Other credit unions that have reduced or eliminated fees include:

As of Oct. 1, the Pembroke Pines, Fla.-based Power Financial Credit Union eliminated all overdraft and non-sufficient funds fees for members with personal or business accounts.
In September, the Oklahoma City-based WEOKIE Federal Credit Union reduced its fees from $27.50 per occurrence to $15 per occurrence.
In August, the $14 billion Chicago-based Alliant Credit Union stopped charging members for overdraft fees or NSFs on all checking and savings accounts. Alliant remains the largest credit union to eliminate those fees.
In July, the Madison, Wis.-based UW Credit Union reduced its overdraft and NSFs from $30 per occurrence to $5.

Dean added, "Ultimately our goal is to live our mission statement of 'Building Better Lives' and we are doing everything within our power to help our members do just that. By reducing fees, we are putting more money in our members' pockets, helping them take care of their families and build wealth for the future."

Instant Insights /

Affinity Becomes Iowa's First CU to Reduce, Eliminate Fees

Related Stories

Recommended For You