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QCash Financial selected by SAFE FCU to offer digital life event lending

QCash digital lending platform to provide SAFE FCU affordable access to small dollar funds

OLYMPIA, WA (October 14, 2022) — QCash Financial CUSO has been selected to provide its digital life event lending platform to Sumter, S.C.-based SAFE Federal Credit Union.

“The opportunity to introduce a better alternative digital lending option to SAFE FCU members is very exciting,” says Michael Baker, President and CEO at SAFE FCU. “This agreement ensures our members have the opportunity to apply for a loan and have it deposited the minute an emergency expense comes around.”

“QCash is proud to offer a product that will help thousands of South Carolinians find a path to financial inclusion and improved economic health,” says Seth Brickman, QCash CEO. “SAFE FCU’s members will get the financial help they need, when they need it, while continuing to build trust with the credit union.”

The QCash technology facilitates life event, specialty, and emergency response lending that uses relational data rather than credit score or credit report for underwriting and provides small dollar loan funding in under 60 seconds.


About QCash Financial CUSO

QCash Financial, headquartered in Olympia, WA, is a purpose-driven fintech firm with a mission of empowering financial institutions in their quest to improve the financial well-being of their communities. The QCash platform is the best tool for advancing financial inclusion and access for credit union members.

About SAFE Federal Credit Union

SAFE Federal Credit Union, founded in 1955, is the one of the largest financial institutions based in South Carolina with over $1.6 billion in total assets, 133,000 members, and 18 branches. Membership is open to anyone who lives, works, worships, or goes to school in Sumter, Lee, Kershaw, Clarendon, and Florence counties, as well as parts of Richland, and Lexington counties. Membership is also open to employees of more than 500 companies located throughout the Midlands and relatives of those eligible to join. Connect with us at www.SAFEfed.org, on Facebook.com/SAFEfederalcreditunion or @SAFEFCU.

Contacts

Jennifer Matthews
jmatthews@qcashfinancial.com
800-893-7893 x10475

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