San Jose, CA (December 19, 2013) —Technology Credit Union (Tech CU) is ending 2013 as formidably as it began: with strong loan growth in its commercial real estate loan portfolio. The San Francisco Bay Area credit union recently closed a $10 million commercial real estate loan to Pelio & Associates, providing long-term financing for the Los Gatos Motor Inn located on Los Gatos-Saratoga Road.
San Jose, CA (December 3, 2013) —Technology Credit Union (Tech CU) has long understood the value of reaching out to high-skilled immigrants in Silicon Valley — a strategy that’s paying off, according to Tech CU’s President and CEO Barbara Kamm.
San Jose, CA (November 20, 2013) —The Bay Area housing market is definitely moving into recovery with October’s median home sale price of $539,750 up 29.7 percent from a year earlier, according to real estate data and information service DataQuick.
San Jose, Calif. (November 6, 2013) —Tech Wealth Management, the financial planning and wealth management program at Technology Credit Union (Tech CU), has hired Ryan Mitchell, a financial advisor with extensive industry experience in fee-based investment advisory services and portfolio management.
San Jose, CA (October 1, 2013) —Technology Credit Union (Tech CU) announced today it has expanded its SBA (Small Business Administration) loan program with the goal of helping more credit union members grow their businesses within Silicon Valley and the greater Bay Area.
San Jose, CA (August 8, 2013) — Technology Credit Union announced today Janikke Klem has joined its team as vice president of community relations. In this role, Klem will focus on continuing to develop relationships within the Bay Area for Tech CU’s community outreach program, and she will serve as the company’s government relations’ liaison.
San Jose, CA (July 18, 2013)—Technology Credit Union (Tech CU) announced this week it has closed a $3 million residential construction loan. The credit union provided the loan to an entity owned by private investment firm Menlo Capital Group to fund the construction of a four-unit townhouse development on College Avenue in Menlo Park.
San Jose, CA (June 27, 2013)— The nature of Silicon Valley’s high tech workforce is changing, as Bay Area companies turn more frequently to contract consultants and other independent workers on a project-by-project basis to save money and remain competitive in the global business market.
San Jose, Calif. (June 13, 2013) — Tech CU announced today it will be the only credit union among seven banks in the region participating in the first-ever affordable housing loan pool created by Housing Trust Silicon Valley.
San Jose, Calif. (April 1, 2013) — Technology Credit Union recognizes that moving to a new country and beginning a new life presents a distinct set of challenges. That’s why the credit union offers a unique Global Members program — focusing on the financial needs of high tech immigrant workers.
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More than fifty years ago, forward-thinking high-tech employees at Fairchild Semiconductor knew there was a better way to bank.