Peruvian lender to acquire Florida’s Helm Bank for $180M

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AI Summary

The acquisition includes residential real estate loans from borrowers whose primary homes are outside the U.S.; No explicit mention of Texas or Texas-specific entities.

Texas Relevance

The article does not explicitly mention Texas, TCUD, or any Texas-specific entities. The information provided is relevant to credit unions in general but does not pertain specifically to Texas CUs.

Original Content

The vast majority of Helm’s loans comprise residential real estate from borrowers whose primary homes are outside the U.S.