SAN JOSE, Calif. -- Popular social networking firm Facebook has selected Technology Credit Union as the official CU for its expanding workforce.
"Facebook is a community-driven network, and so it makes sense that they would partner with a credit union for their employees," said Donna Butcher, assistant vice-president of business development for Tech CU. "Credit unions are unique in that they are built on the foundation of community--they're member-owned and managed. That positions us well to partner with companies that have employees and customers who place a lot of importance on the value of peer-to-peer networks."
The CU has had a long-standing history of serving Silicon Valley startups for over four decades, boasting some of the Valley's most innovative organizations as member companies, said Kathleen Litman, Tech CU vice president of marketing.