Jean Faenza

• Business Partners CUSO Has Loyal Customer in Sierra Point CU

  By Michelle A. Samaad  |  May 15, 2013

  By the 1990s, the lending landscape in South San Francisco had changed considerably since a group of teachers came together in 1954 to charter a new credit union for access to small, personal loans.

• Telesis Failure Blamed on Management, Board, Regulators

  By Heather Anderson  |  March 27, 2013

  The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.

• Inspector General Blames Management, Board, Regulators for Telesis Failure

  By Heather Anderson  |  March 21, 2013

  New report cites CEO's aggressiveness and risk-taking, compliant board, lax oversight in California credit union failure.

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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 CUSO Reports a Profit

  By Michelle A. Samaad  |  May 14, 2012

  The new interim president of Business Partners LLC said the business lending CUSO is on track to continue growing this year.

• Telesis-Founded Business Lending CUSO Releases Audit Results

  By Michelle A. Samaad  |  May 2, 2012

  Profitable for eighth consecutive year, with new interim president in place.

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  Business Lending Losses Bring Down Telesis

  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.

• Telesis CEO Grace Mayo a ‘Leader, Innovator’ Says Michigan CUSO CEO

  By Michelle A. Samaad  |  March 26, 2012

  At a time when credit unions were treading lightly, Telesis Community Credit Union was considered by some to be an early leader in the commercial lending space.

• Lending Exchange Brings Loan Buyers, Sellers Together

  By Michelle A. Samaad  |  January 26, 2011

  An online marketplace that connects financial institutions looking to purchase loans with those who are selling loans is the premise behind BP Connect, a new venture from Business Partners LLC, a business lending CUSO.