SAN DIEGO — When credit union executives talk about online andmobile lending, they typically think of their most demographicallyfavorable members.
KevinFoster-Keddie, president/CEO of the $2.1 billion WSECU inOlympia, Wash., told the audience at NetFinance Interactive 2014this week that one of his credit union’s biggest successes camewhen it offered an online replacement to payday loans called Q-Cash.
The 216,000-member WSECU offers a standard Q-Cash loan that canrange from $50 to $700, as well as a Q-Cash Plus loan that canrange from $701 to $4,000.
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