Xtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that its Board of Directors has appointed Mark Richter, President/CEO of Grandville, Michigan-based First United Federal Credit Union to fill the vacant seat on its nine-member Board.
CUSO Board Chairman Steve Searfoss noted that Mr. Richter was selected from a very talented pool of nominees. “We had leaders from more than 10% of our owners throw their hats into the ring for this open seat,” said Searfoss. “We were pleasantly surprised but certainly pleased with the tremendous outpouring of interest, and collectively our board feels this is a harbinger of more great things to come for the Xtend cooperative. We congratulate Mark on his selection, and I know he would be the first to encourage all of his peers to stay active in our growing CUSO.”
“Mark has been an adamant supporter of both Xtend and our partners over at CU*Answers for many years,” said Xtend President Scott Collins, “and we were pleased that he was interested in becoming active at the board level. Since I have known him, Mark has passionately participated in local, regional and national industry groups, as well as numerous strategic collaborative events with his peers in the cuasterisk.com network. There is no doubt he will bring that same passion to our board. On behalf of the Board of Directors, I would like to officially welcome Mark to the team and thank him in advance for his service to our growing enterprise.”