TDECU says indirect lending in Houston alone up 50% year-over-year.
Governance questions may not get more visceral – who makes the biggest decisions at a credit union? The question is easy to ask, but for some, it can be bafflingly hard to answer.
I read with great interest Edward Speed’s Guest Opinion [July 18 issue, page 12]. I appreciate Speed sharing his thoughts about regulators, trade associations, CUSOs and business lending. We need to dialog about the issues we face so that collectively we can make the right decisions.
This fall will bring a few changes in leadership at Texas DOW Employees Credit Union. President/CEO Ed Speed has announced he will retire effective Oct. 1.
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.