Contact Information: Contact Information: Tawnya Lancaster Public Relations Phone: 408-205-1618 tlancaster@lancaster-group.com Kathleen Litman Technology Credit Union Phone: 408-487-7527 klitman@techcu.com
Technology Credit Union Selects New President/CEO
Seasoned Financial Executive With Strong Ties to High-Tech Community Takes the Helm on January 6, 2010
| Source: Technology Credit Union
SAN JOSE, CA--(Marketwire - December 29, 2009) - Technology Credit Union announced today that
Barbara B. Kamm will be joining the organization on January 6, 2010, as its
new President/CEO, replacing Ken Burns who left in May of 2009.
Kamm has had a long and accomplished career in banking, starting at First
Interstate Bank in Los Angeles where she ran credit training for the bank's
branch system. She next headed commercial lending at Marine National Bank,
a de novo bank in Irvine, CA, and opened and managed the Orange County
office of National Bank of Long Beach. Kamm joined Silicon Valley Bank in
Southern California and became the regional manager there before moving to
Northern California as the bank's Chief Administrative Officer.
During her 10 years with Silicon Valley Bank, Kamm worked with many
entrepreneurs, start-up businesses, venture capitalists, and industry
associations to meet the financial needs of the technology community. Most
recently she operated her own Bay Area-based consulting firm to provide
strategic, organizational and financial assistance to young tech companies
and financial institutions. Among her clients was New Resources Bank of San
Francisco, where she advised the Board through a CEO transition.
"Speaking on behalf of the Board of Directors, I am very pleased to
welcome Barbara Kamm as Technology Credit Union's new President/CEO as we
begin a new year," said Mical Atz Brenzel, Chairman of the Board. "With her
extensive banking and management experience, she is an excellent choice to
lead Tech CU during these challenging economic times."
"I'm excited to have the opportunity to serve as Tech CU's new
President/CEO as we enter a new decade," said Kamm. "With this credit
union's distinguished 50-year history of serving the technology community
in Silicon Valley, I look forward to continuing to grow our brand and
deliver the highest level of service possible to our members."
ABOUT TECHNOLOGY CREDIT UNION
Technology Credit Union is a full-service, financial institution serving
individuals who work, live, go to school or regularly worship in Santa
Clara, Alameda, Contra Costa, Santa Cruz, San Mateo and San Francisco
counties. Tech CU was started in 1960 and is now among the top 1 percent of
the nation's largest credit unions. It is recognized as one of the best
managed and strongest financial institutions in the country, as indicated
by Tech CU's 5-star rating from Bauer Financial, the nation's largest
independent rating service for banks and credit unions. With more than
77,000 members, over $1 billion in assets and 10 full-service branches
around the Bay Area, Tech CU is a leader in the credit union industry. For
more information, visit www.techcu.com.