Credit Unions Growing Popular as Banks Increase Fees
POSTED: Monday, October 10, 2011 - 3:17pm
UPDATED: Tuesday, October 11, 2011 - 3:14pm
More banks are hitting customers with fees, but there are ways to get around them.
Citibank announced increased fees for some of its checking accounts, and that they'll be phasing out free checking accounts, and if you have an EZ checking account, you'll need to keep $6,000 in your account or pay a fee of $15 a month.
And as you know last week Bank of America announced a $5 a month fee for using your debit card. Consumers are not happy and many of them are turning to credit unions.
Watch the video to learn more.