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Coastal Federal Credit Union's One Penny Overdraft Charge

Monday, August 30, 2010 - 12:47 PMCoastal Federal Credit Union - Details
Coastal FCU received praise from Clark Howard recently (see his show notes), due to their new overdraft policy:
Customers must meet one of two criteria to get the penny charge (instead of the credit union's usual $28 overdraft charge): They must either deposit enough money by midnight of the same day as the overdraft, or they must have only overdrawn their account by less than $10.

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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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