Eaton Family Credit Union News

Here is a really nice article from Kiplinger by Janet Bodnar titled, " How to Teach Kids to Handle Credit Cards ." She starts, "This four-step plan will help prepare your children to control their spending, pay bills on time and avoid fees." Cash is the cornerstone. Use a debit card wisely. Stay away from prepaid cards. Save a credit card for last. Click here to view the entire article. Thanks to our friends at  FamZoo for posting this article.

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 wa