Search Results - subject:"check cashing"

From cashing checks to building assets: a case study of the check cashing/credit union hybrid service model

Choi, Laura - Federal Reserve Bank of San Francisco - 2013

around a retail branch that has a small physical footprint, similar to a check cashing outlet, and is designed to create an … the transparent and convenient transactional services they need, such as check cashing, money orders, and remittances …. Unlike a traditional check cashing outlet, however, CT Prospera is a full-service credit union and is able to transition …

Persistent link: https://www.econbiz.de/10011027288

Community perspectives: Community check cashing

Leibsohn, Daniel - In: Community Investments (2011) Spr, pp. 9-11

In May of 2009, Community Development Finance (CDF) opened the first nonprofit, full-service check cashing store in the … affordable check cashing services and a payday loan product, CDF also provides financial coaching and literacy training, small …

Persistent link: https://www.econbiz.de/10009024068

Determinants of the locations of payday lenders, pawnshops and check-cashing outlets

Prager, Robin A. - Federal Reserve Board (Board of Governors of the … - 2009

, tax refund anticipation loans and check-cashing services. The rapid growth of this segment of the financial services … AFSPs. This study examines the determinants of the locations of three types of AFSPs--payday lenders, pawnshops, and check-cashing …

Persistent link: https://www.econbiz.de/10005009957

And banking for all?

Barr, Michael S.; Dokko, Jane K.; Keys, Benjamin J. - Federal Reserve Board (Board of Governors of the … - 2009

This paper presents data from a new survey of low- and moderate-income households in Detroit to examine bank account usage and alternative financial service (AFS) products. We find that for the vast majority of households, annual outlays on financial services for transactional and credit...

Persistent link: https://www.econbiz.de/10005078234

Banking in the 21st century.

Santomero, Anthony M. - In: Business Review (2004) Q3, pp. 1-4

U.S. consumers are catching up with their counterparts in the rest of the world in their use of electronic payment methods, but paper checks remain a popular way to make payments here. How is the Federal Reserve supporting an orderly evolution of the payment system as consumers shift away from...

Persistent link: https://www.econbiz.de/10005361424