Taking a 'Community' response to compliance

TriState Products and Services to offer QCash to member credit unions

July 26, 2022

TriState Products and Services are partnering with QCash Financial, to give credit unions access to “life event loans” so they can help members when and where they need it.

TriState Products and Services is a collaboration with the Minnesota Credit Union Network, Montana’s Credit Unions, and the Wisconsin Credit Union League. The three states are working together to form strategic endorsement relationships with partners to help their credit unions best serve their members through partner education opportunities and joint marketing efforts. 

QCash Life Event Loans are an easy-to-implement solution that provides credit unions another service to practice financial inclusion and serve the underbanked. QCash Life Event Loans can provide the funds credit union members need, day or night. With just six clicks in 60 seconds, the funds are immediately deposited into their account. No credit check and nothing more than a computer or smartphone to complete the super-simple process.

“QCash aligns perfectly with the ‘people helping people’ credit union philosophy, says QCash CEO Seth Brickman. “This partnership with the credit union leagues in Minnesota, Montana, and Wisconsin is an important step in offering credit unions the financial tools they need to benefit their members’ lives.”

“By offering loans that don’t rely on traditional credit scores, QCash enhances credit union’s ability to improve the financial well-being of their members,” said Minnesota Credit Union Network’s Chief Operations Officer John Ferstl.

“We are excited for this partnership that gives credit unions a new way to live out their mission and better serve the underserved,” said Brett Thompson, president/CEO of The Wisconsin Credit Union League.

Ranel Smith, vice president of relationship management, Montana’s Credit Unions added, “We’re pleased to leverage the cooperative model to help credit unions safely and efficiently provide loans to their members in times of need.”