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New Cornerstone Product for CUs: Average Retail Fees Report
Friday, October 21, 2016 7:00 AM

Retail FeelsThe Cornerstone Credit Union League is now providing members with a new product called the Average Retail Fees Report, which will be provided on a bi-annual basis as a benefit of membership in the league.

The report will contain the average fees charged by banks and credit unions nationally, as well as in Arkansas, Oklahoma, and Texas individually. We are excited about this new offering, and we are confident you'll find it a great resource for your credit union.

Credit unions will be able to compare fees charged for cashier's checks, traveler's checks, gift cards, money orders, stop payment, paper copies of statements, coin counting, dormant accounts, bill pay transactions, telephone transfers, account research, NSF/overdraft, wire transfers (domestic and international), safe deposit boxes, ATM/debit cards, CD early withdrawal, checking, regular savings, and money market accounts.

The report will be housed on the Cornerstone website under “Credit Union Statistics and Reports,” and you'll need your CU Passport ID and password to access it.

If you have any questions about this report, please contact Doug Foister, VP Research, at dfoister@cornerstoneleague.coop or call 469-385-6477 (direct) or 800-442-5762, ext. 6477 (toll free).