Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, recently announced to its sixty-nine credit union owners that first half fiscal revenues were 4.9% ahead of projections. Revenues for the six-month period ending March 31st also represented a 5.5% growth over the same period last year.

CUSO President Scott Collins noted, “We continue to see solid growth across all of our business units and we could not be happier. I am confident that these results show that our customer-owners are looking for creative ways to server their members. The fact that they are looking to Xtend, and our shared resources that they already own, helps validate both our business model and our value proposition.”

Collins also noted that sales of back office, compliance monitoring and contact center services exceeded expectation during the first half of the year. “Our SRS Bookkeeping and compliance support business units have picked up where they left off in fiscal 2012,” said Collins, “and our Xtension Call Center continue to be our fastest growing brand. I am looking forward to sharing our vision for the coming year at our upcoming June Stockholder Meeting, and our first half results have certainly helped set the stage for an exciting event.”