Wednesday, April 13, 2011

Bank Fees vs. Eaton Family CU Fees

In the Tuesday, April 12, 2011, Cleveland Plain Dealer, Teresa Dixon Murray, Business Writer and Columnist, wrote an article called, "Bank customers can expect new fees for using ATMs, talking to tellers, transferring money." In the article she writes, "Fees like these are on the rise this year as banks nationwide grapple with how to recover billions of dollars in lost revenue now that they can't make as much from overdrafts fees, credit card interest and debit card usage fees as they once did." Click here for the entire article. Click here to see the chart, "What some banks will be charging you." Here are some of the types of fees mentioned in the article and what we charge per monthly and annually:

  • Non-branded ATM-only card = $0.00* vs. $10 annually from PNC Bank
  • MasterMoney Debit Card = $0.00* vs. $3.95 monthly from 5/3 Bank
  • Checking Account = $0.00 with no minimum or monthly average vs. $20 monthly from CitiBank and $9 monthly from Bank of America
  • Inactivity Fee = $5.00 annually - accounts with no transactions in 24 months vs. $5 monthly from Key Bank
Click here for the Eaton Family Credit Union fee schedule. * Note: Our ATM and Debit Cards are no charge but you may incur transaction fees.

Thursday, April 07, 2011

Credit Union Wins Chamber of Commerce Award

Eaton Family Credit Union was awarded the Medium Business of the Year Award for 2010 at the Western Lake County Chamber of Commerce Annual Meeting on April 30, 2011. Click here or go to see photos, hear the complete press release and a an interview.