Family Financial Centers Starts 2022 with New Store Opening

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Family Financial Centers, LLC

January 5, 2022

Family Financial Centers, LLC (FFC), a network of community-based financial service centers that offers financial  services that include check cashing, bill payment, money orders, wire transfers, gift card buy back, pre-paid debit  cards, bookkeeping services and direct deposit, announced that it started off 2022 with the opening of a new  location in Paterson, NJ! 

The new location, owned by Peter Hofbauer & Timothy Larkin and operating as Family Financial Centers (FFC),  will serve the Paterson community and surrounding areas. This location is proud to offer check cashing, bill  payments, prepaid debit cards, Western Union, and more, to both individuals and commercial customers.  

Family Financial Centers is committed to providing community-based financial services in a fair, dignified,  professional manner to folks with and without bank accounts, as well as to small businesses. New Franchisee  Peter Hofbauer says, “We recently purchased a check cashing business under the franchise of Family Financial Centers. Although it is early in the process, we couldn’t be more pleased with the help provided to us by everyone  at FFC. They helped us find the right store at an attractive price and managed the due diligence and the entire  purchase process with the seller. Prior to the purchase, we were fully trained by them in the workings of the  business and navigated the credentialing with all regulatory bodies. We simply couldn’t imagine entering this  highly regulated business without a franchisor. Fortunately for us, we had a franchise company that goes the extra  mile to ensure that we are comfortable in all aspects of the Money Service Business including compliance,  business infrastructure, training and vendor relations.” 

Family Financial Centers help small business customers accelerate their cash flow to make payroll and retain  their valuable employees through commercial check cashing services, with in-store and mobile check cashing  options available.  

The Family Financial Centers franchise was designed to be an alternative to rapidly disappearing neighborhood  branch banks to serve the unbanked, the underbanked, small businesses and the more than 50% of Americans  living paycheck-to-paycheck. “Because of our proven operating procedures, we continue to expand into new areas.  Our financial service centers have the sophistication and professionalism of a larger corporation, yet also have the  personal touch of a traditional bank”, comments Paul Eckert, Founder and CEO of Family Financial Centers.

About Family Financial Centers


Family Financial Centers is the “Quantum Leap” forward in the evolution of the alternative financial service center.  There are approximately 14 million Americans today with no bank account.  Family Financial Centers have the systems, ambience and professionalism of a traditional bank and can offer a full array of financial services including check cashing, money orders, wire transfer, tax preparation services and more to those 14 million Americans. For over 18 years, Family Financial Centers has been committed to raising the standard for alternative financial service centers, in both their product offerings and the way they are delivered to consumers.

Family Financial Centers is the best community-based financial service enterprise in America because they service their customers beyond their expectations. On a day when most organizations “over” promise and “under” deliver, Family Financial Centers stand out as the industry leader in service and in integrity.

Family Financial Centers have opportunities nationwide for entrepreneurs who want to own a high-tech, community-based,  financial services franchise to serve un-banked or under-banked people and small businesses in America.

Family Financial Centers was named a 2020 & 2019 Top Franchise by Franchise Business Review.


For more information about Family Financial Centers and the services available at our locations, please visit If you are interested in franchise opportunities in your local area, visit or call 877-236-5508.