Tech CU Announces Executive Promotions

SAN JOSE, CA --(Marketwired - May 31, 2016) - Tech CU (Technology Credit Union) today announced three promotions within its executive ranks. As of May 13, 2016, Jeannine Jacobsen was promoted to EVP and COO with IT, Corporate Services and Project Management, Support Services, Human Resources and ERM reporting in to her. Richard Hanz, formerly the SVP of Treasury and Strategic Planning, became CFO, responsible for the company's Finance organization. Finally, Dean Davis was promoted to SVP, heading up all of IT. Both Hanz and Davis will also join Tech CU's Managing Committee.

"We're lucky to have so much talent within our own ranks," said Todd Harris, CEO of Tech CU. "Jeannine, Richard and Dean have all proven themselves time and time again -- contributing greatly to the company during their tenure. We are proud and excited to have such a skilled executive team."

"I have worked with Richard closely for the past five years and he has been critical to the company's strategic vision. Jeannine's promotion feels like a natural extension of her great success heading up HR and ERM, and Dean Davis has what it takes to bring our IT department into the future -- balancing both business objectives with the necessary technology.

With more than 25 years of experience, Jacobsen has spent the majority of her career focusing on Human Resources and corporate development. Prior to joining Tech CU, she served as Senior HR Manager at Cisco Systems partnering with Global Communications, Marketing, HR Operations, Corporate Social Responsibility and CMSG. Earlier in her career, she held positions at Lucas Film, LTD., Silicon Valley Bank, Bank of California, Great Western Bank and Lockheed Federal Credit Union. She is a Certified Compensation Professional and Credit Union Enterprise Risk Management Expert (CUERM). She received her degree in Business Administration from San Jose State University and has completed both the Berkeley Leadership and Wharton leadership programs.

Hanz has more than 25 years of experience in the financial services industry. Prior to joining Tech CU, he served as Assistant Vice President of Treasury and Financial Planning and Analysis (FP&A) for Alliance Credit Union, and Director of Treasury and FP&A for KeyPoint Credit Union. He has an economics degree from San Jose State University and an MBA from the University of Phoenix.

Davis has been in the IT field for more than 20 years. An employee of Tech CU for more than 10 years, he originally joined the company as Assistant Vice President of IT -- growing steadily into his current role. Prior to Tech CU, he was a senior network engineer in the semiconductor industry. Before that, he worked at Brigham Young University in Hawaii in the Information Systems/Technology division as Department Chair for five years. He received his master's degree in Management Information Systems from Hawaii Pacific University. Dean has been CISSP (Certified Information Systems Security Professional) certified for the past four years.

ABOUT TECHNOLOGY CREDIT UNION

Tech CU (www.techcu.com) is a $2 billion credit union serving more than 75,000 members throughout the San Francisco Bay Area -- including employees of such companies as Tesla, eBay, Applied Materials, Nvidia and Facebook. A federally insured, not-for-profit organization, we put the financial interests of our members ahead of shareholder profit by helping members achieve their financial goals on their terms and by sharing the benefits of our growth. Founded in 1960 by a group of forward-thinking employees at Fairchild Semiconductor, today we continue to be an industry leader, providing innovative financial products for all stages of our members' lives, including personal banking, wealth management, private banking, commercial lending and business banking. Tech CU consistently achieves a customer satisfaction rating above 95 percent and maintains a 5-star rating from Bauer Financial, the nation's largest independent rating service for financial institutions. And, with mobile and online banking, 65,000+ surcharge-free ATMs worldwide (more than Chase, Bank of America and Wells Fargo combined) and convenient branch access to our financial experts, Tech CU makes 24/7 banking easy and empowering.