Compliance Service Adds Two New Clients

Grand Rapids, Michigan-based multi-owned cooperative CUSO Xtend, Inc. is now providing its Audit Link compliance monitoring services for two new credit union clients.  The new clients – Milwaukee, Wisconsin-based Brewery Credit Union ($34.8M in assets and roughly 7,300 members) and Merrill, Wisconsin-based Park City Credit Union ($144M in assets an approximately 23,000 members) – began using the service in early January.

“Based on the current compliance environment and the burden it is placing on the industry, our Audit Link service continues to be embraced by credit unions of all sizes,” reports Xtend President Scott Collins.  “Our overall goal when we launched the service three years ago was to develop a cost-effective solution that handled many of the repetitive tasks on behalf of our partners so that they could focus on serving members and growing their businesses.  We believe that these latest two partners help validate that our model is working, and doing so across a broadening demographic.  Although both Brewery and Park City are based in Wisconsin, each had very different pain points that led them to consider plugging in our team of specialists.  We look forward to helping both credit unions manage their compliance-related costs moving forward.”

Collins noted that Audit Link now supports twenty-seven (27) credit unions nationally.