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By Natasha Chilingerian |
April 1, 2012
Do credit union members think more positively than non-credit union members do when it comes to the U.S. economy and their personal finances? According to the Discover U.S. Spending Monitor, a monthly consumer survey conducted by banking and payment services giant Discover Financial Services, the answer is yes.
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By Natasha Chilingerian |
February 5, 2012
Credit unions lost $1.4 billion in overdraft revenue in 2011 due to a bank-initiated overdraft price increase and the increasing popularity of alternative short-term loans, according to a new study from Lake Bluff, Ill.-based research firm Moebs Services.
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By Natasha Chilingerian |
September 14, 2011
If you’re going to overdraw your checking account by $100 or less, your most cost-effective bet is to borrow money from a payday lender, not to use an overdraft service or let your check bounce.
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By Natasha Chilingerian |
September 7, 2011
I recently reported an interesting statistic out of Lake Bluff, Ill.-based economic research firm Moebs Services: 77% of U.S. consumers chose to allow for debit card and ATM overdrafts since the 2010 implementation of Regulation E.
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By Natasha Chilingerian |
September 5, 2011
Interesting stat: 77% of U.S. consumers chose to allow for debit card and ATM overdrafts since the 2010 implementation of Regulation E.
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By Natasha Chilingerian |
August 24, 2011
A new study conducted by Lake Bluff, Ill.-based economic research firm Moebs Services reveals that since the Federal Reserve’s August 2010 implementation of Regulation E, which requires financial institutions to receive consumer approval prior to cover debit card and ATM overdrafts, CU overdraft transaction prices have remained flat at $25.
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By Natasha Chilingerian |
August 12, 2011
Moebs Services study finds number of offerings dropping for for savings or credit lines, debit and ATM usage rising.
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By Joyce Moed |
October 20, 2010
By the end of 2010, the banking industry is expected to have earned $35.4 billion in overdraft fee revenue, down from $37.1 billion in 2009 and on track with 2008, according to a recent Moebs Services study.
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By Lindsey Siegriest |
April 7, 2010
A recent survey conducted by economic research firm and overdraft program provider Moebs Services showed that 1,800 banks and credit unions have made changes to
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By Lindsey Siegriest |
March 24, 2010
A recent survey conducted by Moebs Services showed that 1,800 banks and credit unions have made changes to their overdraft strategy since Regulation E was made a requirement in November 2009 by the Federal Reserve.
