Grand Rapids, Michigan – July 3rd, 2011
Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that a new credit union partner has purchased stock in the CUSO. Harris County Federal Credit Union ($121M, 15,600 members) based in Houston, Texas purchased an ownership block of 200 shares and became the 54th equal owner of the corporation confirmed Xtend President Scott Collins.
Collins also commented, “Harris County FCU has been one of our biggest supporters and clients during the past several years, so we are excited that they have decided to take this next step in our relationship. I have known Susan (CEO Susan Roberts) and their leadership team for many years, and their decision to invest in our CUSO helps reinforce in my mind that they share our collective vision for both Xtend and the industry in general. They have been great partners and I welcome them to the family with open arms.”
Harris County FCU is currently the only Texas-based owner of Xtend, Inc.