More than 1,500 of the nation's check cashers (organizations rapidly replacing traditional banking services throughout the U.S.) attended the 11th annual conference and exposition of the National Check Cashers Association (NaCCA) in Las Vegas recently.
NaCCA was created in 1986 and has more than 3,500 members but it is estimated that there are more than 6,000 licensed check cashers in the U.S. that cash checks worth more than $55 billion. In addition to cashing payroll, Social Security, public assistance, and governmental checks, NaCCA members also offer electronic bill payments, transit cards, and tokens. Their facilities provide additional benefits including fax, auto license, money order, public utility payment, notary public, and EBT payment services.
"Giving Back to the Community" was selected as the main theme of the conference. In addition to the focus on community service, the conference provided a forum for debate on the issues and events guiding the course of the $55-billion check cashing industry.
Key components of the conference schedule included:
"With the myriad of issues affecting our industry, this annual conference has evolved into a major event that plays a key role in the financial services industry," said NaCCA Chairman Abby L. Hans. "As we recognize the vital role we play in our communities, launch our new name, pool our intellectual resources on the subject of deferred deposit and assess the future of our industry, this promises to be a landmark year."
For more information contact NaCCA at Court Plaza North,
25 Main Street Hackensack, N.J. 07601 or call Hank Shyne at (201) 487-0412.
