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
#NewsNow: @TheNCUA's McWatters outlines 11 enhancements for budget transparency. http://t.co/TWMAqYgIJZ
40 minutes ago
#NewsNow It's all about the bird for CU charity at Thanksgiving http://t.co/fqDmmQT0ba
1 hours ago
League-supported fin. lit bill among 1st filed for Fla. session http://t.co/912RnLcVIU
2 hours ago
#NewsNow: NCUA budget up 4.2%, McWatters votes 'no' http://t.co/2z2CWkW6S1
2 hours ago
Experts: Expect more data #breaches during holiday season #NewsNow http://t.co/bGTuppugCt
3 hours ago