SOURCE: Technology Credit Union

Technology Credit Union

July 27, 2011 17:05 ET

Technology Credit Union Launches Next Generation Mobile Banking

Secure On-the-Go Service Makes It Easier Than Ever to Bank 24/7

SAN JOSE, CA--(Marketwire - Jul 27, 2011) - Technology Credit Union announced today the launch of its next generation Mobile Banking, which includes native applications for the iPhone, iPad, iPod Touch and Android devices. These new applications make it easier than ever for Tech CU members to check account balances and track activity, transfer funds and pay bills, as well as find the nearest surcharge-free ATM or branch location -- all while on the go. The applications have already been downloaded more than 2,000 times, with the iPhone app scoring a 5-star rating and the Android scoring 4 stars. This next generation of Mobile Banking also includes a new and improved Mobile Browser (WAP) for compatibility with all other smartphones.

"We've been working very hard on our mobile channel because we see it as a big growth area for the future," said Tech CU's CIO, Leslie Jeffries. "And, it supports our strategic focus of giving members as many ways as possible to do their banking, including: Tech CU Online Banking, access to more than 60,000 surcharge-free ATMs nationwide, telephone banking and 9 full-service branches throughout the Bay Area."

Committed to using leading technology, Tech CU gives its members the safest, most convenient banking services available. The credit union's Mobile Banking uses the industry's most stringent authentication, data encryption and transfer protocol, so members can be confident that their account information is protected and secure.

Tech CU launched its first Mobile Banking product in 2007, with the introduction of a Mobile Browser (WAP). Within four years, Mobile Banking users increased by 70 percent, representing approximately 11 percent of all Online Banking users. Jeffries expects this new generation of Mobile Banking to more than double the number of active users.

Tech CU member Justin Reinhart, an early adopter of Mobile Banking, said about the application, "I have been pleased both with the service I've received at Tech CU when making transactions, as well as the ease of use when navigating my online banking profile -- not to mention, the Tech CU iPhone app for locating nearby credit unions and non-fee ATMs has come in handy a number of times."

For more information about Tech CU Mobile Banking, including answers to frequently asked questions and to download the applications, visit the Tech CU web site at www.techcu.com and click first "Online Banking," then "Mobile Banking." Users can also point their smartphone to https://m.techcu.com, or visit the Apple App Store or Android Marketplace and search for "Technology Credit Union Mobile Banking."

ABOUT TECHNOLOGY CREDIT UNION
Founded in 1960 by the employees of Fairchild Camera and Instrument Semiconductor Division, Technology Credit Union has served the high tech workforce in Silicon Valley for 50 years. Today, Tech CU has extended its membership benefits to small businesses and individuals who live and work in the greater Bay Area. The credit union is recognized as one of the best-managed and strongest financial institutions in the country. Tech CU's 74,000 members have access to 60,000 surcharge-free ATMs nationwide, online and mobile banking, 9 full-service branches in the Bay Area, and comprehensive wealth management and small business services. www.techcu.com.

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