Xtend Inc. has welcomed Sioux Empire Federal Credit Union as its newest owner.
The $56 million, Sioux Falls, S.D.-based credit union is the 45th owner of the managerial, operational, marketing, technical planning and consulting services CUSO in Grand Rapids, Mich.
"South Dakota has been a solid growth area for our business over the past couple years," said Xtend President Scott Collins. "It's a great credit union state, and we are excited to welcome SEFCU to the family."
With this latest shareholder, the owners of Xtend now represent 495,000 members and $3.98 billion in assets collectively, according to the CUSO.