BURLINGTON, Mass. – A "free-for-all" at Eastern Corporate Federal Credit Union this month will cost the corporate about $500,000 but it's all good.
The 300-credit union cooperative is celebrating is celebrating its 30th anniversary by eliminating nearly all of its service fees for the month of November, incuding those for product and service users of ACH and check processing, funds transfers, settlement services, security safekeeping and statement mailing.
The "November Free-for-All" program was made possible by particularly strong year in earnings and capital in 2008, the $1.5 billion corporate said, and was approved by its board of directors.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
