Extensia Financial Welcomes Jon Friestedt New Chief Credit Officer At Extensia!


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.

Jon Friestedt, Chief Credit Officer Extensia Financial
Jon Friestedt, Chief Credit Officer Extensia Financial

Mr. Friestedt brings over twenty-five years of experience in the credit union industry to his new position. His financial services skillset will provide decisive leadership to Extensia’s team.  His extensive background includes long-term strategic planning, product development, portfolio profitability analysis, and measuring and managing credit risk.  Jon’s reputation as a dynamic and inspirational leader in developing and organizing lending divisions brings exciting new energy to the Extensia team.

Jon has managed both lending and loss mitigation teams, specializing in improving efficiency by providing balance to loan risk mitigation. His combined expertise in both credit union MBL and commercial real estate will undoubtedly result in increased and sustainable new partnerships.

“I am excited and honored to join the Extensia team and eager to work towards the continued success of the company.” Jon Friestedt.

Extensia Financial, is dedicated to commercial real estate lending and advisory services, offering commercial real estate lending consultative services to help credit unions develop and/or maintain successful commercial lending programs.