QCash Financial CUSO News Archives

Small dollar loans irrelevant to the wealthy? Think again

Small dollar loans irrelevant to the wealthy? Think again

There’s no doubt about it – money can get complicated. It’s emotional, compromising, and slippery, especially when one doesn’t understand how to use it to work for them. That’s an issue of [...]

NCUA leaders stress effective, not excessive safeguards

NCUA leaders stress effective, not excessive safeguards

For many American consumers, 2023 represents an opportunity to begin rebuilding their financial health and wellness goals that were essentially detonated with the arrival of the COVID-19 pandemic three years ago this month. With federal [...]

CDFI Fund gets 5% bump in White House budget

CDFI Fund gets 5% bump in White House budget

The Community Development Financial Institutions (CDFI) Fund would receive a healthy five percent increase in funding, or $17 million, in 2024 thanks to the Biden administration’s proposed $6.9 trillion proposed budget. The CDFI [...]

CUNA’s Nussle touts credit unions’ value at GAC

CUNA’s Nussle touts credit unions’ value at GAC

CUNA CEO Jim Nussle was spitting fire Monday on the value of credit unions as he took center stage during CUNA’s annual Governmental Action Conference (GAC), emphasizing the cooperative movement’s mission to promote [...]

Be like Arlo: A life’s journey brings financial inclusion to others

Be like Arlo: A life’s journey brings financial inclusion to others

Nurturing a credit union community of diversity, equity, and financial inclusion begins at the top, and it can rise from the most unexpected backgrounds. In observance of Black History Month, the credit union movement continues [...]

Digital payday loan ads: A new financial health challenge

Digital payday loan ads: A new financial health challenge

As we stated on last week’s blog on “rent-a-banks,”  the battle against the slippery predatory payday lenders is a long one; like a costly game of Whack-A-Mole, their wealthy backers and Washington lobbyists continue [...]

“Rent-a-banks?” Just say “more-of-the-same”

“Rent-a-banks?” Just say “more-of-the-same”

As if you didn’t expect it, the battle continues in the financial services sector to eradicate predatory payday lenders in the United States. Despite individual states’ gains in recent years to cap payday loans’ [...]

Credit unions ready to assist member debt

Credit unions ready to assist member debt

The price of household heating like kerosene and heating oil remains so high it makes sense that credit unions in Maine are witnessing a rise in loan applications from members hoping to install appliances that [...]

5 ways members can avoid post-holiday “financial hangovers”

5 ways members can avoid post-holiday “financial hangovers”

Christmas may be brutal for many families in 2022, particularly with residual pandemic stresses. And they feel it coming. They have been holding on to budgets (or not!) for most of the year, and they’[...]

Native CDFIs make case for financial inclusion

Native CDFIs make case for financial inclusion

In late August of this year, Inclusiv/Capital director Cathi Kim had the opportunity to attend the initial Native American Financial Institutions Gathering discussing the subject of Native CDFIs at the Center for Indian Country [...]

Gas prices inspiring solutions for low-income commuters

Gas prices inspiring solutions for low-income commuters

Our battle with gas prices has been among the most eye-catching topics since the cost skyrocketed in the first half of 2022, ultimately topping $5.02 per gallon on June 18. In some parts of [...]