Recently few week backs, I have read in the news that one of the big banks in US is going to charge 5$ service fee to its customers for using Debit Card. After few weeks, I have surprised by seeing why that particular Bank have cancelled this extra charge/service fee implementation to its customers.
So if you are also one, who was perplexed by the announcements of Banks; here is article which highlights the recent migration of customers from Big Banks of US to credit Union.
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Below comment made me think to migrate to Credit Union! Now I will be hunting and heading towards the credit unions in my area to find out more.
"Even though the debit fees are gone, there are plenty of other reasons consumers might want to leave big banks, not the least of which is the prospect that those fees could pop up somewhere else in the future — and it might not be as transparent as a $5 charge for using your debit card, says one analyst".
Thanks
Happy Learning!
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