Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Xtend boasts best year yet
GRAND RAPIDS, Mich. (12/17/10)--Xtend Inc. had a special year in 2010, highlighted by the credit union service organization (CUSO) passing the $1 million sales mark for the first time. Preliminary numbers for the CUSO (for the fiscal year ending Sept. 30) reflected greater sales--1.33 million, a 47.6% increase for all of their business units. The largest hikes over 2009 results were seen at the Xtension Call Center ($406,000; up 107%), Communication Services ($157,000; up 79%), SRS Bookkeeping ($449,000, a 31% increase), Audit Link compliance-related services ($195,000; a 43% increase) and Mortgage Servicing ($99,000; a 21% increase). Xtend also reported a 37% overall revenue for its Member Reach e-messaging service, which delivered more than 3.5 million messages to members of 53 credit unions. Scott Collins, president of Xtend, said credit unions used Member Reach more this year to communicate regulatory changes and market new services.


RSS print
News Now LiveWire
.@TheNCUA open board meeting starts at 10 a.m. ET tomorrow. It is board member J. Mark McWatters' first. Watch @NewsNowLiveWire
13 hours ago
.@CFPB is proposing to oversee larger nonbank auto finance companies for the first time at the federal level.
14 hours ago
.@CUNA's Bill Hampel moderates a discussion on the future of credit unions in the post-100 million member world. http://t.co/kcXykiRQVn
17 hours ago
#Breaking: QE likely to end next month, @federalreserve says #NewsNow #Market http://t.co/u7Fb5l5fwM
17 hours ago
.@Experian study confirms that building a credit history is beneficial to financial marginalized communities. 64M are "credit invisibles"
17 hours ago