TDECU is lending $28 million for this new hospital in Sweeny, Texas (Rendering courtesy of Sweeny Community Hospital District). TDECU is lending $28 million for this new hospital in Sweeny, Texas (Rendering courtesy of Sweeny Community Hospital District).

Texas Dow Employees Credit Union of Houston announced Thursday it has closed a $28 million loan to build a new local hospital — another sign of building momentum for commercial lending.

Although the Mortgage Bankers Association said it expects commercial real estate lending to fall in this year’s second half, the signs for credit unions and other lenders through the second quarter have shown strong growth.

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Jim DuPlessis

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