Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Xtend Partners With CUSO Financial Services
GRAND RAPIDS, Mich. (3/15/13)--Xtend Inc., the Grand Rapids, Mich.-based credit union service organization (CUSO), and CUSO Financial Services LLP, a San Diego, Calif.-based investment CUSO, have formed a strategic marketing agreement to bring investment services to members of Xtend's customer-owners. 

Xtend President Scott Collins called the new partnership "a huge opportunity for our customer-owners" during a recent Web conference introducing CUSO Financial Services to a group of more than 60 credit unions. 

"Many mid-market credit unions have been unable to call member investment services a core competency, compared with their larger industry peers," Collins added. "For many it was simply a lack of investable assets or resource limitations. Others had dabbled with in-house or partnered programs that had moderate or little success. But we remained convinced that offering this service to members would be a must-have for credit unions to stay relevant in tomorrow's marketplace." 

Xtend's data processing CUSO partner, CU*Answers Inc., is helping drive the new initiative through integration with its CU*BASE core application suite, Collins said. "We believe this brings a combination of core software, member awareness machinery and professional investment brokers to the mid-market in a way that it has not been done before," Collins added. "It will be fun to watch these programs gain traction with members."


RSS





print
News Now LiveWire
Feb. home prices climb 4.6% year over year: Black Knight #Market #NewsNow http://t.co/UuWCeZiIqu
1 hour ago
.@TheNCUA recieved 2,167 comment letters on #RBC2 proposal, as of this morning. http://t.co/ijPFHItc8J
3 hours ago
.@TheKCUA's CUlead gets close up with co-ops http://t.co/r3gxAxx4pI #NewsNow
4 hours ago
.@NYCUAtweets in Albany today/Wed for #StateGAC
4 hours ago
#RBC2: When is final draft on the horizon? See #NewsNow http://t.co/FoiXb48Dqh
4 hours ago