U.S. Senate Federal Credit Union to Eliminate NSF and Overdraft Fees in Landmark Decision

In September 2022, the United States Senate Federal Credit Union (USSFCU) leadership and Board of Directors held a year-end strategic planning session where the topic of eliminating certain fees came to the forefront of discussion. NSF and overdraft fees quickly took centerstage and it was unanimously agreed upon that USSFCU members should no longer have to pay these fees. It was a landmark decision for the organization and one of the first of its kind in the credit union industry.

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