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CU System
iKiplingeri tells how to get a better deal with free checking
MADISON, Wis. (8/9/11)--Consumers looking to dodge pesky bank fees can often find free checking at credit unions, according to an article scheduled for the September issue of Kiplinger’s (Kiplinger.com Aug. 8). The article, titled “How to Get a Better Deal at Your Bank,” directs consumers to asmarterchoice.org, the website the Credit Union National Association and the leagues have created to help consumers learn more about credit unions and locate one they are eligible to join. “Community banks and credit unions routinely offer free accounts with no minimum balance, no serv­ice charge and unlimited check-writing. You can find a credit union near you at www.asmarterchoice.org,” Kiplinger said. The article cites Consumers CU, Waukegan, Ill., as a community financial institution that offers a high rate of interest on its checking accounts. The credit union’s website advertised a 4.09% annual percentage rate on its Rewards Checking on Monday. The stimulus for aSmarterChoice.org came from a task force created by the American Association of Credit Union Leagues to raise awareness and foster credit union membership growth, especially among young adults. To read the article, use the link.
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