Check-Cashing Outlet Debuts
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Edmund Sanders covers financial institutions and fraud for The Times. He can be reached at (714) 966-5811 and at [email protected]
Union Bank of California has opened its first check-cashing outlet in Orange County, at the Superior Superwarehouse in Santa Ana.
It’s the San Francisco-based bank’s 17th Cash & Save facility in the state.
Union has been expanding into check-cashing as a way to reach low- and moderate-income families who don’t have a bank account or can’t open one because of credit problems.
The bank charges a 1% to 1.5% fee to cash a check.
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