Vent: My local credit union in Portland just killed their free checking

Last week I got a letter saying my free checking account now needs a $500 minimum balance or a $10 monthly fee. Three years ago I switched from a big bank to them specifically for no fees (and better local service, honestly). Now I'm looking at moving my direct deposit again, which is a huge pain. Has anyone else's small bank pulled this recently?

3 comments

3 Comments

wood.faith5d ago

Guess the "local" part didn't include local loyalty.

wesleyb205d ago

Ever notice how loyalty only goes one way with these places? I started checking prices at the discount store across town and it's way lower for basics. Now I just buy the fancy stuff local and get eggs somewhere else. You gotta split your list to make it work.

the_wesley5d ago

My grocery store's "everyday low price" on eggs went up twice last month. I mean, it feels like everything good gets taken back slowly until it's just normal and bad. Maybe it's just me but that's the real pattern now.