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    Todd Harris

    President & C.E.O. at Technology Credit Union (Tech CU)

    Professional Background

    Mr. Todd Harris boasts an impressive career spanning over 30 years in the financial services sector, where he has made significant contributions to banking, credit unions, and leasing companies. Since assuming the role of President and CEO at Technology Credit Union (Tech CU) in mid-2016, Harris has been a visionary leader, catalyzing strategic growth initiatives and pioneering organizational capabilities that have positioned the credit union as a leader in the industry.

    Under Harris's stewardship, Tech CU has made remarkable strides. One of his pivotal actions was fostering partnerships with numerous FinTech companies, a strategic move that has become a hallmark of innovation within the credit union space. This proactive approach has not only enhanced Tech CU’s service offerings but also set a standard for collaboration that few other credit unions have achieved.

    Harris's foresight is evident in the exponential growth in membership at Tech CU, which surged by an impressive 67%, bringing the total to over 125,000 members during his tenure. This remarkable increase speaks volumes about his commitment to member satisfaction, which has always been at the forefront of his leadership approach. Thanks to Harris's dedicated efforts, the organization experienced a 61% increase in 5-Star Yelp ratings between 2018 and 2019, alongside a significant 55% drop in member complaints over the same timeframe.

    Education and Achievements

    Mr. Harris earned a Bachelor of Science in Financial Management from San Jose State University, laying a solid foundation for his extensive career in finance and leadership roles. His educational background is complemented by his vast professional experiences, which include critical roles such as Chief Financial Officer (CFO) and Chief Operating Officer (COO) before his promotion to CEO at Tech CU.

    Harris's prior experiences include serving as CFO at Alliance Credit Union, where he played a vital role in guiding the organization through the economic challenges of the 2008 recession, helping it regain profitability. His extensive background also includes tenure at Pentech Financial Services and a significant 12-year stretch at Silicon Valley Bank, where he further honed his expertise in finance, strategic planning, and risk management.

    In recognition of Harris's extraordinary leadership, Tech CU has consistently been acknowledged for its outstanding performance. During his tenure, the credit union was celebrated by Standard & Poor’s Global (S&P) as one of the best performing credit unions in the nation, ranking third in 2017, and sixth in 2019, as well as the number one performing credit union in California.

    Innovations in the Industry

    Mr. Harris's contributions to the financial services industry extend beyond traditional credit union practices. He has been a trailblazer in promoting sustainability through innovative solar financing initiatives. Tech CU has partnered with notable companies like Tesla and Sunlight Financial to provide over $2.5 billion in residential solar loans, positively impacting more than 65,000 homeowners across the nation. This innovative approach not only aids members in saving on energy costs but also underscores Tech CU's commitment to environmental responsibility.

    Further demonstrating his commitment to sustainability, Harris led initiatives that resulted in a 40% reduction in the credit union’s own non-renewable energy consumption. This included replacing traditional lighting with energy-efficient options and installing solar panels at Tech CU's headquarters, which reflects a forward-thinking approach to both business and environmental stewardship.

    Throughout his career, Todd Harris has also actively contributed to thought leadership in economic discussions, regularly providing insights on economic issues through published articles in leading platforms such as VentureBeat, CUNA News Now, Payments Journal, and Credit Union Journal. His expertise spans a range of areas including economic theory, asset-liability management (ALM), Federal Reserve policy, financial markets, and risk management.

    Community Engagement

    Beyond his impressive professional accomplishments, Mr. Harris is deeply committed to community service. He serves on the board of directors for both Tech CU and Joint Venture Silicon Valley, where he collaborates with various organizations such as the Silicon Valley Leadership Group and The Bay Area Council. His passion for giving back is evident in his support of worthy causes such as Family Giving Tree, Stand Up for Kids, Second Harvest of Silicon Valley, and The Tech Interactive.

    In summary, Todd Harris stands as a leader who has fiercely dedicated his career to transforming the financial services landscape while making a positive impact on his community. His visionary leadership at Tech CU exemplifies his commitment to innovation, member satisfaction, and environmental stewardship, setting a high standard for excellence in the credit union industry.

    Related Questions

    How did Todd Harris's vision contribute to the growth of Technology Credit Union during his leadership?
    In what ways has Todd Harris influenced the collaboration between Tech CU and various FinTechs?
    Can you elaborate on how Todd Harris has integrated sustainability into the business model of Tech CU?
    What strategic decisions did Todd Harris implement that led to the notable increase in members at Tech CU?
    How does Todd Harris utilize his experience in risk management to guide Tech CU?
    What impact has Todd Harris had on community engagement initiatives within the Silicon Valley area?
    How did Todd Harris's previous roles shape his approach as the CEO of Tech CU?
    What role has Todd Harris played in the recognition of Tech CU as one of the top-performing credit unions nationwide?
    Todd Harris
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    Location

    San Francisco Bay Area