Xtend Hosts 8th Annual Stockholder Meeting

Grand Rapids, Michigan – July 6th, 2011
This past week, Xtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, welcomed its owners to the 8th Annual Stockholders’ Meeting. This year’s event, which was held at their Grand Rapids headquarters, was the CUSO’s largest to-date. It also served as the kickoff for a week-long series of networking events hosted by its sister CUSO, CU*Answers.

“We had a great turnout at this year’s meeting,” noted Xtend President Scott Collins, “and I am pleased to report that all of the credit union CEOs I have spoken with were very excited about how far we have come as a company and the direction we are heading. The message I shared with our owners was our CUSO’s desire to ‘set a pace’ of growth within our network of partners by bringing more opportunity across the board. Whether it’s establishing new partnerships with our fellow CUSOs or helping credit unions drive more loan pipeline activity in their shops, we believe we will be a catalyst for mining and delivering opportunity at a higher rate than any of us can do on our own.”

During the meeting, stockholders re-elected two Board Directors to three-year terms – Steve Searfoss (South Bend, IN-based AAA FCU) and Barb Niedbala (Rogers City, MI-based Calcite CU).