Press

RVA Financial FCU becomes the newest owner of CUSO Xtend

GRAND RAPIDS, MI (September 14, 2020) — Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that it has added another credit union owner. RVA Financial (10K members, $72M assets), which is based in Richmond, VA, will join the group of 80 owners who each share equal parts of ownership in Xtend.

“RVA is an active client, user and advocator for our CUSO’s services,” states Liz Winninger, Xtend’s President/CEO. “We are very happy to have them join our ownership base as an active client, and now owner who can add to our ownership voice.”

About Xtend, Inc.

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, and payment processing services. Xtend provides services for over 250 credit unions representing more than 1.2 million members and $13B in assets. The CUSO is currently owned by 103 credit union industry partners. For more information, visit www.xtendcu.com.