Eastern Financial Florida Credit Union

• More Lessons Emerge With Details on Telesis Collapse

  By Michelle A. Samaad  |  April 3, 2013

  While it’s been a little over a year since Telesis Community Credit Union went under conservatorship, credit unions may find there are still more lessons to learn from the cooperative’s collapse.

• 4 Lessons Learned From Telesis Failure

  By Michelle A. Samaad  |  March 21, 2013

  Business services specialist points at MBL exposure, loan loss allowances, dependence on CUSO revenue, high operating expenses.

• Space Coast CU $100 Million CDO Suit Dismissed, Court Permits Amended Complaint

  By Michelle A. Samaad  |  March 20, 2013

  Judge says complaints lacked detail on fraud allegations against brokers but that credit union can come back with more details.

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  Loan Broker Relationships Put CUSOs in the Spotlight

  By Michelle A. Samaad  |  February 27, 2013

  In 2012, the NCUA reported nearly 1,500 federally insured credit unions had loan participations with total balances of nearly $13 billion.

• Space Coast CU’s Mortgage-Backed Securities Suit on Hold

  By Michelle A. Samaad  |  February 8, 2013

  Federal court in Florida says it needs more time to review motions from banks and ratings agencies.

• Space Coast Announces Asset Spinoff to Alive CU

  By Heather Anderson  |  August 3, 2012

  Smaller Jacksonville credit union to get members, two branches and other assets from $3 billion Space Coast in market move approved by NCUA, state.

• Space Coast CU Dropped From Suit

  July 16, 2012

  A loan participation suit filed two years ago against the defunct Eastern Financial Florida Credit Union to recoup millions in losses will not include Space Coast Credit Union, a federal court recently ruled.

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  11 Largest Branch Operations Among Credit Unions, And Why

  By Peter Strozniak  |  July 11, 2012

  Branches going bye bye? Not among these top 11 credit unions. (It's a top 10 list with a tie for No. 10.)

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  11 Largest Branch Operations Among Credit Unions, And Why

  By Peter Strozniak  |  July 11, 2012

  Branches going bye bye? Not among these top 11 credit unions. (It's a top 10 list with a tie for No. 10.)

• Space Coast Dismissed from Sperry Associates FCU Loan Participation Suit

  By Michelle A. Samaad  |  July 9, 2012

  Federal court says not enough merit to proceed in case over participation loan losses.