WALLINGFORD, Conn. -- Connecticut has become the latest state to formally inaugurate a relationship with Real Solutions, the program run by the National Credit Union Foundation that seeks to help credit unions tailor their efforts to reach out to lower wealth members and communities.

The Credit Union League of Connecticut and 21 Connecticut credit unions have signed agreements with Real Solutions, the League said.

"Our partnership with the REAL Solutions program enables Connecticut credit unions to provide consumers with viable alternatives to the for-profit payday lenders who charge triple-digit interest rates to people who can least afford them," said League President Kevin Chandler. "It's a natural fit for not-for-profit credit unions and it's the right thing to do."

"I am proud that Connecticut is participating in the REAL Solutions program," said Kathy Chartier, League chair and president/CEO of Member Credit Union, one of the participating credit unions. "REAL Solutions will help Connecticut Credit Unions to do what we do best, serve our membership."