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 ahead of budget in 3rd Q
GRAND RAPIDS, Mich. (8/3/11)--Through three quarters of its fiscal year, Xtend Inc., a Grand Rapids, Mich.-based multi-owned cooperative credit union service organization (CUSO), reported that it was ahead of budget in nearly every key measurement. Overall sales through three quarters grew 18.9% year-over-year, Xtend President Scott Collins noted in his quarterly report to stock holders. “Each of our business units exceeded its third-quarter 2010 revenue, several by double digits,” Collins said. Among the business units experiencing revenue growth were mortgage services (46.9%), Member Reach electronic member-communication service (35.8%), Xtension Call Center (11.6%), back-office bookkeeping (9.8%) and Audit Link compliance monitoring (7%). The CUSO reported that sales for the first six months of its fiscal year totaled $1.12 million. Expenses also were under budget, Collins said. Also during the third quarter, Xtend was selected as the National Collaborative CUSO of the Year at the National Association of Credit Union Service Organization annual meeting.


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
19 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
20 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
21 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
21 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
22 hours ago