From shutting down unprofitable branches to refocusing its efforts on consumer loans, Texans Credit Union is hoping some of those moves will help bring it out of conservatorship.
Conserved Dallas credit union hopes those types of loans will help with its comeback after commercial lending losses forced conservatorship.
A year after financial troubles led to its conservatorship, Texans Credit Union's fiscal health appears to be improving.
In an apparent effort to remain financially sustainable, Texans Credit Union has received $60 million in subordinated debt.
Nearly a year after being placed in conservatorship, it appears Texans Credit Union has received $60 million in subordinated debt to keep it afloat.
A subsidiary of First West Credit Union said the demand for its specialized subordinated debt financing services is growing.