Valued Member
Posts: 3,854
Registered: ‎01-10-2008
pen fed seeks bigger return on fees

'The following changes to ACH fees will be effective July 1, 2009.

1. The fee for a Returned Preauthorized/ACH Return NSF increases from $25.00 to $30.00.

2. The fee for an ACH on Demand Returned by another Institution (for loan, savings and checking accounts) increases from $5.00 to $30.00.

3. A Returned ACH Loan or Credit Card Payment fee of $30 will be implemented.'


of course these are fees most of us avoid like the plague and will never encounter in any case but they are beginning to become indistinguishable from bank fees and apparently pen fed is/ was considering becoming one.

DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover