American Banker
MAY 1, 2024
Texas Dow Employees Credit Union has agreed to acquire Sabine State Bank and Trust in Louisiana to raise its profile in the oil-and-gas industry. The deal coincides with record levels of U.S. drilling this year.
American Banker
DECEMBER 20, 2023
The Justice Department and the Consumer Financial Protection Bureau are suing a real estate developer over an alleged bait-and-switch land-sale scheme near Houston. The developer used TikTok and other social media sites to lure Hispanic immigrants into predatory loans, the government alleges.
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Abrigo
JUNE 2, 2015
Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.
American Banker
JUNE 28, 2016
Amegy Bank of Texas in Houston has promoted Laif Afseth from executive director of commercial and industrial lending to president of the company.
PYMNTS
MARCH 31, 2020
COVID-19 is spurring firms that rely on consumer spending, and on lending to finance big-ticket purchases, to invent new ways to keep business flowing – with a nod to the fact that the uncertain economic impact of the virus may hurt consumers’ near-term ability to pay for those items. Necessity, as they say, is the mother of invention.
PYMNTS
SEPTEMBER 28, 2020
Bankruptcy Court for the Southern District of Texas, Houston Division. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said.
PYMNTS
AUGUST 17, 2020
As reported by CNBC , United Airlines said in late July that its September domestic schedule is down 40 percent from 2019 levels, even as some international flights like Chicago to Tel Aviv, Chicago to Hong Kong, and Houston to Amsterdam have been added back to the schedule. The four largest U.S. billion loan.”.
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