BEAVERCREEK, Ohio–Wright-Patt Credit Union has become the latest to announce it isreducing or eliminating several fees.
The announcement comes less than a week after Stanford FCU announced it was eliminating OD fees.
“As prices for life’s everyday essentials continue to rise, Wright-Patt Credit Union is focused on helping members keep more of their hard-earned money and improve their Financial Flexibility and Freedom,” the $7.1-billion credit union said in announcing the changes.
The fees that have been reduced and eliminated by Wright-Patt Credit Union include:
Personal Account Fees — previously $19, now $9.
- Non-Sufficient Fund (NSF) fee
- Courtesy Pay Overdraft fee
- Debit Card Coverage Overdraft fee
Business Account Fees — previously $19, now $9.
- Overdraft fee
- Non-Sufficient Fund (NSF) fee
Stop Payment Fee — previously $25, now $9.
In addition, Wright-Patt said its non-WPCU-owned ATM Fee, which was previously $0.60 per transaction, has now been eliminated. This does not include the surcharge an ATM owner may charge for use of their machine.
“Since our founding in 1932, Wright-Patt Credit Union has always put the needs of our members first,” said Tim Mislansky, Wright-Patt Credit Union president and CEO. “As we celebrate 90 years of helping people, we believe lowering these fees will reduce financial stress and anxiety for our members when they carry low balances on their checking accounts, allowing them to keep more of their hard-earned money every time an unfortunate overdraft occurs. Reducing these fees reflects Wright-Patt Credit Union’s promise to put our members first, not profits. We will continue to evaluate our fee structures and practices because we’re always looking for ways to provide even more relief and peace of mind for our members.”
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