SAN DIEGO—Document services firm Xpress Data, Inc. reported it has signed 16 new credit unions so far this year. Located in 13 states, these cooperatives collectively serve more than 850,000 members. XDI said the gain represents a growth spurt, expanding the total number of credit union members served by nearly 8% in just eight months. The firm now serves 150 credit unions nationwide and more than 11 million members.
New credit unions signed include the $5.2 billion Patelco Credit Union in Pleasanton, Calif., the $2.6 billion Summit Credit Union in Madison, Wis., the $1.4 billion Associated Credit Union in Peachtree Corners, Ga., the $629 million Ardent Federal Credit Union in Philadelphia, the $468 million Matanuska Valley Federal Credit Union in Palmer, Alaska, the $281 million Baton Rouge Telco Federal Credit Union in Baton Rogue, La., the $272 million Skyward Credit Union in Wichita, Kan., the $206 million WEPCO Federal Credit Union in Bloomington, Md., the $180 million Greater Alliance Federal Credit Union in Paramus, N.J., the $166 million Penn East Federal Credit Union in Scranton, Pa., the $147 million Camino Federal Credit Union in Montebello, Calif., the $148 million Great Basin Federal Credit Union in Reno, Nev., the $122 million Greater KC Public Safety Credit Union in Kansas City, Mo., the $104 million USSCO Johnstown Federal Credit Union in Johnstown, Pa., and the $92 million Rock Valley Federal Credit Union in Loves Park, Ill.
“We’re pleased to welcome these new credit unions to the XDI family and look forward to serving them and their members,” President/CEO Mike Cooper said in a statement. “Our success speaks to our commitment to the credit union community.”
According to the company, more than half of 2016’s new clients signed up for XDI's complete suite of services, which include statements, notices and tax forms, all of which can be delivered to members electronically. Because XDI serves credit unions exclusively, it is able to respond quickly to new regulatory requirements and other changing needs, providing superior service to the credit union community.
“Because credit unions continue to convert members to e-documents, XDI offers eXpressServices, a custom-built solution that was created with input from more than 150 credit union executives,” Cooper said. “And, our eXpressEnrollment service conveniently manages member e-document enrollment for our clients.”