Credit Union Liquidity Services LLC

• 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.

• On-Site Coverage: Hyland Tells NACUSO Recent CU Failures Prompt NCUA Quest for More CUSO Authority

  By Michelle A. Samaad  |  April 27, 2011

  LAS VEGAS — NCUA Board Member Gigi Hyland said Wednesday the agency needs more authority in dealing with CUSOs to help prevent credit union failures.

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  Credit Union Industry Reacts to Failure of Big Texas CU

  By Michelle A. Samaad  |  April 27, 2011

  Crippled by mounting commercial loan losses, the $1.6 billion Texans Credit Union was placed in conservatorship on April 15 by the NCUA.

• Former Texans CUSO CEO Heads to Elevations

  By Michelle A. Samaad  |  January 3, 2011

  The $950 million Elevations Credit Union has hired Jay Champion, the former CEO at Texans Commercial Capital LLC, to lead a business lending and services initiative.

• Despite Court Ruling, Texans Disputes Judgment

  By Michelle A. Samaad  |  March 17, 2010

  Does the latest chapter in a three-year old legal case involving the terminated executive of an insurance CUSO and Texans Credit Union hinge on semantics?

• Bankruptcy Court Rules Former Texans CUSO Exec Owed $21 Million

  By Michelle A. Samaad  |  March 4, 2010

  After nearly three years of legal wrangling, former Texans Insurance Group President Kevin Curley may be able to recoup $21 million in back pay and benefits in a wrongful termination case.

• Texans CU: Realty Firm Owes $40 Million for Defaulted Commercial Loan

  By Michelle A. Samaad  |  February 10, 2010

  Texans Credit Union said a federal bankruptcy court in Dallas ruled that a realty firm owes its commercial real estate lending CUSO more than $40 million in a suit involving a defaulted Illinois property loan.

• Texans CU CUSO Receives $40 Million in CRE Suit

  By Michelle A. Samaad  |  February 2, 2010

  Credit Union Liquidity Services LLC, previously known as Texans Commercial Capital, has been awarded more than $40 million in a suit involving a defaulted Illinois property loan, according to Texans Credit Union.