CU Vehicles LLC

• Autoland Touts Profit

  March 8, 2013

  More business referrals from a growing roster of clients helped vehicle buying CUSO Autoland Inc. drive $93.2 million in loans to its credit union partners in 2012.

• Autoland Touts 2012 as Most Profitable Ever

  By Michelle Samaad  |  March 5, 2013

  Auto CUSO reports record year.

• No Word On Sale of Autoland

  By Michelle Samaad  |  November 5, 2012

  It’s been six months since the NCUA put Telesis Community Credit Union’s stake in Autoland Inc.’s up for sale, but the agency is mum on where the bidding process now stands.

• Autoland Reports 25% Sales Increase From 2011

  By Michelle A. Samaad  |  September 25, 2012

  A sustained demand for new cars has helped Autoland Inc. post positive earnings through August, the auto buying CUSO said.

• NCUA Stands Firm on Autoland Bids

  By Michelle A. Samaad  |  September 17, 2012

  The NCUA is standing by its decision to limit bids for Autoland Inc., an auto buying CUSO, to only credit unions and CUSOs.

• Rejected Autoland Bidder Cries Foul

  By Michelle A. Samaad  |  August 20, 2012

  Nearly three months after the NCUA was appointed the liquidating agent for Telesis Community Credit Union, the agency has been working behind the scenes to divest the cooperative’s roughly $4 million stake in Autoland Inc., an auto buying CUSO.

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  Rejected Autoland Bidder Cries Foul: Print Preview

  By Michelle A. Samaad  |  August 16, 2012

  The NCUA has been working behind the scenes to divest the former Telesis Community Credit Union's roughly $4 million stake in Autoland.

• Autoland Touts Financials

  By Michelle A. Samaad  |  June 18, 2012

  During the first quarter, vehicle buying CUSO Autoland Inc. reported a 16% sales increase over the same period last year.

• 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...

• Autoland Reports First Quarter Sales Increase

  By Michelle A. Samaad  |  June 4, 2012

  Vehicle buying CUSO Autoland Inc. said its first quarter earnings included a 16% sales increase over the same period last year.