Technology Credit

Information related to technology.

Tech CU was founded in 1960 by a group of employees from Fairchild Camera and Instrument Corp. By the end of its first year of operation, Tech CU had 600 members holding $65,000. Ten years later, the company had 6,320 members with $3.5 million in assets.[citation needed]

One of the San Francisco Bay Area’s largest credit unions, Tech CU has more than $2.5 billion[1] in assets and ten full-service branches. It provides financial products and services to approximately 100,000 members[2]. In January 2015, the company acquired Sunnyvale Federal Credit Union[3] — in the heart of Tech CU's coverage area. In July 2015, Tech CU opened its first branch in San Francisco at 1453 Mission Street.

In September 2015, Tech CU received Silicon Valley Business Journal’s Corporate Philanthropy Award,[4] naming it one of the top 50 most generous companies in Silicon Valley. In October 2015, Credit Union Journal selected Tech CU for its Annual Best Practices Award, Growth Strategy. In January 2016, Tech CU was chosen for induction into San Jose Silicon Valley Chamber of Commerce Hall of Fame.