LAKE JACKSON, Texas – Texas Dow Employees CU announced today that Ed Speed, who build the credit union into one of the healthiest big credit unions in the country, is retiring October 1.

Speed will be succeeded by Stephanie Sherrodd, the $2 billion credit union’s executive vice president and chief operating officer. Sherrodd joined TDECU in 2004 as the vice president of branch administration and has been in her current position since 2010. Prior to joining TDECU she was chief operating officer at Warren Federal Credit Union in Wyoming.

Speed has headed the Texas credit union giant for a decade, building it from $700 million in assets.


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