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
The Hill reports House Republicans plan to delay Aug. recess to stay in D.C. until they have enough votes to pass bill on border crisis.
4 hours ago
The FHLBs of Des Moines and Seattle announce they have entered into an exclusivity arrangement regarding potential merger of the 2 entities.
5 hours ago
SunCorp and @AlloyaCorp have announced their intent to merge.
7 hours ago
.@TheNCUA bars former employee of Southwest Communities FCU,Melissa Rosing,from work at any federally insured FI. http://t.co/owtVnPxVZT
7 hours ago
Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
10 hours ago