Bank Fees Vs. Us

In the February, 2012 Consumer Reports article, "Bank Accounts More fees are coming. How to fight back–or flee." the magazine starts, "People say they’re furious at behemoth banks, for myriad reasons: lending practices that helped sink the economy, government bailouts, foreclosures, huge bonuses for CEOs, and now higher fees and tougher account requirements."


They suggest, "Why this is happening: Banks are fighting pressure on several fronts. Lending is down, interest rates are at historic lows, and there’s been a decline in investment income."


So take a moment to compare our fees to banks and other credit unions as reported by Informa Research Services, "The largest credit unions tend to have lower fees on average than the biggest banks." We think some of us "smaller" credit unions stack up very well too!

• Non-interest checking per month
• Eaton Family Credit Union = $0
• Bank = $10.27
• Credit Union = $6
• Minimum balance to waive fees
• Eaton Family Credit Union = $0
• Bank = $1,115.97
• Credit Union = $0
• Online bill payment per month
• Eaton Family Credit Union = $0
• Bank = $6.95
• Credit Union = $0
• Use another bank's ATM
• Eaton Family Credit Union = $0 - then $2 per transaction after the 8 with direct deposit or funds on deposit
• Bank = $2.21
• Credit Union = $1.07
• ATM Surcharge
• Eaton Family Credit Union = $2
• Bank = $2.96
• Credit Union = $2.79
• Insufficient funds
• Eaton Family Credit Union = $25
• Bank = $34.48
• Credit Union = $27.82
• Stop Payment
• Eaton Family Credit Union = $25
• Bank = $31.09
• Credit Union = $19.43
• Overdraft
• Eaton Family Credit Union = $25
• Bank = $34.48
• Credit Union = $27.82