When the numbers were tallied, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that it had experienced another year of significant growth for its loan servicing business unit. The unit is part of the CUSO’s Shared Resources and Staff (SRS) back office support team, and currently serves more than three dozen credit unions…
Xtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that its Board of Directors has ratified two new credit union stockholders. With the new owners, the twelve-year-old CUSO now has eighty-five equal stockholders that are located in seventeen states and the District of Columbia. The newest credit union owners are $51.9 million DGE FCU…
News of impressive results continued for Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, whose 1st quarter fiscal results for the 2015 fiscal year were released to owners of the twelve-year-old business earlier today. In his quarterly newsletter to stockholders, Xtend President Scott Collins wrote, “I couldn’t be happier with the way the team…
At its December board meeting, the Board of Directors for Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, approved a facility expansion project that would add 20% more space for the Xtension Contact Center. The project, which is expected to be completed by the end of January 2015, allows the CUSO to add more…
In an email communication from President Scott Collins to its eighty-three (83) owners, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that it has issued its third stock dividend in four years following its 2014 fiscal performance. The CUSO’s fiscal year, which ended on September 30, included record-setting performances in total sales, year-on-year…
November has been a busy month for the Xtension Call Center at Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO. Over the past several weeks its agents have supported back-to-back core data processing conversions by answering inbound member service calls for Oshkosh, Wisconsin-based CitizensFirst Credit Union (47K members; $582M in assets) and Danville, Virginia-based…
Typically, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, has a lot of credit unions take advantage of its stand-in back office support, and this year is shaping up to be another busy holiday season. Xtend offers this service to all credit unions that utilize the CU*BASE® core data processing system implemented by fellow…
Over the past year, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, experienced a continued high demand for its compliance monitoring services. Since January of 2014, Xtend’s AuditLink support business unit saw its client base increase by more than eighteen (18) percent. Xtend President Scott Collins noted, “Our compliance monitoring service is a three-way…
When Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, tallied up the numbers following its September 30th fiscal year end, the results showed a year-on-year revenue growth of 28.9% from its record 2013 fiscal year performance. Xtend President Scott Collins attributed the success to “a year of hard work by a tremendous team of…
At its October 23rd meeting, the Board of Directors for Xtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, welcomed four (4) new credit unions to its ownership ranks. With the new owners, the twelve year-old CUSO now has eighty-two (82) equal stockholders. Xtend President Scott Collins felt that the new owners were “a validation…