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Telesis Liquidated, Sold to Premier America
By Heather AndersonAfter years of losses from business lending, Telesis Community Credit Union was liquidated Friday and sold to Premier America Credit Union.
CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
After years of losses from business lending, Telesis Community Credit Union was liquidated Friday and sold to Premier America Credit Union.