advertising and design agencies, PR firms, production companies, and freelancers.

    Tech CU Remodels Its Flagship Branch in San Jose with Innovative New Design

    San Jose, Calif. (November 6, 2015) —Tech CU (Technology Credit Union) officially re-opened its newly remodeled flagship branch in San Jose on Wednesday with a ribbon-cutting ceremony and event attended by Tech CU members, as well as such dignitaries as San Jose Mayor Sam Liccardo, San Jose Silicon Valley Chamber of Commerce President and CEO Matt Mahoood and more.

    Tech CU Honored as One of Silicon Valley’s Most Philanthropic Companies

    San Jose, Calif. (October 22, 2015) —Tech CU (Technology Credit Union) is honored to have been named by the Silicon Valley Business Journal as one of the most philanthropic companies in the region. The credit union will be feted among the top 50 corporate givers at the Journal’s Corporate Philanthropy Awards, held on November 5.

    Tech CU Launches New ‘Bank Happily Ever After’ Advertising Campaign

    San Jose, Calif. (October 1, 2015) —Tech CU (Technology Credit Union) has launched a new advertising campaign entitled "Bank Happily Ever After.” It encourages consumers to question their current “big bank” relationship and consider a better option — a smaller, local financial institution that has their best interests at heart. The campaign’s platform levers on the trend towards disruption in financial services and highlights the fact that Tech CU provides the same 24/7 access and convenience consumers expect of a big bank, while still being small enough to offer exceptional, personal service.

    Public to Vote for $10,000 Winner of Tech CU Community Grant Challenge

    San Jose, Calif. (September 10, 2015) —Beginning September 14, three San Francisco nonprofits will vie to be the top vote getter and recipient of a $10,000 community grant from Tech CU (Technology Credit Union). The Tech CU Community Grant Challenge will run through September 23 as part of the credit union’s grand opening celebration for its newest branch, located at 1449 Mission Street in San Francisco, near Twitter and Square. Tech CU will also award $3,000 and $2,000 for second and third places respectively.

    Tech CU Partners With Housing Trust Silicon Valley on Affordable Housing Development in Sunnyvale

    San Jose, Calif. (August 18, 2015) —Tech CU (Technology Credit Union) and the Housing Trust Silicon Valley are partnering to support the MidPen Housing Corporation with a $7.8 million commercial real estate loan, of which Tech CU is underwriting $4.9 million of the total commitment. This financing will be used to acquire and redevelop a rundown commercial site in Sunnyvale, located at 460 Persian Avenue. MidPen Housing plans to build 60 units of affordable housing for low-income families, with convenient access to public transit. Three homes will be reserved for households transitioning out of homelessness.

    Tech CU Debuts Innovative Branch Design in Fremont

    San Jose, CA (June 2, 2015) — Tech CU (Technology Credit Union) opened a new branch yesterday, relocated from its former Hugo Terrace location in Fremont to the heart of the city’s Pacific Commons shopping center. The branch is adjacent to Target and near Costco, Century Theaters and other popular stores and restaurants, offering a convenient location with plenty of parking.

    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.

    Tech CU Announces Merger with Sunnyvale Federal Credit Union

    San Jose, Calif. (January 21, 2015) — Tech CU (Technology Credit Union) and Sunnyvale Federal Credit Union (SFCU) announced this week that SFCU members have voted overwhelmingly in favor of a merger between the credit unions. Under the terms of the merger, Tech CU will acquire 100 percent of SFCU’s $15 million in assets and SFCU’s more than 1,300 members will automatically become members of Tech CU. Their staff will also join Tech CU and Barbara B. Kamm, president and CEO of Tech CU, will remain in the top leadership position.

    Tech CU Announces CEO Succession Plan

    San Jose, Calif. – February 2, 2015 – Tech CU (Technology Credit Union) today announced that Barbara Kamm, the company’s President and Chief Executive Officer, will retire in May 2016. The Board has appointed Todd Harris, who currently serves as the company’s Chief Financial Officer and Chief Administrative Officer, as President and CEO, effective Monday, May 16, 2016. Kamm will remain on the Board of Directors and continue to be active in the local business community.

    Tech CU Partners with Stockpile, Making It Easier than Ever to Acquire and Gift Stock

    San Jose, Calif. (November 18, 2015) —Tech CU (Technology Credit Union) announced today it will be the first credit union in the U.S. to partner with Stockpile, a company that has made it easy and affordable to buy stock or gift stock to others. Tech CU members can purchase fractional shares of stock or ETFs (Exchange Traded Funds) in many of the world’s largest companies for any amount they feel comfortable with, beginning as low as one dollar.

    Tech CU Remodels Its Flagship Branch in San Jose with Innovative New Design

    San Jose, Calif. (November 6, 2015) —Tech CU (Technology Credit Union) officially re-opened its newly remodeled flagship branch in San Jose on Wednesday with a ribbon-cutting ceremony and event attended by Tech CU members, as well as such dignitaries as San Jose Mayor Sam Liccardo, San Jose Silicon Valley Chamber of Commerce President and CEO Matt Mahoood and more.

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