Xtend Inc. announced that its board of directors has issued a 3.5% stock dividend to each of its 59 owners.

Valley Federal Credit Union of Billings, Mont., has announced the selection of Michael Silvers as the credit union's next president/CEO, effective Jan. 23.

The postmortem on last months two failed merger attempts that were victims of member opposition hits on three ingredients: poor communications, a rushed timetable and lack of enough advance explanation to constituents and the public.

The 70,000 members of the $536 million Listerhill Credit Union in Sheffield, Ala., are now being offered a wide range of mobile banking options.