Meta: If you are looking for an online app for banking, why don’t you have a thorough look at Technology Credit Union? We’ll give you information you need in this post!
Intro
Nowadays, more and more people use internet banking to do transactions due to its convenience. It will connect consumers to every banking service from anywhere.
You just need to download the app from the internet, and then it will allow you to access everything, transactions, bill payments, or receiving funds from clients and businesses, even via phone numbers.
These bankings are particularly led by high-tech companies such as Technology Credit Union. If you intend to invest or register an account with this company, keep reading all the information we have here!
What is Technology Credit Union (Tech CU)?
History
Tech CU, founded in 1960, is a credit union in Silicon Valley. It is credited for the most prestigious financial services and the best high-tech workforce in the industry.
Internet banking has become the norm – Source: Pigsels
After one year activated, it drew 600 members with $65,000. 10 years later, this number jumped to 6,320 members and $3.5 million. Untill now, it has earned nearly $4 million in assets for over 60 years.
In 2015, the enterprise attained Sunnyvale Federal Credit Union and started its first branch, located in San Francisco. Now it has ten full-service branches.
In 2021, Tech Credit Union won the 2021 Forbes Best-in-State Award, and there were numerous awards back then. Now it operates with over 155,000 members and plays a leading role in online and mobile banking, having connected to more than 65,000 ATMs around the country.
Memberships
Anyone can be welcomed to be a Tech CU member if you live in any of these places: Santa Clara, Santa Cruz, Contra Costa, San Mateo, San Francisco, or Alameda.
Memberships can be those who work for Tech CU and current members’ relatives.
If you are a member of Tech CU collaborating organizations such as the Northern California Human Resource Association (NCHRA), the Financial Fitness Association, or the San Jose State University Alumni Association (SJSUAA), you can feel free to join Tech CU members.
What Do Technology Credit Unions Do?
Online Banking
Now you can bank at your finger, having access to banking everywhere, even at home.
Online banking offers secured accounts with a few straightforward steps, and then you are free to proceed banking transactions in the comfort of your home. Once you have your account, you can easily check your balances, pay bills, and do transactions.
Making payment right at home – Source: Pigsels
Here are some of its functions you can take advantage of:
- Dashboard display: an overall personalized view of your account information.
- Budget Management: Control your budget with specific plans based on your finances, generating charts about saving and spending tendencies.
- Specialized function: looking out for advanced transactions.
- Starting Alerts for further control.
- Set up Bill Pay for paying bills.
- Using eStatements and erasing clutter.
- Connecting Tech CU accounts and other financial banks.
- Sign up for Mobile Banking.
Alerts
It is important to set up Alerts for monitoring accounts via email. You can easily notice what suddenly happens to your accounts and decide whether you want to transfer them.
It can consist of:
- Controlling accounts activity every day.
- Determining whether the ATM transferring outnumbers your finance situations.
- Notified when the Direct Deposit is open.
- Be alerted when NSF is posted.
- Receiving rent payment alerts.
- Others
Bill Pay
Tech CU offers free bill payments – Source: ICT Pulse
All the bill pay process is free, and it’s so convenient with those simple methods:
- Easily connecting to electronic bills and paying automatically.
- Having payments for recurring bills and one-time payments.
- Creating bill reminders.
- Reviewing 24 months of payment history.
- Paying bills overnight is allowed with a fee.
Can you use paid bills electronically or via email?
It mostly depends on the ability of each payee, which can be a vendor. The pay bills are evaluated and changed every time.
Therefore, it is typically dealt with electronic bills when it comes to a larger payee. Otherwise, such daycare providers are small and require fewer capacities, so they are normally in charge of an actual check.
eStatement
We consider it an electronic type of typical paper statement, so it is called eStatement and under PDF form. You can review your eStatement under any Tech CU account, even under paper format. This will also help you view any statement far back then, even when you just started the account.
Some outstanding advantages of eStatements:
- It is available without fee for all Tech CU members.
- It will arrive quicker than paper mail.
- Minimize the clutter and paper use.
- A safer option for being frauded.
Mobile Banking
If it is somewhat hard for you to access the digital banking options, you can better use a mobile app instead because it is now ready on the table. The benefits should be huge as you can use the app whenever and wherever the phone is with you and a connected internet is ready.
Some functions you can do with a mobile app:
- Checking out your personal information.
- Viewing the deposit checks.
- Transferring money.
- Accessing your credit score at any time.
Mobile banking is ready anywhere and anytime – Source: Hippopx
Contactless payment options
It is now available on Apple Pay, Samsung Pay, and Google Pay, and all the apps are free to download. The information is also safe when stored on your smartphone, as the payment history is only accessible in the app and not on the smartphone.
The digital wallet app will ask for a virtual number for every card on your phone. When you need to have one more layer of security, you have to send them your passcode, fingerprint, or other methods to ensure the highest security.
Investment Services
If you want to have an investment account, they will help you with a professional brokerage consultant.
