USC Credit Union Blog

USC Credit Union Blog

Credit Unions Ranked Number One in Consumer Satisfaction

Posted by Cal on Nov 25, 2014 2:00:00 PM

 

Read More

What Drives Consumers’ Checking Account Choices?

Posted by Cal on Oct 22, 2014 5:11:00 PM

Why do consumers choose one checking account instead of another? Data from thousands of checking account searches reveals the hot buttons behind consumers' decisions: locations, fees, advertising and word-of-mouth.

Using the online tool at FindABetterBank, active bank shoppers walk through a logical process to help them narrow down their checking account options. The system prompts them with questions about feature requirements and fee preferences. After they select an account as their “top choice,” they’re asked why they chose that particular account. Using the data generated from thousands of such searches, we can dissect and understand the various factors driving consumers’ decisions — features, fees, locations, promotions, etc.

Read More

ATM, Overdraft Fees Surge to Record Highs

Posted by Cal on Oct 9, 2014 3:50:00 PM

Fees for using out-of-network ATMs rose 5% over the past year and are up 23% over the past five years, according to Bankrate.com’s 17th annual checking survey. The average cost to consumers going outside their network is now $4.35 per transaction, a new high, and the eighth consecutive record-breaking year.

The average ATM surcharge jumped 7% to $2.77 per transaction, also a record high. The average surcharge has increased for 10 consecutive years. The most common fee is $3. Every institution Bankrate surveyed charges non-customers for usage.

Read More

Welcome to our Blog!

We provide the tools to build a smart financial future.

At USC Credit Union we put financial success in your hands. It's your future. Own it.

Subscribe

Recent Posts

Topics

see all

Follow Us