Tired of Rising Bank Fees?
If you are a victim of rising bank fees, some alternatives could be switching to a credit union or a regional bank. Do your research, and see what works for you!
Published Feb 26, 2018
Tired of Rising Bank Fees?
According to Fox Business bank fees have risen for the 15th year on a row.
If you are a victim of rising bank fees and are looking to save extra dollars each month here are some alternatives for you:
Credit Unions
- Top Credit Unions offer same technological advances as your typical monster bank
- You’ll be able to loan money at a lower rate while receiving a higher interest on your savings. CDs, etc.
- You’ll have same level FDIS insurance
- Go to mycreditunion.gov to search for quality Credit Unions in your area
Regional Banks
- Many regional banks have caught up in their service offerings to the level of monster banks
- You’ll find that most will give you higher customer satisfaction
- Most will have fewer or lower fees
- Go to J.D. Power to look at best and worse ranked regional banks in your area
Today's tip brought to you by Mvelopes and Money4Life Coaching.
Originally published March 08, 2018.
