InvesTex Credit Union recently broke ground on a new branch in the Houston Heights area to relocate current operations from its North Loop 610 West location. Construction is slated to be completed by the end of 2010 or early 2011.

"This new branch was designed to represent the future of InvesTex Credit Union" said CEO Keith Kearney, "and future branches will be built with a similar design to promoting the InvesTex brand and ensuring the best service possible for its members."

The $93 million credit union began branching out in 2005 by deploying locations in retail centers throughout its field of membership. InvesTex strategically selected leased property build-outs to inexpensively and quickly enter markets and build demand. Despite the recent recession, Kearney said the credit union is enjoying tremendous success and is surging forward with a total of five branches.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.