credit unions

Fewer Than 1 in 4 Americans Trust U.S. Financial System

Americans are growing even more distrustful of their financial institutions. The latest figures from the quarterly Chicago Booth/Kellogg School Financial Trust Index showed that only 23% of those surveyed said they trust the country's financial systems, down from 25% in June.

A Too-Convenient Truth: How Auto-Pay Hooks Us

Many of us have our bank accounts running almost on autopilot: Paychecks go in and bills get paid automatically, and any details we need to deal with are handled easily online. But these conveniences come at a price -- they make it too much trouble to leave a bank, even when its fees get outrageous.

Bank Fees Push More Americans to Credit Unions

Big Wall Street banks haven't been winning many fans lately with their new fees and constant search for loopholes in the Obama administration's consumer protection laws. Bank of America's new fees on debit cards could be the last straw for some. The alternative many Americans are turning to: credit unions.

Cash-Strapped Americans Can't Break Overdraft Habit

Overdraft fees are like a movie monster that just won't die. No amount of public outrage or regulation can slay the beast. But the banks aren't the only ones casting overdrafts in financial sequels: Truth is, consumers keep breathing life into the overdraft dragon.

Free Checking Lives, With Sneaky Fees

You might assume that free checking is one of those banking benefits on the way out, but that's not the case: More than a third of checking accounts charge no monthly service fee. But that doesn't mean that banks don't expect to profit from your checking business. Here are the fees that make "free" a highly inappropriate designation -- and how you can avoid them.

Trust in Banks Falls Back to Financial Crisis Lows

Americans' overall trust in the nation's financial system has dropped from 26% to 20%, a level that matches the lows recorded during the heart of the financial crisis in late 2008, according to the latest results from the Chicago Booth/Kellogg School Financial Trust Index.

Credit Unions Offering More Services

Credit unions, which as a group weathered the financial crisis better than banks, have been expanding their range of products and offerings recently....

Tips to Reduce Your Banking Costs

Everyone knows that if you want to save money, banks are a great place to sock it away. But if you're not saving enough these days, you might want to...

Where to Find Cheaper Mortgages

Interest rates for 30 year fixed-rate mortgages have fallen to record lows, but consumers can get even better deals -- at smaller banks and credit unions. Find out why.

Obama, Geithner Target Loan Help To Worst-Hit Areas

As part of an effort to redirect TARP funds from Wall Street to Main Street, the Treasury Department Wednesday announced a program that will help local financial institutions get more loans out to people and businesses in the communities hardest hit by the recession.