CU's in the News

Last week, Credit Unions were highlighted on The Today Show during a segment on credit card fees.

During the show, Today Show host Matt Lauer interviewed a financial expert--Carmen Wong Ulrich--about credit card fees. Some major credit card companies--such as Bank of America and Citibank, plan to begin charging cardholders fees for inactivity. Lauer asked Ulrich how consumers can avoid paying the fees.

Ulrich responded: "About 80% of companies aren't charging these new fees--especially credit unions." The Today Show interview can be seen in its entirety below.