Farmers Insurance Group Federal Credit Union in Los Angeles

• Business Partners Sees Hope

  By Michelle A. Samaad  |  May 1, 2013

  Six months after Business Partners LLC, the member lending subsidiary founded by the failed Telesis Community Credit Union, changed owners, the CUSO is starting to emerge from a bleak and dark fog.

• After CU Ownership Change, Business Partners Reaps Profits, Strong Capital

  By Michelle A. Samaad  |  April 22, 2013

  Reduction in overhead costs cited as largest contributor to CUSO's recent performance post-Telesis.

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  Telesis Took a Belly Flop

  By Michelle A. Samaad  |  December 19, 2012

  The NCUA announced on April 2 that it has contracted with the $1.3 billion Premier America Credit Union to manage the assets of the $318 million Telesis Community Credit Union during Telesis’s conservatorship. Both credit unions are based in Chatsworth, Calif.

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  New Owners Seek to Rebuild Business Partners Brand

  By Michelle A. Samaad  |  December 5, 2012

  When a litany of loan and management problems led to the demise of Telesis Community Credit Union earlier this year, the business lending CUSO it founded 17 years ago likely knew it would inherit a perception problem within the industry.

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  New Owners Seek to Rebuild Business Partners Brand: Print Preview

  By Michelle A. Samaad  |  November 29, 2012

  This preview from next week's print edition focuses on the challenge faced by Business Partners LLC following the Telesis collapse.

• Telesis Co-Owned Business Partners CUSO Announces New Owners

  By Michelle A. Samaad  |  November 20, 2012

  Three credit unions form managing partner group to lead ownership of member business lending CUSO.