CUSO Re-Elects Two Board Directors

Grand Rapids, Michigan – June 29th, 2012 – At its June 19th Annual Stockholder Meeting, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, re-elected two Board Directors.  Incumbents David Keim, CEO of Grand Rapids, Michigan-based Western Districts Members Credit Union, and Brian Turmell, CEO of Grand Rapids, Michigan-based AAC Credit Union were elected by their fellow stockholders to serve a three year term commencing October 1st, 2012.  Mr. Keim has been serving on the Xtend board since 2003 and Mr. Turmell has served since 2006.

The CUSO Board consists of nine (9) credit union executives.
 
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 140 credit unions representing more than 800,000 members and $7.2B in assets.  The CUSO is currently owned by 65 credit union partners.

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