Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
ICNNMoney.comI IFox BusinessI tout CUs
MADISON, Wis. (6/25/10)--CNNMoney.com and Fox Business both advised consumers to join a credit union to take advantage of better rates and fees. Fox noted that consumers should “strongly” consider getting a credit union credit card because credit unions charge a lower late fee--a median of about $20--compared with $39 at banks. Large banks tend to charge higher fees, Fox said. The segment discussed how the Credit Card Accountability, Responsibility and Disclosures Act will affect consumers and what they need to know about the act, which was enacted in May. CNNMoney mentioned that credit unions offer better interest rates and rates on share certificates, savings accounts and money market accounts. The article, saying that credit unions offer a “popular alternative to large banks,” also noted the Credit Union National Association’s credit union locator--creditunion.coop. For more information, use the links.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
2 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
3 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
5 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
5 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
6 hours ago