LAKE BLUFF, Ill.-Third-party providers that recommend pricing overdrafts as a penalty as opposed to a safety net are "doing a disservice to credit unions," according to one person.

Michael Moebs, economist and CEO at Moebs $ervices, said overdraft pricing should be set below $20 per returned item. He explained that when the price is at that level, well below the CU average of $25, members do not view overdrafts as a penalty.

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