CREDIT UNION ACCOUNT FEES

This is a discussion on CREDIT UNION ACCOUNT FEES within the Other Business & Finance Law Issues forum, part of the BUSINESS & FINANCE LAW category; Is it legal for a Credit Union in Florida, to charge a monthly statement fee for members that can afford ...

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Old Mar 11th, 2009, 10:47 AM   #1
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Confused CREDIT UNION ACCOUNT FEES

Is it legal for a Credit Union in Florida, to charge a monthly statement fee for members that can afford the fee?

Currently the Credit Union does not charge any account that has a minimum deposit balance, because if they did it would bring their account below the minimum deposit amount, therefore, would accrue low balance fees. Making their accounts not in good standing. The Credit Union does not charge those that don't have the money to cover the statement fee. Isn't this discriminatory? Only charge fees to those with the money to cover them?
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