Cheapest Banking Fees Around

Submitted by georgiana on Fri, 08/20/2010 - 02:29.

I was intrigued to read that Coastal Federal Credit Union is implementing a new fee structure. Starting last Sunday their overdraft fee will be one penny! It's a bit hard to believe that with some banks charging 80 dollars for overdraft fees that a financial institution would lower their charge to essentially nothing, but it's true. I've also heard that other credit unions will be following suit. If you're still on the fence about joining a credit union this type of news might sway you.