XtraCash, LLC Email Format
Financial ServicesKansas, United States2-10 Employees
XtraCash, LLC operates as a credit union owned CUSO within the financial services sector, providing a turnkey payday lending alternative for credit unions. The company owns the loans, assumes all risk and loan losses, and serves as a non-interest income generator for partner institutions. It supports a comprehensive operational package that includes software, underwriting, collections, servicing, and training, enabling credit unions to offer lower-cost short-term loans through a cooperative model. The service is designed to be risk-free for the credit unions and to promote financial education for members’ front-office managers, or FOMs, within a nationwide reach. Based in the Kansas City metropolitan area, XtraCash is a division of CU Holding Company, LLC, which has ties to Mazuma Credit Union, and operates from Overland Park, Kansas.