cuasterisk.comXtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, has recently added back office administrative support for foreign ACH transactions to its portfolio of bookkeeping services. As of early September, international ACH support activities have become an additional feature for credit unions that have contracted the Xtend SRS (Shared Resources and Staff) bookkeeping specialists to handle daily share draft, ACH, and ATM exceptions. These new daily tasks include initiation of applicable OFAC scans and the subsequent posting of transactions and applicable fees once the scan returns a “passed” status. Read More
Press Tagged: SRS Bookkeeping
Xtend Announces a Record Sales Month
Xtend Inc. a multi-owned cooperative CUSO headquartered in Grand Rapids, Michigan, is reporting that sales volumes in February represented the largest month in its seven year history. Read More
CUSO Begins Construction of New Headquarters
Xtend, Inc., a multi-owned cooperative CUSO based in Grand Rapids, Michigan, recently began construction of its new headquarters location. Although the address will not have to change much — staff will continue to operate from within the facility that houses credit union partners from CU*Answers, WESCO Net, eDoc Innovations, and cuasterisk,com — the new space will bring together all twenty-three (23) full-time and part-time employees for the first time. Read More
Xtend SRS Bookkeeping Fills Valuable Niche
Credit unions gain more time to focus on Members!
The Xtend Financial Services CUSO is now supporting more than three dozen credit unions through its SRS (Shared Resources and Staff) Bookkeeping Services business unit. These clients are utilizing Xtend SRS for a variety of daily balancing and reconciliation services. Xtend offers this service to credit unions starting at $150 per week. Clients utilizing this service range in asset size from $5 – $200 million. Read More
Xtend Enters New Markets with Bookkeeping Business Unit
Shared Resources and Staff (SRS)business servicesare in higher demand than ever before.
Xtend, Inc., a multi-owned cooperative CUSO and strategic business partner of CU*Answers, has experienced unprecedented demand for its bookkeeping services over the past six months. These services, marketed under Xtend¡¦s SRS branding, have recently been expanded to include mortgage servicing, credit card servicing, and conversion services. These additional offerings, which were developed in response to growing demand from its CU*Answers client base, have helped both Xtend and its credit union partners to enter new markets. It is also provided many credit unions an opportunity to partner with and or enhance a variety of internal service offerings without having to hire additional internal staff. For many, this has provided significant cost savings. Read More
