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News Now

CU System
Bethpage website lets consumers vent outrage over fees
BETHPAGE, N.Y. (2/23/11)--As part of a multi-faceted, interactive marketing campaign, Bethpage FCU has launched an interactive website inviting Long Islanders to voice their frustrations about big banks adding new fees on their existing checking accounts. The site includes links to relevant news stories, encourages consumers to fight back and offers them an alternative: Bethpage FCU’s free checking account. Bethpage Bonus Checking features no monthly service or maintenance fees, no minimum balance requirement, no per check charges, free Visa Check card, free online and mobile banking, and free online bill pay. It pays 1% interest for each month the member meets basic transactional requirements. When members sign up for online banking with e-statements, set up a monthly direct deposit, and conduct 15 point-of-sale debit card transactions per month, they earn interest each month. If transactional requirements are not met to earn interest for a particular month, there is no penalty, and the account is still free. Bethpage (N.Y.) FCU, with 3.868 billion in assets, has opened more than 33,000 free checking accounts since last summer (M2 Presswire Feb. 18).
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