Community-based financial services center offering check cashing, bill payments, money transfers, and prepaid debit cards without lending products.
Editorially reviewed by Harvey Brooks
Family Financial Centers operates as a network of community-based financial service centers with a Philadelphia (Torresdale) location at 5930 Torresdale Avenue. The company positions itself as a bridge between the convenience of traditional banking and the accessibility of alternative financial services, emphasizing customer service and modern technology alongside personalized attention.
The company's primary services center on check cashing with a stated risk-assessment system allowing most checks to be cashed with valid government-issued photo ID. Beyond check cashing, Family Financial Centers offers bill payments for hundreds of companies (electric, gas, telephone, wireless), Western Union money transfers, prepaid Visa debit cards with direct deposit options, and gift card buy-back services. Non-money offerings include notary services, faxing, copying, prepaid phone sales, tax and bookkeeping services, and financial literacy courses.
Family Financial Centers explicitly distinguishes itself by what it does NOT offer: the website clearly states "We do NOT offer payday loans, car loans, or any other type of lending." This positions the company as a non-predatory alternative to payday lenders. The company emphasizes employee training programs, latest technology for faster service, and the combination of corporate sophistication with personal banking touch. Operating hours are Monday-Thursday 9 AM–6 PM, Friday 9 AM–6:30 PM, and Saturday 9 AM–3 PM.
Family Financial Centers appears to serve underbanked and unbanked populations seeking accessible financial services without credit checks or lending obligations. The absence of lending products removes predatory loan risk but limits the scope of financial solutions available. The company's focus on check cashing and bill payment suggests targeting working individuals and families who prefer cash-based or non-credit financial management.
Yes. Family Financial Centers is a registered company headquartered in 5930 Torresdale Ave, Philadelphia, PA 19135. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
Family Financial Centers is best for unbanked and underbanked workers seeking accessible check cashing and bill payment services without lending products or credit checks. The main caveat is the single Philadelphia location and lack of disclosed fee information, which limits transparency and geographic reach for cost-conscious consumers.
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