MADISON, Wis. (6/16/15)--An article in USA TODAY’s Monday issue highlighted credit unions as one of the ways consumers can “avoid throwing money down the drain.”
Paying banking fees was among 10 ways USA TODAY said consumers commonly waste money. Credit unions were identified as an alternative to banks.
“Credit unions typically offer free checking accounts and savings accounts with better interest rates,” the article said. “If you find yourself frequently out of cash and paying charge after charge from ATMs, instead get into the habit of getting cash back from debit purchases when you are out grocery shopping.”
Other “money-drainers” identified in the article included: