Deciding between old habits and change Source: Shutterstock.

In what was described as a “first step” to bring more value to members, the Flint, Mich.-based Financial Plus Credit Union ($830.9 million in assets, 57,891 members) released details on Wednesday that included the credit union dropping Non-Sufficient Funds (NSF) fees as of June 1.

In a statement from Financial Plus, the credit union attributed the NSF fees elimination to show “its commitment to operational efficiency and investments in technology” and the credit union’s president/CEO, Brad Bergmooser, said this move is just a first step as he anticipates more fee and product changes ahead.

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Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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