The $1.7 billion Texas Dow Employees Credit Union has created aholding company to manage its insurance, wealth advisory and realestate and title CUSOs.
|Through the launch of TDECU Holdings LLC, the credit union hasbrought TDECU Insurance LLC, TDECU Wealth Advisors, TDECU RealEstate LLC and Century Oaks Title LLC under one managemententity.
|Timothy Belton has been named president/CEO of TDECU Holdings aswell as CEO of TDECU Insurance Agency and TDECU Real Estate.
|After consulting with TDECU since November 2010, Belton joined the credit unionearlier this year to lead the growth of the cooperative'ssubsidiaries.
|“All of our lines of business have experienced a strong growthyear, despite the down economy. We are confident this neworganization will drive continued growth and expansion across allbusiness lines, enabling TDECU with the growth capital it needs toserve more members,” Belton said.
|The Lake Jackson, Texas-based TDECU serves more than 150,000 members.
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