Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
IWall St. JournalI Fire your banker CUs among options
NEW YORK (8/24/10)--Consumers looking for ways to make their money work better for them should fire their bankers and look to credit unions and other local institutions, according to an article in The Wall Street Journal Sunday. In “Ten Money Moves That Will Always Pay Off,” author Brett Arends wrote that credit unions will do more for less. “Fire your banker,” Arends writes for Money Move No. 5. “This isn't just good financial sense--it’s fun, too. If you’re like most people, you're probably paying hundreds of dollars a year in account service fees, ATM charges for access to your own money and the like. “Banks need to sock you with these fees to pay for all their overpriced and useless overhead, like the expensive marketing campaigns and the executives,’ he added. “Fire them all. Chances are you have a local community bank, savings and loan, or credit union that will do the job of looking after your cash for a lot less. It’s Uncle Sam, not the institution, that guarantees your money anyway.” To read the article, use the link.
Other Resources

RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
1 Day ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
1 Day ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
24 minutes ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
57 minutes ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
1 hours ago