There are several options for you to start investing: a balance, short-term, long-term, or low-risk strategy that you can choose. Then, they will guide you with a reliable and detailed approach, matching your desire and plans.
Tech CU helps you with a brokerage consultant for investment – Source: Pigsels
Here are some approaches you can consider
- GWP – Guided Wealth Portfolios: This is an affordable and automated digital strategy that can advise financial consultants to make their own choices.
- Financial & Retirement Planning: It is a retirement investment to give you the best solution for your plans and having a fulfilling future.
- Preserving & Transferring Wealth: According to your wish and health situation, they will assist you in transferring your share with truth and trust.
- RA Rollover Services: They will exchange an old 401(k) for a new 401(k) or IRA.
- Funding A Child’s Education: If you are saving for your child’s finance, they are willing to create a funding plan for your budget and spending.
- Stock Option Planning: Looking out for funding stock or resources? Tech CU will support you to work within a timeframe and reach the best results.
- Charitable Organizations: They will give you a management service, assisting you in streamlining for charitable organizations.
Solar Loan Payment
When you purchase and use solar panels at home, you will receive a solar loan from Tech CU if you want to be their member. It is a highly secured, unprofitable loan from them.
To make it clear to you, here are some questions that you may want to know.
How can you create a solar payment?
You can contact Online Banking to sign up for an account. There are options you can choose from the Internal Transfer or under the Savings account.
If you want to use an external one, then use their Fast Pay feature. Once you set up an online account, you will submit your solar billing statement to the Tech CU.
What if you want to make a one-time payment?
It will transfer via Fast Pay.
How can you pay your solar loan off?
After 6:00 pm, you can do so with Fast Pay at nighttime.
For a 3rd party pay-off loan, you can email [email protected] and give a signed Borrower’s Authorization to release Information Form.
Is it possible for you to make more than one payment every month?
Yes, it is more than welcome! Yet, the due day will come in advance two months at a time. The remaining amount will be transferred to the principal balance.
Why Tech CU?
You will be assured by a credit union founded 60 years ago by professional entrepreneurs and high-tech leaders. They lead a trend in financial situations and are one of the 100 largest credit unions in the Bay Area.
They work towards members’ benefit and are determined to bring out the ultimate success of both parties.
The way they will work is delivering advanced rates, lowest fees, amazing service, and maximum benefits so that you can continue to build a strong future together.
Some Benefits You Will be Interested In
- Free Credit Score – free credit score and free credit monitoring, including special savings. Those are all exclusive to members.
- Card Manager – Allow you to set your spending/saving restrict, merchant types, and locations.
- Loans and Credit Lines – They will provide you with extreme rates and variable loans and products for your budget needs.
- Access At any time – They will be available day and night 24/7, including customizable alerts and budgeting tools.
- 65,000 free ATMs nationwide – it is more than other competitive banks in the country.
Tech CU requires no free in ATMs – Source: Pigsels
- Shared Branching – All the transactions are free under 5,600 participating credit unions and branches internationally.
- Make an Appointment – You can ask for an online appointment by booking a group of their professionals.
- Reply Online 24/7 – You can search for answers quickly with intelligent search tools.
- Ready For a Call – Just choose the Call Me Feature. They will give you a call back during normal business hours.
- A Room For Use – There is a conference room for personal use.
How Credible Tech CU Is?
- Tech CU has been chosen to be one of the top credit unions in San Jose.
- They will change their selection for everyday consumers.
- They are rated 5-star by Bauer Financial.
- One of the largest independent rating services for financial institutions
- In 2017, S&P Global Market Intelligence pronounced Tech CU as one of the top five best-performing in California and one of the top 20 nationwide.
- In the Silicon Valley Business Journal, they are awarded one of the top philanthropic companies for six years in a row.
- In 2021, they were declared a Best-in-State Credit Union by Forbes.
Online Banking FAQs
How Can You Use Tech CU Online Banking?
The only thing you need to use for Online Banking is an internet connection and having an account. It would be best to make sure that all the information was accurate. If you want to change your information, log in to your account, and select Profile → My Profile, and you can now update.
Are There Any Costs Involved?
Online Banking is free for everyone to access their accounts, with no fee and no limits for any transactions. Moreover, there are no service fees required for other functions such as eStatements or Alerts.
However, there are certain fees for a particular transaction when using Online Banking.
What Types of Accounts Can You Access?
You can use your account to inspect your checking, savings, IRAs, auto loans, personal loans, mortgages, certificates, equity loans, and held investments. It is also possible to review your history and work on your withdrawals, transferring, check orders, and others.
Conclusion
If you are still confused about setting up an account, just feel free to ask their customer service. They are more than willing to give you a call with detailed guidance.
Technology Credit Union has been recognized as one of the most fast-forward and reliable financial institutions in the USA for more than 60 years of working. You may rest assured to use its online banking function to perform transactions from everywhere and at any time you want.
It can help you deal with STEAM cores (Science, technology, engineering, arts, and math). Now banking on your education, financial literacy, and housing is easy as a pie!