LYNN, Mass. – A federal court agreed last week to delay the foreclosure sale for a Lynn homeowner for six weeks while he negotiates a last-minute troubled loan modification with his lender, Webster First FCU, the central Massachusetts credit union that obtained the mortgage after it acquired Saugus FCU last year.

As first quarter numbers trickle in, performance among credit unions in the Sand States is a mixed bag.

CHATSWORTH, Calif. – NCUA reported this afternoon that troubled Telesis Community CU had a loss of $13.6 million for the first quarter as its net worth deteriorated further from 4.6% at year-end 2011 to just 1.3% at March 31.

HARBOR, Ore. – NCUA said this afternoon that Chetco FCU, the one-time $375 million credit union it has been running under conservatorship since last September, lost a staggering $20 million in the first quarter, extinguishing all of its capital and undivided earnings.

CLEVELAND – A purported Macedonian crime kingpin obtained millions of dollars in fraudulent loans from the now-defunct St. Paul Croatian FCU after he threatened to shoot the credit union’s CEO and his family, federal authorities alleged today in documents filed with the federal court.

PENSACOLA, Fla. -- The Escambia County Commission approved the sale of the 240-acre Langley Bell 4-H Center to Navy FCU yesterday for $3.6 million, clearing the way for expansion of the credit union giant’s vast call center, the biggest credit union facility in the nation.

HUNTINGTON, W.Va. – A robber who dressed as a security guard and used a replica gun to hold up First Priority FCU in Barboursville last August was sentenced to 151 months in prison on Thursday.

PORTSMOUTH, N.H. – Service CU has pledge $25,000 to be the lead sponsor of the Gala Celebration to be held at the new Hampton Beach Seashell at The New Hampshire State Park, on June 1 and 2.

CHATSWORTH, Calif. – Premier America CU has renewed its contract with TMG for credit and debit card processing.

GRAND RAPIDS, Mich. – Xtend yesterday announced plans to deploy a monthly settlement service for credit unions participating in its Xtend Shared Branching Network.

WILLIAMSBURG, Va. – The former Lexington, George Washington Inn and Conference Center on Merrimac Trail in York County sold for $795,000 at auction Tuesday to the 14 credit unions, led by Langley FCU, which loaned money to the former owner.

COLORADO SPRINGS, Colo. – Farmers Insurance Group FCU sold the Garden of the Gods Campground near Manitou Springs to Memphis, Tenn.-based RVC Outdoor Destinations as part of its expansion into the Western U.S. with a chain of outdoor and recreational vehicle resorts.

WASHINGTON – Long-term mortgage rates declined again this week to new depths, according to Freddie Mac.

WASHINGTON – Freddie Mac reported a $1.2 billion first quarter loss yesterday, necessitating another $19 million in federal bailout assistance.

SAN DIEGO – Mitek Systems, creator of popular mobile remote deposit capture technology, reported a $2.8 million loss for the fiscal second quarter yesterday, as it presses a patent dispute with its one-time customer USAA over the technology.

MURRIETA, Calif. – Two men were arrested and charged with assault with a deadly weapon after they beat a man repossessing their pickup truck for a credit union and took back the truck.

YUMA, Ariz.– NCUA said this afternoon that AEA FCU, the one-time $410 million credit union which was victimized by a massive MBL fraud, continues to operate with zero capital, despite a $20 million emergency NCUA loan it is allowed to count as net worth.

ATLANTA – Processing giant First Data Corp. reported this morning its core businesses continue to grow but debt service left over from the $27 billion 2007 leveraged buyout by Kohlberg Kravis Roberts & Co. continued to generate huge losses.

MANHATTAN BEACH, Calif. – Kinecta FCU, the one-time $4.5 billion credit union that has struggled through the state’s recession, reported a $10.1 million net this morning for the first quarter, after a $30.6 million loss for 2011—the latest California giant to return to profitability.

SAN FRANCISCO – Visa shares slumped almost 5% in after-hours trading yesterday after the cards giant disclosed the U.S. Justice Department is investigating the company’s fee changes made in response to debit interchange regulations that are part of the Durbin Amendment.