Texas Dow Employees CU Acquires Local Real Estate Firm
LAKE JACKSON, Texas – Texas Dow Employees CU has purchased Birdsong Real Estate of Lake Jackson which, on May 1, will begin operating as TDECU Real Estate LLC – powered by Birdsong.
The $1.6 billion credit union added Ed Birdsong and agents of his firm to assist members in buying and selling real estate. TDECU also offers mortgage lending, homeowners insurance and title insurance. “Over the last 18 years, Ed Birdsong and his team have built Birdsong Real Estate into the single largest local real estate firm in Lake Jackson, commanding an impressive 25% of the market of single-family residential real estate transactions,” said Edward Speed, president of the credit union.
Financial terms of the deal were not disclosed.