SAN JOSE, Calif. — Popular social networking firm Facebook has tapped Technology Credit Union as the official credit union 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."
According to Tech CU Vice President of Marketing Kathleen Litman, for over four decades the credit union has a long-standing history of serving Silicon Valley startups, boasting some of the Valley's most innovative organizations as member companies.
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"To some degree, we're known primarily as the credit union for tech professionals in the Silicon Valley," said Litman. "But the truth is we're now open to everyone in a six county area, not just technology employees. So, the benefits of membership are now widely available."
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