Which credit unions have the lowest fees?
Credit unions have a well-earned reputation for offering lower fees on their checking accounts than banks. But some credit unions are great fee fighters even by the standards of this consumer-friendly group.
Of the nation’s 50 largest credit unions, these five institutions had the lowest overall fees, according to Bankrate’s 2015 Credit Union Checking Survey.
Bankrate took the sum of all the fees included in our survey that members would typically pay, including fees for monthly service, nonsufficient funds and using an out-of-network ATM.
5th-lowest fees: Virginia Credit Union
Richmond, Virginia
*Fee total: $22
*Fees include one monthly service fee, one instance of nonsufficient funds and one instance of a fee for using an out-of-network ATM.
4th-lowest fees: SchoolsFirst Federal Credit Union
Santa Ana, California
*Fee total: $21
*Fees include one monthly service fee, one instance of nonsufficient funds and one instance of a fee for using an out-of-network ATM.
3rd-lowest fees: Police and Fire Federal Credit Union
Philadelphia
*Fee total: $19
*Fees include one monthly service fee, one instance of nonsufficient funds and one instance of a fee for using an out-of-network ATM.
2nd-lowest fees: Star One Credit Union
Sunnyvale, California
*Fee total: $16
*Fees include one monthly service fee, one instance of nonsufficient funds and one instance of a fee for using an out-of-network ATM.
Lowest fees: State Employees’ Credit Union
Raleigh, North Carolina
*Fee total: $13.75
*Fees include one monthly service fee, one instance of nonsufficient funds and one instance of a fee for using an out-of-network ATM.
