A new wealth management division at the $1.4 billion Technology Credit Union will cater to the cooperative's members and Silicon Valley companies.

The San Jose Valley, Calif.-based credit union has combined private banking, personal banking and investment services to create the wealth management division. Depending on their specific needs, each wealth management member is assigned a private banking or personal banking manager and wealth adviser. Some of the services include retirement planning solutions, cash management, estate and tax planning and insurance.

Tech CU began offering investment services, personal banking and private banking to its members in 2003. Since then, the combined divisions have grown to $325 million in managed assets, servicing more than 4,000 members, according to the CU.