Overdraft fees, long associated with big banks, are big business for credit unions too

Dec 28, 2023
A first-of-its-kind California law shows how much credit unions receive in overdraft charges, which often burden low-income families.
A San Diego County Credit Union branch in Escondido, California. The credit union collected $18 million in overdraft fees in 2022.
Scott Rodd

Just how safe are credit unions?

Jun 2, 2023
They have been known to fail, but generally they take less risk with their money than banks. Experts say make sure your deposits are insured.
Both credit unions and banks are generally safe, but credit unions may take less risk with the money you've deposited.
sshepard/Getty Images

The credit union that aims to be a "lifeboat" in times of crises

Aug 26, 2020
Bill Bynum says Hope Credit Union is his ministry, giving predominantly Black communities a place to bank.
Bill Bynum
Courtesy of Hope Credit Union

As relaxed regulations spur credit union memberships, banks cry foul

Apr 3, 2019
The two sides will meet soon in federal appeals court.
At the Move Your Money March in the downtown Los Angeles financial district in 2011, Occupy movement members called for people to move their money from banks to credit unions.
David McNew/Getty Images

Don't expect a credit union membership through work

Sep 5, 2016
This long-offered benefit is no longer as attractive to employees.
A Coastal Federal Credit Union branch located in Raleigh, North Carolina.
Haelliott/Wikimedia Commons

A small credit union brings Hope to New Orleans

Aug 5, 2015
Its investment in low-income communities helped the area rebuild after Katrina.
Bill Bynum, the CEO of Hope Credit Union, at his office in Jackson, Mississippi.
Caitlin Esch/Marketplace

For public good, not for profit.

Why are more people joining credit unions?

Aug 5, 2014
Credit unions have seen a spike in membership since 2011.

Little banks swing (and miss) at the big guys

Jul 23, 2014
People hate big banks, but small banks are struggling to win them over.

Michigan State Rose Bowl tickets too expensive? Take out a loan

Dec 12, 2013
Tickets for the Rose Bowl are the most expensive ever. One Michigan credit union is giving cash-strapped fans options.