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Compliance

Why 1 CU Stopped Just Shy Of 'Free'

SEP 17, 2010 1:40pm ET

RALEIGH, N.C.-With one exeption, credit unions that spoke with Credit Union Journal reported they have not altered pricing to encourage members to opt-in to overdraft programs. The $2-billion Coastal FCU in Raleigh, N.C., for instance, developed a unique promotion to charge a penny for overdraft fees if members correct the...

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