Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Jane Bryant Quinn CUs 1 of 4 ways to beat bank fees
MADISON, Wis. (1/19/11)--Credit unions are one key avenue for consumers to go down if they want to avoid high bank fees, Jane Bryant Quinn wrote Tuesday in an article titled “4 Ways to Beat the New High Bank Fees” for CBS Moneywatch.com. Bankers claim pro-consumer legislation passed last year is causing them to pass on additional compliance costs to their customers, Bryant wrote. She recommended low-cost accounts at credit unions in the Tuesday article. “It might surprise you to learn that everyone is eligible for at least one credit union,” Bryant wrote. “These institutions serve particular member groups. In general, they charge lower fees on credit cards, auto loans, and checking accounts, and pay higher interest rates on savings--not the top rate, but above average. They’re also more customer-friendly than most banks. You can find someone to talk to about your finances and even appeal a decision. “To find a local credit union, enter your zip code, church, company, school, or city at FindACreditUnion.com, to see what you might be eligible for,” she added. To read the article, use the link.
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
5 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.
6 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
7 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
8 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
8 hours ago