Xtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, has announced to its owning credit unions that it would invest in additional staffing over the next six months to meet increased demand for its products and services. The announcement was made following the CUSO’s April 26th Board Meeting.
Xtend President Scott Collins commented, “Our CUSO is very much a manage-by-the-numbers business, and we consider ourselves very fortunate that those numbers are telling us it is prudent to invest in additional team members during the upcoming business cycle. We have seen solid increases in demand for our shared resources services across the board during the first half of our fiscal year, and we expect that trend continue into our 2013 fiscal year (October). More demand means more people on our end to execute, as well as continued investment in the development of our existing team and in new productivity tools. I am confident we will keep our HR team hopping over the next several quarters.”
Xtend currently employs a team of thirty-six (36) credit union professionals, but expects that to exceed forty by the end of the year. “As CEO of credit union-owned business and one that calls Michigan home, I hope that our continued success is a harbinger for the future in both Michigan and the industry we serve,” Collins concluded.