Search
 

Chase Joins in ATM Hike as Fees Come Under CU Glare

HARRISBURG, Pa. -- The move by Bank of America and Wells Fargo last summer to raise ATM foreign fees to $3 is being joined by JPMorgan/Chase Bank, it was disclosed Monday, as the increases continue to come under scrutiny from credit unions and financial interest groups.

By Jim Rubenstein | Updated on January 28, 2008

HARRISBURG, Pa. — The move by Bank of America and Wells Fargo last summer to raise ATM foreign fees to $3 is being joined by JPMorgan/Chase Bank, it was disclosed Monday, as the increases continue to come under scrutiny from credit unions and financial interest groups.

Over the weekend, the president/CEO of the Pennsylvania Credit Union Association, James McCormack, reminded Harrisburg residents in a letter to the editor, following a news article on the topic, that Pennsylvania CUs, which are members of a statewide alliance, offer surcharge-free ATMs

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.