Media
Extensia Financial Welcomes Steven Ellsworth As New Vice President, Asset Management At Extensia!
Press Release | October 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) announces and welcomes, Steven Ellsworth as their new VP, Asset Management, bringing his vast knowledge and abilities to the CUSO.
Extensia Financial Welcomes Jon Friestedt New Chief Credit Officer At Extensia!
Press Release | October 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) is excited to announce and welcome, Jon Friestedt as their new Chief Credit Officer, bringing extensive experience and talent to the CUSO.
Extensia Financial Achieves Largest and Safest Month of Funding Since Covid: Over $34 Million
Press Release | August 2020
Extensia Financial made “new normal” company history in July with more than $34 million in funding while continuing to structure company-originated participation opportunities to be more conservative and responsive to the challenges of the current economic climate.
Extensia Financial announces staff realignment and promotion of employees in response to the continuing increase in loan production
Press Release | July 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO), is proud to announce staff realignments and the promotion of key staff in response to the increased commercial loan production during the first half of 2020. We congratulate these outstanding team members on their new positions and…
Loan Risk Management During a Downturn: A Calculated Science, Part 3
Press Release | June 2020
Service organizations that work well in commercial lending utilize all tools available to mitigate risk, especially in preparation for any potential economic downturns. Extensia has this proficiency finely honed. We know how to mitigate risk, diversify portfolios, and analyze trends.
Loan Risk Management During a Downturn: A Calculated Science, Part 2
Press Release | June 2020
As a credit union service organization (CUSO), Extensia helps credit unions navigate the intricacies of commercial real estate lending, and risk diversification is an important part of what we do. Examining the data, trends, and options make our risk management recommendations analytical, methodical and systematic.
Loan Risk Management During a Downturn: A Calculated Science, Part 1
Press Release | June 2020
Part of our job here at Extensia Financial—a very significant part—is to help our partners navigate the complex matter of risk management. This is one of the many functions a credit union service organization (CUSO) performs. In the midst of the current public health and economic crisis, we are fielding quite a few calls pertaining to the lack of property rental income.
How To Choose A Participation Partner
Media | May 2020
Now more than ever credit unions are recognizing the importance of a well-diversified loan portfolio to mitigate risk while growing loans to maximize member value. But how do credit unions diversify and grow loans when bound by SEG-based or community membership charters? Participation loans are a convenient and cost-effective way to grow loan balances with quality assets,
Extensia Financial Announces the Promotion of Key Tenured Employees!
Press Release | May 2020
Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO) is proud to announce the promotion of two key staff members whose efforts over their tenure with the company have prepared them to provide aid in the midst of a worldwide pandemic and compassion to those impacted by COVID19.
New CUNA Associate Business Member Announced: Extensia Financial
Press Release | May 2020
Credit Union National Association (CUNA) has announced Extensia Financial as the newest Associate Level CUNA Associate Business Members. These business advocates join in CUNA’s advocacy efforts to support, protect, unify and advance the credit union movement. Newly announced associate level members include:
“Extensia helps our company take out new loans, refinance existing loans, and even modify an interest rate to a more competitive level.”