Gesa Credit Union offers short-term small dollar loans powered by QCash

Offers loans to reach underbanked members

QCash Financial, a provider of automated, cloud-based, mobile lending platforms for financial institutions, announces that Gesa Credit Union is offering short-term, small dollar loans, powered by QCash, to its members.

QCash Financial’s product suite enables Gesa to offer short-term, small dollar loans to its members, particularly those with liquidity and cash management challenges. Gesa offers two loan types powered by QCash: a fee-based loan product and an interest-based loan product.

Loan applications are underwritten, approved and funded in approximately one minute, because the loan decisioning process is based on members’ financial relationship with the credit union. The fees are also substantially lower than those usually charged by traditional short-term lenders.

The QCash loan platform was developed in 2004 by WSECU after the credit union’s tellers noticed a substantial number of its members required small, short-term loans from other companies that were charging excessive fees.

“We researched our members lending needs and discovered that many were turning to more expensive alternatives for their short-term loan needs,” said Don Miller, CEO of Gesa Credit Union. “QCash loans have given us the means to offer a competitive alternative to traditional payday loans.”

“Our vision for these loans is to offer a simple, cost-effective option for financial institutions to meet their members and customers’ needs,” said Ben Morales, CEO of QCash Financial. “Gesa Credit Union’s mission to help reach more of the underbanked community perfectly aligns with our corporate mission of promoting consumers’ financial stability.”

A white label version of the QCash lending platform is available through QCash Financial. Contact Ben Morales at for details.

About Gesa Credit Union

Gesa Credit Union has served Washington State’s Tri-Cities community since 1953, and is one of the state’s largest credit unions with $1.6 billion in assets and 140,000 members. Gesa is a full service financial institution that offers a complete array of consumer, mortgage and business products and services.  Headquartered in Richland, Washington, Gesa operates 17 branch offices in the Kennewick, Richland, Pasco, West Richland, Walla Walla, Wenatchee, East Wenatchee, Spokane, Yakima and Moses Lake communities. Gesa also supports eight student-operated high school branches – the most in the state. Gesa’s commitment to local communities includes support for Junior Achievement, Habitat for Humanity, annual youth scholarships, and free financial seminars open to members and the general public. For more information visit

More News