Freedom Credit Union Launches Debit Card Campaign In Time For Bank Transfer Day
Bank Transfer Day is this Saturday, and not-for-profit banks like Freedom Credit Union are becoming a more and more popular choice for people who are fed up with the high fees most big-name banks are charging since passage of the Durbin Amendment.
In contrast to Bank of America’s whopping $5 a month debit card fee, Freedom is launching the “It Pays to Switch” campaign. We recently spoke with Freedom Credit Union Marketing Coordinator, Krista Barry, to find out more about the campaign and what it’s like to be a member of the credit union.
Says Barry, “We want our community to know that we are not going to hit them with extraneous fees for using their money.” Right now when you open a new checking account with Freedom credit Union, they’ll pay you to use your debit card. Take that, BofA! You’ll get a $5 bonus every month for a year, as long as you sign for a debit card purchase each of those months. On top of that,
Our parents are pivotal in how we learn about money and finance. We observe their spending habits, attitudes and values about money, and we often carry that to adulthood. Some of us are gifted with very financially savvy parents, while others aren’t as lucky. One of the many joys of life is becoming financially independent and discovering exactly how you and your parents differ on issues like budgeting, saving and investing.