Private insurance could be an easy way out for credit unions wishing to become banks. But will the FDIC welcome them in?
Former state official says a California chartered credit union has never converted to a bank.
A 2011 opinion letter says state chartered credit unions could convert through a purchase and assumption transaction.
Read how new CEO Pam Easley will lead the CUSO beyond the legacy of the failed Telesis Community CU.
Learn new CEO Pam Easley's plans for the CUSO formerly owned by the failed Telesis Community CU.
Former American First CU CEO, Pamella Easley, takes over at business lending CUSO once owned by the failed Telesis Community CU.
Just because some founders of the Occupy Wall Street group have decided to launch a financial coop- erative that is not a credit union, doesn’t mean they are against the idea.
Federal judge says so in SEC case against alleged Ponzi schemer.
“This allows us to stay in the credit union family as a CUSO, with a strong strategic credit union as the majority owner."
Six months after Business Partners LLC, the member lending subsidiary founded by the failed Telesis Community Credit Union, changed owners, the CUSO is starting to emerge from a bleak and dark fog.