Most of the 12 Fed districts report steady to strong CRE activity so far this year.
Fed districts report vacancy rates continued to fall, rents rose, and the outlook was generally positive.
Jafari No-Interest Credit Union would serve Muslim communities in Dallas, Houston and Austin.
Commercial real estate activity continued to improve across most of the 12 Federal Reserve Board districts.
Jim Minge, president of the $726 million Texas Trust Credit Union, was elected to the board of directors of the Texas Credit Union League. He is one of 12 new board members who will take office April 18 upon conclusion of the league's annual meeting in Galveston.
With just a few weeks left in 2011, it may not be a shocking development that the commercial real estate sector will end the year in a state of stagnation.
Beige Book shows commercial real estate recovery in some parts of the country.
American Airlines Federal Credit Union of Fort Worth, Texas has agreed to pay nearly 300 current and former employees more than $83,000 in overtime back wages following a U.S. Department of Labor investigation.