Telesis

• Community Bank Lobby Uses Telesis Collapse Against MBL Cap Hike

  By Marc Rapport  |  June 1, 2012

  The bank lobby took the opportunity Friday to point to a credit union failure as a reason to keep the current MBL cap.

• 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.

• Transparency, Frugality Good for Goose and Gander: Editor's Column

  By Sarah Snell Cooke  |  April 19, 2012

  A lot of the scuttlebutt around the industry over the last couple of weeks has been about transparency and fiscal responsibility.

• Loan Participation Underwriting May Expose Exam Weakness

  By Michelle A. Samaad  |  April 15, 2012

  For some credit unions, being able to get in a car and drive to a piece of commercial real estate that a member is trying to secure financing for is a pivotal part of the lending process. Scoping out the area where that strip mall or office building is located...

• 

  Telesis Woes Lead to Loan Participation Scrutiny: Print Preview

  By Michelle A. Samaad  |  April 5, 2012

  How much risk is too much is just one of the questions looked at in this preview article from next week's print edition.

• Loan Participation Charge-Offs, Delinquencies Higher at FISCUs

  By Michelle A. Samaad  |  April 5, 2012

  NCUA says federally insured, state-chartered credit unions represented 68% of all participations sold and 55% of participations bought.

• Loan Participation Originations May Trip Up Some Credit Unions: CUSO CEO

  By Michelle A. Samaad  |  April 3, 2012

  With the recent takeover of Telesis Community Credit Union, the intricacies of the loan participation transaction are in the spotlight.

• 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.

• Autoland to Continue Operating After Telesis Seizure, NCUA Clarifies

  By Michelle A. Samaad  |  March 28, 2012

  The NCUA has clarified that Autoland Inc., the auto buying CUSO co-owned by Telesis Community Credit Union, will continue to operate.

• Telesis Co-Owned Business Lending CUSO Will Continue Operating NCUA Says

  By Michelle A. Samaad  |  March 26, 2012

  Business Partners LLC, the CUSO founded by Telesis Community Credit Union in the early 1990s, will continue originating and servicing loans, the NCUA said Monday.