Technology Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1960 |
| Headquarters | Bay Area , United States |
Area served | California, Idaho, Texas |
| Products | Checking accounts, savings accounts, investment options, lending solutions, business banking |
Tech CU (Technology Credit Union) is a credit union headquartered in the Bay Area of the United States, providing a range of financial products and services, including checking and savings accounts, investment options, lending solutions, and business banking.
History
Established in 1960 by employees of Fairchild Camera and Instrument, Tech CU currently oversees assets exceeding $4.8 billion as of 2023. It operates ten comprehensive branch locations and serves a membership base surpassing 169,000 individuals. The credit union expanded its footprint by acquiring Sunnyvale Federal Credit Union in January 2015 and further extended its presence to San Francisco with the opening of a branch at 1453 Mission Street in July 2015.
In 2022, Tech CU entered into a decade-long agreement for naming rights with Sharks Sports & Entertainment for the arena hosting the San Jose Barracuda, which was subsequently named Tech CU Arena.
The year 2024 marked Tech CU's entry into the Texas market via a new branch in Austin, alongside the launch of a Virtual Branch designed to enhance accessibility for members across different locations.
Membership
Membership eligibility encompasses individuals who live, work, attend worship services, or study within various counties in California—namely Santa Clara, San Mateo, Alameda, Contra Costa, Santa Cruz, San Francisco, Marin, Napa, Solano, Sonoma, Los Angeles, Orange, San Diego, Sacramento, and San Joaquin—as well as Canyon and Ada Counties in Idaho.
Additional criteria for joining include:
- Employees associated with Tech CU member companies nationwide
- Family members of existing members
- Individuals affiliated with partner organizations
- Staff and employers involved with technology-centric businesses in California
Affiliated Organizations
Tech CU maintains partnerships with multiple organizations such as:
- The Financial Fitness Association
- The Northern California Human Resource Association (NCHRA)
- The San Jose State University Alumni Association (SJSUAA)
Community involvement
The credit union’s community engagement initiatives focus on supporting non-profit organizations dedicated to STEAM education (Science, Technology, Engineering, Arts, and Mathematics), workforce development programs, financial literacy efforts, affordable housing projects, as well as health and wellness activities.
Awards
Tech CU has been recognized with various prestigious honors including the Communicator Awards, Stevie Awards, Hermes Creative Awards, CUNA Diamond Awards, AVA Digital Awards, accolades from S&P Global Market Intelligence, Marcom Awards, and Best Practices Awards from Credit Union Journal.