TECHNOLOGY CREDIT UNION
2010 NORTH FIRST STREET SUITE 301, SAN JOSE, CA 95131 www.techcu.com

Total Revenue
$132,366,057
Total Expenses
$100,705,942
Net Assets
$322,709,921

Organizations Filed Purposes: TECHNOLOGY CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, TECHNOLOGY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS.

DURING 2019 TECHNOLOGY CREDIT UNION HAD 121,138 MEMBERS WITH 489 MEMBER COMPANIES. TO ENHANCE MEMBERS' EASY ACCESS ANYWHERE AND ANYTIME AT NO COST TO THE MEMBERS, TECH CU PROVIDES ONLINE BANKING SERVICES. SOME OF THE FEATURES ARE THE ABILITY TO VIEW ACCOUNT BALANCES, VIEW OR DOWNLOAD ACCOUNT HISTORY, VIEW IMAGES OF CLEARED CHECKS AND VIEW PENDING TRANSACTIONS. ALSO, MEMBERS HAVE THE PRIVILEGE TO MAKE OR SCHEDULE PAYMENTS FOR TRANSFER BETWEEN TECH CU ACCOUNTS OR OTHER FINANCIAL INSTITUTIONS. MEMBERS CAN ALSO PAY THEIR BILLS USING THE TECH CU BILL PAY ONLINE. THE ONLINE BANKING SERVICES ENABLE MEMBERS TO MANAGE THEIR ACCOUNT(S) CONVENIENTLY FROM RECEIVING EMAIL ALERTS ON THE ACCOUNT ACTIVITY TO PLACING A STOP PAYMENT ON AN OUTGOING CHECK. MEMBERS CAN UPDATE THEIR PROFILE AND GAIN ACCESS TO A SECURED EMAIL. TECH CU ONLINE BANKING USES THE MOST ADVANCED ENCRYPTION STANDARDS TO PROTECT ACCOUNTS AND TO CONDUCT FINANCIAL BUSINESS. THE INNOVATIVE LOGIN SECURITY SYSTEM ENSURES PERSONAL ACCESS AND SECURITY OF ACCOUNT INFORMATION.

TECHNOLOGY CREDIT UNION PROVIDES ATM (AUTOMATED TELLER MACHINE) SERVICES TO MEMBERS. MEMBERS CAN ACCESS THEIR BANK ACCOUNT IN ORDER TO MAKE CASH WITHDRAWALS (OR CREDIT CARD CASH ADVANCES) AND CHECK ACCOUNT BALANCES CONVENIENTLY IN A PUBLIC SPACE WITHOUT THE NEED FOR A HUMAN CLERK OR BANK TELLER.

TECHNOLOGY CREDIT UNION PRIVATE BANKING IS A PERSONALIZED SERVICE PROGRAM DESIGNED SPECIFICALLY FOR THEIR MOST FINANCIALLY SUCCESSFUL MEMBERS. PRIVATE BANKING MEMBERS ARE ASSIGNED TO A PRIVATE BANKING MANAGER, AN EXPERIENCED CREDIT UNION PROFESSIONAL, WHO SERVES AS PERSONAL RESOURCE AND POINT OF CONTACT FOR ALL THEIR FINANCIAL SERVICES NEEDS. THE PRIVATE BANKING MANAGERS PROVIDE PERSONAL, RESPONSIVE, PROFESSIONAL, AND FRIENDLY SERVICE WHILE ENSURING THE SECURITY AND CONFIDENTIALITY OF EVERY FINANCIAL TRANSACTION. THEY ALSO ACT AS LIAISONS, CONNECTING THEIR MEMBERS WITH THE BEST FINANCIAL EXPERTS IN INVESTING, REAL ESTATE LENDING AND CONSUMER LENDING. IN ADDITION, PRIVATE BANKING MEMBERS ARE ENTITLED TO A WEALTH OF BENEFITS INCLUDING ESTATE PLANNING AND TRUST SERVICES AT A SPECIALLY DISCOUNTED RATE, TAX PLANNING AND PREPARATION, LOAN RATE DISCOUNTS AND PRIORITY PROCESSING OF ALL LOANS, SPECIAL PRIVATE BANKING SEMINARS AND EVENTS, EXCLUSIVE PRIVATE BANKING NEWSLETTER, AND PREFERRED RATE MEMBERSHIP TO THE SILICON VALLEY CAPITAL CLUB. TECHNOLOGY CREDIT UNION HAS ALSO MOVED FROM CETERA TO LPL FINANCIAL SERVICES TO PROVIDE BETTER INVESTMENT OPTIONS FOR ITS MEMBERS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Todd HarrisCEO, BOARD SECRETARY/TREASURER40$786,327
Jeannine M JacobsenEVP, CHIEF OPERATING OFFICER40$411,753
Robert ReedEVP, CHIEF RETAIL BANKING OFFICER40$386,285
Richard HanzEVP, CHIEF FINANCIAL OFFICER40$379,031
Joseph AnzaloneEVP, CHIEF COMMERCIAL BANK OFFICER40$378,111
Michael FloydEVP, CHIEF CREDIT OFFICER40$375,014
Brian T EvansVP, SBA BUSINESS DEVELOPMENT OFFICER40$317,422
Fred AbajeloSENIOR FINANCIAL ADVISOR40$316,633
M Angeles HernandezSVP, LOAN ADMINISTRATION40$263,870
Niki WongSVP, COMMERCIAL/SBA LENDING & OPERAT40$252,107
Shou Mei WuSVP, COMMERCIAL CREDIT ADMINISTRATION40$243,343
Fawzia Sarwar-ShayekSVP, RETAIL BANKING40$240,430
Eric NganVP, ENTERPRISE APPLICATIONS & INTEGRATIONS40$238,695
Franca CozzitortoHEAD OF ENTERPRISE RISK MANAGEMENT40$215,354
Natalia LauSVP, CONTROLLER40$203,450
Guy Lamont HadnotSVP, MARKETING40$192,421
Barbara KammFORMER CEO/BOARD MEMBER2$10,181
Bob LuongSUPV CMTE MEMBER2$0
Jessica CassinelliSUPV CMTE MEMBER1$0
Firasat AliSUPV CMTE MEMBER1$0
Faisal JeddySUPV CMTE MEMBER1$0
Jeff LeeSUPV CMTE CHAIRMAN1$0
Sunil NagdevDIRECTOR2$0
Joe ShepelaDIRECTOR2$0
John W WedgwoodDIRECTOR2$0
Robert R HerbDIRECTOR2$0
Peter DonahowerDIRECTOR2$0
Karen BrochierDIRECTOR2$0
Kirk BloedeDIRECTOR2$0
Robert E BylinVICE CHAIRMAN2$0
Mical BrenzelCHAIRMAN2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003109349303250_public.xml