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Power Financial Credit Union (PFCU) announced on Monday that it has decided to eliminate all overdraft and non-sufficient funds fees for members with personal or business accounts. The new policy went into effect on Oct. 1.

Headquartered in Pembroke Pines, Fla. ($921.3 million in assets, 33,029 members), PFCU has become the only credit union in South Florida to remove these fees.

Michael Ogden

Editor-in-Chief for CU Times.

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