WICHITA, Kan. — The storefront branch operated by a credit union to offer alternative payday loans has taken root in Kansas.
The $50 million Credit Union of Dodge City said it debuted its new "Instant Cash Plus" facility in a vacant downtown store a month ago and is planning a grand opening celebration May 7.
"Let me tell you we got our inspiration from that Goodwill facility operated by Prospera in Wisconsin," explained Raymond Stroud, president/CEO making reference to a now three-year-old linkup of a branch of Prospera CU of Appleton in a Goodwill Industries thrift store.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.