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Jason Schneider

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LAKE FOREST, Ill.—Credit unions and banks have “blinked” in response Ally Bank’s move to eliminate its overdraft fee, according to a leading OD expert, who expects many more financial institutions will soon follow, with most reducing their price rather than eliminating the charge.

ANAHEIM HILLS, Calif.–Saying it is seeking to celebrate the 73rd anniversary of International Credit Union Day on Oct. 21, Credit Union of Southern California (CU SoCal) plans to give away a total of $5,000 to select members and non-CU SoCal Members who share stories of how a credit union helped them build a better tomorrow.

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