Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
FY 2011 sales up for Xtend
GRAND RAPIDS, Mich. (11/29/11)--Xtend Inc. a Grand Rapids, Mich.-based multi-owned cooperative credit union service organization, reported a record performance for fiscal year 2011. 

Sales for the fiscal year ended Sept. 30 totaled $1.52 million, surpassing the previous high of $1.33 million in 2010.

Overall sales grew 14.9% year-over-year, led by the CUSO's mortgage servicing and member reach business units, which were up 44% and 34%, respectively, from 2010 figures.

"There were signs all around us that the credit unions in our market space would continue to seek creative, innovative, and most importantly, cost-effective solutions in their front and back offices," said Scott Collins, Xtend president. "Whether it was due to increased regulatory activity, a struggling economy, competitive pressures or all of the above, we had to be ready to help the credit unions in our network respond to a very challenging marketplace."

Xtend provides managerial, operational, marketing, technical planning and consulting services for credit unions of all sizes.


RSS print
News Now LiveWire
Even 1 step makes a difference in preparing for disasters #creditunions #NewsNow http://t.co/eFUmMJnIwA
2 hours ago
From today's @USATODAY front page, a shout out to #CreditUnions courtesy of @CUNA http://t.co/881vLPeECN
3 hours ago
Happy anniversary to the ATM! 45 years of self-service cash HT @GOBankingRates http://t.co/ycsm3GFwk5
5 hours ago
.@USATODAY print edition features #creditunion membership march to #100mm. Zoom in on lower left hand corner #NewsNow http://t.co/Xv8fyX7ces
5 hours ago
No special assessment for ASI member #creditunions in 2014. See #NewsNow http://t.co/NwL9eJwbiQ
6 hours ago