If you are unsure about whether or not to move your money from a big banks to a small, community bank and credit union, consider the statistics below from Consumer Reports:
| Item / Fee | Big Banks | Credit Unions |
|---|---|---|
| Non-interest Checking (per month) | $10.27 | $6.00 |
| Minimum Balance to Waive Fees | $1,115.97 | $500.00 |
| Online Bill Payment (per month) | $6.95 | $0.00 |
| Use Another Bank's ATM (per transaction) |
$2.21 | $1.07 |
| ATM Surcharge (per transaction) |
$2.96 | $2.79 |
| Overdraft (per transaction) |
$34.48 | $27.82 |
| Insufficient Funds (per transaction) |
$34.48 | $27.82 |
| Stop Payment (per transaction) |
$31.09 | $19.43 |
To learn more:
- Javelin Research Reports Results About Bank Transfer Day
- Learn About Credit Unions. Free Workshops At A Nearby City
- Keeping Its Commitment To Its Customers: A Bank Does The Right Thing
- Bank of America Merchant Services And Money Network Announce New Payroll Solution
- How To File A Complaint About A Bank
- Move Your Money To... Walmart? A Good Deal?
- Some Banks Reverse Decisions To Add New Debit Card Fees
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