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A credit union payday loan alternative program that has reportedly saved members $15 million continues to receive praise from Pennsylvania State Treasurer Rob McCord.

On April 12, McCord visited the $125 million Cross Valley Federal Credit Union to hear how the “Credit Union Better Choice” program helped three women meet unexpected expenses, according to the Pennsylvania Treasury Department. Since 2007, the Wilkes-Barre, Pa.-based credit union said it has issued 280 Better Choice payday loans to 101 members.

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