Horizon Utah Federal Credit Union is the latest to become a co-owner of Xtend Inc., a CUSO that offers managerial, operational, marketing, technical planning and consulting services.
The $114 million CU in Farmington, Utah, is now Xtend's 53rd stockholder, according to the CUSO, which is based in Grand Rapids, Mich.
Xtend provides bookkeeping, member contact, back-office mortgage, partnered liquidity opportunities, shared branching, compliance monitoring and insurance services to more than 120 CUs.
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