The new group will serve Silicon Valley companies and their employees through a dedicated unit of long-tenured wealth and private/personal banking managers, said Technology Credit Union ( Tech CU).

Brandon Thompson, who has more than 21 years experience in the financial services industry, has been selected to lead the division as Tech CU’s senior vice president of wealth management.

Thompson said that as a part of Tech CU vision to better serve the high-tech community, its expanding its footprint within Silicon Valley.

"Our approach is to advise our member investors and member companies with in-depth, comprehensive solutions that address their current and long-term investment requirements. In addition, we offer a suite of sophisticated services not typically offered by the majority of other banks and credit unions," Thompson said.

The credit union’s move to combine the departments is part of a new strategic direction for Tech CU being driven by President and CEO Barbara Kamm.