Credit Union of Vermont Saves Members $30,000 Per Year in Fees
September 27, 2018
The Credit Union of Vermont ($47 million assets) strongly believes in providing the greatest possible value for its member-owners. So maintaining a low level of fees is a prime consideration.
The credit union has maintained its $20 fee for insufficient funds (NSF) for many years, while watching other financial institutions steadily increase their NSF fees to $28, $35, $38, or more!
The credit unions lower fee results in its members saving an estimated $30,000 or more each year.
It’s just one more reason the Credit Union of Vermont has been rated as having the highest Return of Member Value (ROM) in the nation in 2016 and 2017 by Callahan & Associates, a leading ratings firm.