The $4.2 billion Bethpage FCU is offering new member checkingaccounts a guaranteed lifetime pledge that it will not chargedebit, maintenance, minimum balance or foreign ATM fees.
The pledge announced this week follows the 190,000-member creditunion's introduction of a free checking option for members thissummer. In February, Bethpage FCU launched a website named www.freecheckingforlongisland.com.
Bethpage said it was making the moves “following new regulationscurbing bank's long-established revenue streams … just as banksgeared up to eliminate free checking for customers.”
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