KANSAS CITY, Mo. — The large amount of members that have checking accounts and use payday lenders was one of the motivators behind the launch of XtraCash, LLC as an alternative for the credit union industry.

The payday lending CUSO made its debut in March 2007 at two Mazuma CU branches and has since expanded to 11 branches. Central Star CU in Wichita, Kan. has also signed on with XtraCash, said Lisa Renner, CEO of CU Holding Company, LLC, a wholly-owned subsidiary of Mazuma CU.

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