Premier America

• Telesis CUSO Shares Retained by NCUA

  By Heather Anderson  |  June 11, 2012

  The California Department of Financial Institutions liquidated the $301 million Telesis Community Credit Union of Chatsworth, Calif., June 1 and appointed the NCUA as liquidating agent. The $1.3 billion Premier America Credit Union of Chatsworth, Calif., which had been managing Telesis since mid-April, purchased and assumed Telesis’ members, deposits, core...

• NCUA Keeps Telesis’ CUSO Assets

  By Heather Anderson  |  June 4, 2012

  The NCUA has retained the liquidated Telesis Community Credit Union’s CUSO shares, an agency spokesman said, but he did not know its future plans.

• Telesis Liquidated, Sold to Premier America

  By Heather Anderson  |  June 1, 2012

  After years of losses from business lending, Telesis Community Credit Union was liquidated Friday and sold to Premier America Credit Union.

• Telesis Management Taken Over by Premier America

  April 15, 2012

  The $1.3 billion Premier America Credit Union has contracted with the NCUA to manage the assets of the seized $318 million Telesis Community Credit Union. Both credit unions are based in Chatsworth, Calif.

• Telesis Management Taken Over by Premier America CU

  By Sarah Snell Cooke  |  April 2, 2012

  The NCUA announced Monday evening that the $1.3 billion Premier America CU would take over management of $318 million Telesis Community CU.