Current executive vice president to take top post of Texas credit union on Oct. 1.
One of the stated reasons for Texas Dow Employees Credit Union leaving CUNA was our disappointment with the unending vitriolic attacks on credit union regulators that seem to dominate every meeting.
Call Ed Speed, CEO of $1.8 billion Texas Dow Employees Credit Union in Lake Jackson, Texas, a maverick. That is a reputation he has won as he has pulled his institution out of credit union industry mainstays such as CUNA and the Texas league.
Two more insurance companies have been purchased by TDECU Insurance Agency LLC.
A month after TDECU Insurance Agency LLC acquired a Houston-based insurance company, the CUSO has bought two more insurance firms.
TDECU Insurance Agency Inc. continues to grow.
Lake Jackson, Texas, credit union buys Houston insurance agency.
Over the next five years, Texas Dow Employees Credit Union is expecting all of its CUSOs to continue to represent a significant portion of the cooperative’s overall earnings.
Texas Dow Employees Credit Union has created a holding company to manage its insurance, wealth advisory and real estate and title CUSOs.
Texas CU began offering iPhone, iPad, Android solutions in April, nearly doubling member adoption.