-Wisconsin-based credit union rolls out turnkey solution for credit unions nationwide-
APPLETON, Wis.–( COMPANY WIRE )– Prospera Credit Union, headquartered in Appleton, Wis., now provides its nationally recognized GoodMoney В® not-for-profit payday loan alternative as a turnkey way to credit unions nationwide.
The decent money payday loan alternative is half the price of a typical loan that is payday. Up to now, two credit unions will offer you GoodMoney: Superior Selection Credit Union, Superior Wis., and Delta County Credit Union, Escanaba, Mich.
For a fair start-up cost, credit unions could have usage of comprehensive training, marketing support and advertising materials. Additionally included is tailor-made pc software supplied by CU*Answers.
вЂњ decent Money provides cheaper options to customers trying to find a loan that is short-term. More to the point, this system encourages monetary training, producing an even more informed debtor, and usage of other lending options to boost their economic security, вЂќ said Lois Kitsch, nationwide system manager when it comes to nationwide Credit Union Foundation’s REAL Systems В® program.
Since its launch in 2005, Prospera вЂ™ s GoodMoney has gotten nationwide attention from the newest York days and United States Of America Today. It has additionally gotten the credit union industry вЂ™ s Herb Wegner Award and spurred numerous inquiries from credit unions around the world.
вЂњ it absolutely was an all-natural step that is next provide Good cash in order that credit unions can really help their regional communities. Provided the financial meltdown, we could be prepared to see an uptick in pay day loans. Good cash can provide relief to customers in a manner that is responsible вЂќ said Ken Eiden, CEO of Prospera Credit Union. (more…)