cuasterisk.comCUSOs pair for prepaid gift card and reloadable card solutions!
Grand Rapids, Michigan – August 11, 2008 Xtend, Inc., a Grand Rapids, Michigan-based financial services CUSO, has chosen Member Access Pacific (MAP), a Seattle-based CUSO, as its prepaid gift card and reloadable card solution partner. Through this partnership, Xtend will market Member Access Pacific prepaid and reloadable cards based on its relationship with over 165 credit unions nationwide, representing 1.5 million members and $10 billion in credit union assets.
“We are excited about this collaboration between our two CUSOs,” says Scott Collins, President of Xtend. “This new partnership with MAP will allow our credit unions to deliver a cost-effective, professional gift card and reloadable plastic alternative to their members with no up-front investment. By leveraging the skill sets of each CUSO, I am confident we can deliver the value our credit union partners expect at a price point they cannot ignore.”
“We are delighted to enter into this business partnership with the Xtend CUSO and its credit union owners,” said Member Access Pacific President and CEO, Cyndie Martini. “The Xtend-MAP partnership is an excellent example of how CUSOs can work together to deliver premier products and services with attractive pricing to credit unions nationwide.”
Member Access Pacific prepaid and reloadable card solutions will be available to members of Xtend partner credit unions beginning in September.
About the Partner
CU*Answers
CU*Answers was founded over 35 years ago and is a 100% Credit Union owned CUSO located in Grand Rapids, Michigan. CU*Answers offers a wide variety of services for credit unions including its flagship CU*BASE Processing System in both an Online (ASP) and In-house environment, Internet Development Services featuring the It’s Me 247 Online Banking product, Member Check Processing and Direct Deposit processing services. CU*Answers provides combined services to 165 credit unions nationally representing nearly 1.5 million members and $10 billion in credit union assets. For more information about how “We Make Credit Unions Go” please visit CU*Answers at cuanswers.com.
Xtend
About Xtend (www.xtendcu.com): Xtend, Inc. is a 100% credit union-owned CUSO formed in 2002 with headquarters in Grand Rapids, Michigan. Xtend provides a wide array of managerial, operational, marketing, technical planning and consulting services for credit unions of all sizes. In short, Xtend is an aggregation point for shared resources that allows credit unions to deliver products and services more costeffectively. Their strategic offerings include bookkeeping services, inbound and outbound member contact services, back-office mortgage services, partnered liquidity opportunities, shared branching, compliance monitoring, and insurance services. Xtend provides services for over 100 credit unions representing more than 800,000 members and $6B in assets. The CUSO is currently owned by 45 credit union partners.
