Annual Meeting Changes Venue
Grand Rapids, Michigan – May 30th, 2012 – Xtend, Inc., a Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced recently that its 2012 Annual Stockholders Meeting was changing venues in response to a growing number of attendees and its expansion as a company. The meeting will be held June 19th at Watermark Country Club in Grand Rapids, Michigan.
CUSO President Scott Collins says, “The decision by the Board of Directors to move our annual meeting off-site was a relatively easy one based on the increase in participation over the past several years and the ability for our budget to support a larger event. Perhaps more important, in my opinion, was that moving the meeting outside the office represents a significant milestone in our growth as a company. Since our annual meeting is our biggest chance to say thank you to our owning credit unions, those credit unions who buy our services as a non-owner and the strategic business partners that have embraced our business plan as part of theirs, we think this new location will not only be perfect for the business meeting portion of the event, it should also provide a great atmosphere for the ‘Thank You’ reception that follows.”
Collins concludes by noting, “Our partners at CU*Answers (fellow Grand Rapids-based cooperative CUSO) have established an extremely successful annual meeting template – it is the cornerstone client event of their year – and it is my desire as CEO to model ours not only upon that template, but also the templates of our other partners in the cuasterisk.com CUSO network as we grow in collective size and scope.”
About Xtend (www.xtendcu.com)
Xtend, Inc. is a 100% credit union-owned CUSO formed in 2002 with headquarters in Grand Rapids, Michigan. Xtend provides a wide array of managerial, operational, marketing, technical planning and consulting services for credit unions of all sizes. In short, Xtend is an aggregation point for shared resources that allows credit unions to deliver products and services more cost-effectively. Their strategic offerings include bookkeeping services, member contact services, back-office mortgage services, partnered liquidity opportunities, shared branching, compliance monitoring, and insurance services. Xtend provides services for over 150 credit unions representing more than 800,000 members and $7.2B in assets. The CUSO is currently owned by 65 credit union partners.