Texans Credit Union

• NCUA Sues Former Texans Credit Union CEO David Addison

  By Marc Rapport  |  December 20, 2012

  Suit alleges misconduct, bad investments led to credit union's $16 million in losses.

• Texans Credit Union Reports Profitability

  By Michelle A. Samaad  |  May 7, 2012

  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.

• Texans Credit Union to Return Focus to Consumer Lending

  By Michelle A. Samaad  |  May 1, 2012

  Conserved Dallas credit union hopes those types of loans will help with its comeback after commercial lending losses forced conservatorship.

• NCUA Says Money Woes Easing at Texans Credit Union

  By Michelle A. Samaad  |  April 29, 2012

  A year after financial troubles led to its conservatorship, Texans Credit Union's fiscal health appears to be improving.

• American Bankers Association Downplays Texans Credit Union’s Recovery

  By Michelle A. Samaad  |  April 25, 2012

  ABA economist responds to NCUA announcement, says $1.4 billion suburban Dallas credit union remains critically undercapitalized, delinquencies continue to rise.

• Texans CU Gets $60 Million in Subordinated Debt

  February 12, 2012

  In an apparent effort to remain financially sustainable, Texans Credit Union has received $60 million in subordinated debt.

• Texans CU Receives $60 Million Emergency Lifeline

  By Michelle A. Samaad  |  January 31, 2012

  Nearly a year after being placed in conservatorship, it appears Texans Credit Union has received $60 million in subordinated debt to keep it afloat.

• Texans CU Hit With Another Lawsuit by Former Exec

  By Michelle A. Samaad  |  July 17, 2011

  A little over a year after Texans Credit Union settled a contentious wrongful termination case with the former president of its insurance CUSO, the cooperative has been hit with yet another suit with strikingly similar details.

• David Addison Listed as Chair/CEO of Aberdeen Capital Holdings

  By Michelle A. Samaad  |  May 31, 2011

  David Addison, the former president/CEO of the troubled Texans Credit Union, has resurfaced.

• Former Texans CU CEO David Addison Takes on Another CEO Role

  By Michaelle A. Samaad  |  May 19, 2011

  LinkedIn profile lists Addison as CEO, sole employee of Aberdeen Capital Holdings Inc.