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

Products Archive

Products

Xtend Reports Growth in Revenue, Ownership, Clients

 Permanent link
GRAND RAPIDS, Mich. (12/12/13)--Xtend, a Grand Rapids, Mich.-based credit union service organization (CUSO), reported growth in revenue, ownership by credit unions and client agreements.
 
The CUSO announced that 2013 fiscal year revenues for the period ending Sept. 30, surpassed $2 million for the first time. Xtend saw year-on-year growth in each of its business units during that period. 
 
Two new credit unions have signed on as new owners of the CUSO, which specializes in providing back office, compliance monitoring and contact center services to credit unions and CUSOs across the country. The new owners are $114 million-asset United Educational CU, Battle Creek, Mich., and $60 million-asset NorthPark Community CU, Indianapolis.
 
Xtend also reported it had signed eight new credit union clients.