The $2 billion, 168,000-member Texas Dow Employees CreditUnion in Lake Jackson, Texas, said it had a record year inhousingfinance in 2012.
|The credit union, which has moved aggressively into the Houstonmarket, reported that the almost 300% increase in mortgage loansover 2011 came through the efforts of TDECU Real Estate, itsaffiliated realty firm. The increase was from into 464 contractsworth over $62.5 million in volume.
|TDECU Real Estate credited its agents' work and its Real EstateRewards Program which, among other things, rebates 20% of agentcommissions when using one of the credit union's real estateprofessionals to buy or sell a home.
|In 2012, the program rebated $321,000 to members, the creditunion said this week.
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