ICBA says Telesis Community lending practices shows why Senate member business lending bill "threatens the entire credit union sector."
Seizure of California credit union puts focus on career of Grace Mayo, CEO and industry leader.
California credit union placed into conservatorship on Friday; questions remain whether overreach contributed.
Several of Telesis Community Credit Union member business loan categories have been in a free-fall since at least 2010.
Payment to David Maus at $1.1 billion Public Service Employees CU in Denver represented retirement payout, credit union says.
Telesis Community Credit Union in Chatsworth, Calif. is continuing its recovery efforts on several out of state commercial real estate property loans that are in default.
A year after Telesis Community Credit Union filed a breach of contract claim against an Orlando shopping center, the owners of the property have filed a Chapter 11 bankruptcy petition.