Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Chatzky chats about CUs on the Today Show
NEW YORK (6/5/09)--Consumers looking to minimize bank fees should consider credit unions as an alternative to banks, Jean Chatzky, “Today Show” financial editor, told viewers Thursday.
Matt Lauer and Jean Chatzky discuss minimizing bank fees on the "Today Show" Thursday morning. One tip: Consider a credit union. (Photo provided by CUNA)
Chatzky mentioned that banks used to have 250 different fees that they charged consumers, and that many fees are coming back because banks are looking to boost their revenues. Some banks don’t even allow customers to opt out of overdraft fees, she added. When Matt Lauer, the “Today Show” host, asked how consumers can get around some of these fees, Chatzky mentioned credit unions. “Consider banking with a small community bank or credit unions because fees at these institutions may be a little bit lower,” she said. That tip also was listed on a chart displayed on camera. The Credit Union National Association supplied comparisons of bank and credit union fees to one of Chatzky’s researchers for the segment.
Other Resources

RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago