Regional CUSO Alliance

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  Loan Participations Are Focus of Trade Group

  By Michelle A. Samaad  |  May 29, 2012

  Coming from the banking industry with nearly 30 years of experience, Terry McHugh said it never ceases to amaze him on just how different credit unions are.

• Member Business Lending CUSOs Convene to Talk on Pressing Concerns

  By Michelle A. Samaad  |  May 17, 2012

  The Regional CUSO Alliance said it came together May 1-2 in Ann Arbor, Mich., to promote a business lending model that emphasizes local loan originations.

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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.

• Business Lending CUSOs to Share Best Practices

  By Michelle A. Samaad  |  March 28, 2012

  The 500-member Regional CUSO Alliance will meet in May to exchange best practices and address industry challenges and opportunities.

• 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.

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  Business Lending Gains May Come From Fresh Capital Seekers

  By Eileen Courter  |  February 5, 2012

  While the degree of optimism varies, a sampling of perspectives from business lending CUSOs suggests an economic upturn may be underway.

• Business Loan Personal Guarantees Might Not Fade Away

  By Michelle A. Samaad  |  June 23, 2010

  In the economy's heyday, when the flow of credit gushed abundantly to small businesses and lines of credit and leased new equipment were granted freely, some lenders seldom, if ever, asked for a personal guarantee. Then the recession hit.

• MBL Guarantee Removal May Expose CUs to Violations

  By Michelle A. Samaad  |  May 12, 2010

  The proposed elimination of personal guarantees could potentially cripple underwriting and punish those credit unions that have not "excessively abused their privileges," a group of 15 member business lending CUSOs recently wrote.

• MBL CUSOs Urge Businesses to Stand Behind Their Debt

  By Michelle A. Samaad  |  April 29, 2010

  The Regional CUSO Alliance, an association of member business lending CUSOs, said the proposed elimination of personal guarantees would cripple underwriting and punish those credit unions that have not "excessively abused their privileges."