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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.
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By Jim Rubenstein |
April 1, 2012
After years on a regulatory watch list, NCUA and the California Department of Financial Institutions finally pulled the plug last week on the $318 million Telesis Community Credit Union, placing the Los Angeles-based credit union into conservatorship. The NCUA was appointed conservator, ending a troubled saga.
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By Michelle A. Samaad |
April 1, 2012
Since at least 2010, Telesis Community Credit Union’s member business loan program has been in a downward spiral.
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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.
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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.
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By Jim Rubenstein |
March 26, 2012
Seizure of California credit union puts focus on career of Grace Mayo, CEO and industry leader.
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By Michelle A. Samaad |
November 16, 2011
The $568 million Seattle Metropolitan Credit Union and the $379 million Verity Credit Union in Seattle are the newest clients.
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By Michelle A. Samaad |
March 31, 2011
Autoland Inc. said that for each vehicle purchased through the car-buying CUSO, it will donate a portion to assist those impacted by the earthquake and tsunami in Japan.
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By Michelle A. Samaad |
February 9, 2011
Credit union auto buying service Autoland Inc. said it is back in good standing after the Oregon Department of Consumer and Business Services issued an enforcement action against the firm for operating without a license.
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By Michelle A. Samaad |
January 30, 2011
The Oregon Department of Consumer and Business Services issued an enforcement action against Autoland Inc., a credit union auto buying service, for operating without a license in the state for more than six years.
