partner

• 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.

• Telesis Tab Reaches $72 Million

  January 16, 2013

  The NCUSIF has taken an estimated hit of $72 million due to the failure of Telesis Community Credit Union, NCUA Public Affairs Specialist John Fairbanks said Tuesday.

• Telesis Tumble Tab Reaches $72 Million for NCUSIF

  By Heather Anderson  |  January 8, 2013

  NCUA says $177 million also put into Premier America purchase and assumption deal for failed credit union's leftovers.

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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.

• 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.