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Technology Credit Union Expands into Idaho with Virtual Branch

byIan Koplin
October 17, 2022
in News

Tech CU (Technology Credit Union) celebrated the grand opening of its Idaho Virtual Branch via a private, online event.

“We’re excited to open our virtual branch in Idaho and formally expand outside our borders for the first time,” Todd Harris, CEO of Tech CU, said. “Treasure Valley, and Boise in particular, have been a goal of ours for several years now. Not only are the people who live there super friendly, but it is a burgeoning technology hub with a rapidly growing population, and a strong concentration of well-respected employers, making it an ideal location for Tech CU.”

The virtual branch allows members to receive the same high-touch, personalized face-to-face banking experience they typically receive in person, from the comfort of their homes. Virtual branch customers can talk to an expert virtual banker about their banking questions and can take care of the types of transactions typically done at an in-person appointment including credit card and loan requests, account or debit card issues, savings/CD requests, IRA/HSA and more.

“I’m pleased to welcome Tech CU to Boise,” Lauren McLean, mayor of Boise, said. “It’s great to have a new banking option with a particular focus on our growing array of entrepreneurs and employees in the technology sector. Thank you for choosing our community and becoming a member of our local economy.”

“Over the past several years, Tech CU has been a huge supporter of our technology community,” Jay Larsen, CEO of the Idaho Technology Council (ITC), said. “Most recently, they sponsored ITC’s 2022 Capital Connect event aimed at start-ups that have received series A funding rounds. We’re excited they are opening up a virtual branch in our community and what that means for local technology businesses in the area.”

“Consumers are used to doing many things virtually now, and banking is no exception,” Robert Reed, the chief retail banking officer at Tech CU, said. “We’ve spent the past year and a half refining our Virtual Branch model across our entire field of membership and are confident we can deliver the same in-person experience our members have come to expect in a virtual way.”

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