Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, recently hosted over one hundred credit union professionals at its 14th Annual Stockholder Meeting. The meeting was presided over by Xtend Board Chair Barbara Mills, CEO of Calcite Credit Union in Rogers City, Michigan.

During the meeting, ballots were cast to select three Directors that would serve the CUSO for a three-year term starting October 1st, 2016. Following the tally of the ballots, Board Chair Mills announced that Andy Fogle, CEO of Des Moines Police Officers CU, Carma Peters, CEO of Michigan Legacy CU and Mark Richter, CEO of First United CU had been elected. Andy Fogle will be serving his first term, but both Peters and Richter are currently serving on the Xtend Board. In addition to the election of Directors, the CUSO owners also passed a provision to its bylaws to facilitate electronic voting in future elections.

“It was my pleasure to host our Stockholder Annual Meeting again this year,” said Board Chair Mills. “We had a lot of new faces in the audience, so it gave us a great opportunity to highlight our successes, our planned investments and our ongoing stewardship of their investment in our CUSO. Kudos to [Xtend President Scott Collins] and his team for a great meeting.”

During the meeting both Mills and Collins acknowledged Director Glenn Kretchmer for serving on the CUSO Board since its inception in 2003.