Running counter to prevailing trends, the $1.4 billion Texas Dow Employees Credit Union detailed Thursday what it described as an "aggressive expansion and growth" plan encompassing five new branches in east Texas for 2010.
TDECU, with 19 facilities and based in Lake Jackson, said it already opened one of its branches in Edna a week ago and has a new "footprint" now with facilities in Port Lavaca and West Columbia. Other branches opening in the spring includes those in Victoria and Cuero.
In a press statement, Ed Speed, president/CEO, acknowledged it has been a "tumultuous year for the financial industry" but TDECU has managed to weather "the uncertain climate and solidified its position."
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