Xtend, a shared resource CUSO, continued its trend of adding new owners as it announced eleven credit unions had purchased stock since October. This puts the CUSO at 103 owners, and 24 new owners in the past year.
The new owners include: ANECA FCU (Shreveport, LA), Chief Financial Credit Union (Rochester Hills, MI), Circle FCU (Niles, MI), Firefighters Credit Union (Onalaska, WI), Great Lakes First Financial Credit Union (Escanaba, MI), Hawaii Central FCU (Honolulu, HI), Santa Barbara County FCU (Santa Barbara, CA), Shoreline Hometown Credit Union (Manitowoc, WI), Thinkwise Credit Union (San Bernardino, CA), Union Pacific Streamliner FCU (Omaha, NE), and Western Division Credit Union (Williamsville, NY).
“We are beyond grateful for the support we have seen throughout the past year from both our current and new owners,” said Liz Winninger, President/CEO of Xtend. “The influx of new owners is a testament to the CUSO’s model, and the targets our board of directors strive for each year. Xtend is built to align with our credit union and CUSO owners, which makes our mission more powerful each day. I hope we see this trend continue, but even more importantly, I hope we continue to drive the value of ownership for our clients and create sustainable credit unions for years to come.”