In 1992, United decided to expand its business model through a formal franchising system. To date, United has helped independent entrepreneurs establish and operate more than 133 United Check Cashing centers in 18 states. The United system has standardized the key elements necessary to run a check cashing center. From assistance with real estate acquisition and construction to licensing and vendor relations to training on all aspects of business to ongoing operations and marketing support, United has assembled the puzzle pieces for you. Our professional, bank-like centers are conveniently located where our customers work and shop. For just a few pennies on the dollar, consumers can cash their checks. There are no holds while waiting for funds to clear. The process is fast, convenient, and available to everyone.

The growing segment of the under-banked can find a full complement of products and services designed to meet their needs at a United Check Cashing center. Our retail centers offer:

• Check Cashing
• Pre-Paid VISA® & MASTERCARD® Debit Cards
• Money Orders
• Pre-Paid Phone Services
• WESTERN UNION® Money Transfer
• Fax, Copy and Notary Services
• Payday Loans (in authorized states)
• Tax Preparation, E-filing and Refund Loans
• Utility Bill Payments
• Direct Deposit

FiSCA approximates that there are currently about 13,000 check cashing centers in operation today in the U.S. Collectively, they annually process and cash 137 million checks for a total volume in excess of $56 billion._¹ The non-traditional banking consumer group will continue to fuel the demand for check cashing service providers. United sales from year to year indicate that the check cashing business is continuing to grow.

Learn how United can help you grab a piece of this light retail opportunity. Click Here for more information.  

Citations

1. Cypress Research Group, “Survey of Key FiSCA Member Organizations on Transaction Volumes, 2007