SOUTHFIELD, Mich. — In response to member surveys and feedback, the Southeast Michigan State Employees Federal Credit Union has lowered its non-sufficient funds fee from $23 to $20. The decrease began on Sept. 25 and will continue for a six-month trial period.
|"An agreement ended with one of our consultants and it resulted in a huge savings to the credit union," explained Martin Hansen, CEO of SMSE FCU. "We were getting a lot of member feedback that indicated that the NSF fee was too high although competitively it doesn't appear to be. I decided to put that savings toward addressing the concerns of our members, which led to the lowering of the fee."
|SMSE FCU serves the lower southeastern portion of Michigan. State and local government employees and their families are eligible for membership.
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