-
By Marc Rapport |
June 1, 2012
The bank lobby took the opportunity Friday to point to a credit union failure as a reason to keep the current MBL cap.
-
By Heather Anderson |
June 1, 2012
After years of losses from business lending, Telesis Community Credit Union was liquidated Friday and sold to Premier America Credit Union.
-
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.
-
By Jim Rubenstein |
May 7, 2012
Conserved California credit union continues five-year string of losses.
-
By Michelle A. Samaad |
May 2, 2012
Profitable for eighth consecutive year, with new interim president in place.
-
By Jim Rubenstein |
April 22, 2012
Many unanswered questions continued to swirl last week over the causes, fate and future course of the conserved $318 million Telesis Community Credit Union.
-
April 15, 2012
The $1.3 billion Premier America Credit Union has contracted with the NCUA to manage the assets of the seized $318 million Telesis Community Credit Union. Both credit unions are based in Chatsworth, Calif.
-
By Michelle A. Samaad |
April 15, 2012
For some credit unions, being able to get in a car and drive to a piece of commercial real estate that a member is trying to secure financing for is a pivotal part of the lending process. Scoping out the area where that strip mall or office building is located...
-
By Michelle A. Samaad |
April 9, 2012
The timing of criticism toward a regulatory proposal to limit loan participations to a certain percentage of a credit union’s net worth with the takeover of a California cooperative heavily steeped in the transactions may have created an ironic overlap.
-
By Michelle A. Samaad |
April 5, 2012
How much risk is too much is just one of the questions looked at in this preview article from next week's print edition.
