Tag Archives: month

Arizona Federal Credit Union must reverse course to cancel the $3 monthly membership fee and refund those fees already charged to current and past members.

NEW YORK – SunTrust Bank said on Monday it will stop charging a $5-per-month fee for using debit cards and return the fees it’s collected since June to its customers. SunTrust cancelled their $5 monthly fee and refunded all previously … Continue reading

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Why are unavoidable monthly fees harmful to members, credit unions, and society?

Who is most harmed by unavoidable monthly fees? The poor Assume an honest, hard-working, younger, poorer member, living paycheck-to-paycheck has $100 in their savings account and gets charged $3 in unavoidable membership fees per month, which is $36 per year, … Continue reading

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Arizona Federal Credit Union fees and rates are extremely uncompetitive. Arizona FCU is not a smarter choice.

Arizona Federal Credit Union pays extremely low, uncompetitive rates on its share savings account, only 0.01%. Once you factor in the unavoidable $3 monthly weasel fees, which come to $36 in yearly fees, you could suffer a huge negative return. … Continue reading

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