Quantcast
Friday, July 11, 2014
Financial Performance

NCUA Pegs Telesis Losses At $72 Million

JAN 8, 2013 1:40pm ET

ALEXANDRIA, Va. – NCUA said today that last year’s liquidation of Telesis Community CU, the year’s biggest failure, is projected to cost the National CU Share Insurance Fund losses of around $72 million, most of it on bad member business loans made by the one-time $615 million Chatsworth, California, credit...

To continue reading, log in, register or subscribe below.



Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Oct 20 - 22 | PayThink (formerly ATM, Debit & Prepaid Forum)

JW Marriott Desert Ridge
Phoenix, AZ
More Info

Oct 27 - 29 | Financial Services Collections & Operational Risk Conference

The Cosmopolitan
Las Vegas, NV
More Info

Already a subscriber? Log in here
Please note you must now log in with your email address and password.