SAN JOSE, CA -- (MARKET WIRE) -- 04/27/06 -- Just like every home, every homebuyer is unique. Tech CU recognizes that each home loan needs to be customized to the buyer's individual situation, from first-time buyers to established real estate investors. To better serve this unique and ever-changing California market, Tech CU has rolled out a line of NEW home loan products.

Creative home loan options:

--  First-time buyer program: The HLPR (pronounced "helper") loan was
    designed to alleviate one of the biggest obstacles to home ownership: the
    down payment. With HLPR, first-time homebuyers can qualify for loans up to
    $700,000 with as little as 3 percent down -- with no mortgage insurance
    required.
--  Options for the self-employed: The income documentation process can
    cause hassles for some homebuyers. By simply stating income and assets, the
    Stated Income, Stated Asset (SISA) program expedites the loan application
    process, helping buyers to get approved quicker and easier.
--  Mixed-Use loans: Ideal for investors looking to purchase a building
    that includes apartment units and retail space, Tech CU's Mixed-Use lending
    program offers financing up to $7.5 million on properties with five or more
    units.
    

Versatile lines of credit:

--  Prime Advantage: Tech CU introduced a one-year fixed home equity line
    of credit to provide members with peace of mind amid rising interest rates.
--  Apartment Lines of Credit: This stand alone line of credit is perfect
    for apartment owners looking to improve cash-flow, remodel or purchase new
    investments.
    

Focusing on education -- Spring real estate week (May 3-10):

--  During Tech CU's spring educational real estate week, the Credit
    Union, in partnership with local real estate professionals, offers free
    educational seminars on home buying and real estate investments. Tech CU's
    seminars are free, educational in nature, and open to the public. To
    register, please visit: www.techcu.com/events.
    

About Technology Credit Union

Technology Credit Union is a member-owned, full-service financial provider that offers services to technology and business professionals in California and their families, focusing primarily on serving individuals who work, live, go to school, or regularly worship in Santa Clara, Alameda, San Mateo, Santa Cruz, San Francisco and Contra Costa counties. Tech CU was started in 1960 and is now among the top 1% of the nation's largest credit unions. With more than $1 billion in assets, and seven full-service branches in the Bay Area, Tech CU is a leader in the credit union industry. For more information, visit www.techcu.com.

Contact Information:
Ivy Widman
Phone: 408-441-4757
Fax: 408-453-0741