Xtend, Inc., the thirteen-year-old Grand Rapids, Michigan-based cooperative CUSO, announced its newest credit union stakeholder – Redondo, California-based South Bay Credit Union (www.sbcu.org).

Xtend President Scott Collins welcomed SBCU to the CUSO by noting, “Jennifer Oliver (SBCU CEO) has been a huge supporter of the efforts of our cuasterisk.com network since we first met a half-dozen years ago. Her active participation in focus groups, leadership events and the CU*Northwest (Liberty Lake, Washington based data processing CUSO) Board of Directors demonstrates her willingness to ‘walk the talk’ for our industry and our CUSO network in particular. We are excited to welcome Jen, her Board of Directors, and her team to our ownership family.”

SBCU is the second California-based credit union to buy Xtend stock; the CUSO now has eighty-three equal owners.