AVANA Companies has owned a majority stake in the business lending CUSO since 2020.
Extensia Financial, a lending CUSO with a history dating back to the late 90s, now bears the name of its majority shareholder, AVANA Companies – it is now known as AVANA CUSO.
“Through shared staff, shared technology, shared vision and passion, and a shared commitment to delivering superior lending services and solutions, AVANA is able to better serve credit unions and their members,” Sanat Patel, chief lending officer and managing partner for AVANA Companies, stated. “The rebrand and name update is a proud acknowledgment and reinforcement of how integral the CUSO is to our ecosystem.”
Read the full article: https://www.cutimes.com/2023/11/09/extensia-financial-rebrands-as-avana-cuso/?slreturn=20231014082608