Eaton Family Credit Union News

On February 22, 2012 The Cleveland Plain Dealer Consumer Affairs Reporter Sheryl Harris wrote a story about the Consumer Financial Protection Bureau and their investigation of financial institution fees called, " Agency to investigate bank overdraft fees ." In the article she states, "...the agency wants to know whether banks process consumers' transactions in an order that makes overdrafts more likely." We process transactions chronologically. If you have overdraft protection on your Eaton Family Credit Union checking account, be assured that we do not process transactions to maximize overdraft fees. More specifically, we process your account transactions as they come in. Here are some details by category: Debit Cards - when debit cards are processed after purchase is important because some companies process immediately and others batch process. Therefore you might purchase an item today but we will not see the transaction until tomorrow or t

At Eaton Family Credit Union we take our jobs very seriously. We appreciate that you trust us to make good decisions. Below you will find articles about the investigation at St. Paul's Croatian Credit Union in nearby Eastlake and the  efforts we take to ensure your money is safe with us. On February 9, 2012 another article was featured on the front page of the The Cleveland Plain Dealer that focuses on an organization that makes investments throughout northeast Ohio. The article by  Michelle Jarboe McFee , " Cleveland International Fund looks for way forward after resignation, indictment of CEO " includes references to alleged fraud committed at the failed  St. Paul Croatian Federal Credit Union. A companion article by  John Caniglia , " Pepper Pike financier A. Eddy Zai indicted in Croatian fund swindle " references bribes paid to St. Paul's officials. On September 28, 2011 The Cleveland Plain Dealer ran an article by James F. McCarty titled, "