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Overdraft revenue Overdraft revenue for CUs dropped 5.3% in Q1. (Source: Shutterstock)

For the first time in five years credit unions experienced a year-over-year drop in overdraft revenue for the first quarter, suggesting that overdraft fees have risen to a breaking point for many members, according to new data from financial institution research firm Moebs Services.

Tina Orem

Credit Union Times

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