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
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
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
55 minutes ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
2 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
2 hours ago
.@Bankrate's top #creditunion survey hits @TIME http://t.co/xcMer497TN
3 hours ago
.@fileneresearch IDs 5 challenges for #women in #creditunion leadership http://t.co/GAYbw2dcCl
4 hours ago