GRAND RAPIDS, MI (June 20, 2013) Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced today that three Directors had been re-elected by their peers to serve a new three-year Board term. The three Directors are: Glenn Kretchmer, COO at ATL Federal Credit Union (Wyoming, Michigan), Mark Richter, CEO at First United Federal Credit Union (Grandville, Michigan), and Kim Wilson, CEO at Grand Rapids Family Credit Union (Grand Rapids, Michigan). For Kretchmer, it will be his 4th term as a leader of the CUSO. Both Richter and Wilson will be serving their first full term on the Xtend Board.
The election, which took place on June 18th at Xtend’s 2013 Annual Stockholder Meeting at the J.W. Marriott Hotel in Grand Rapids, Michigan, was the first time that incumbents did not run un-opposed. Xtend Chairman Steve Searfoss (AAA FCU, South Bend, Indiana) commented, “This was an exciting moment for our CUSO – our first contested election. I believe this signifies that more of my peers want to get involved in this vibrant, growing CUSO. My goal as Board Chairman will be to take this positive energy from this democratic process and pay it forward for our customer-owners.”
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 170 credit unions and is currently owned by 71 credit union partners.