The Anti-BofA

October 2011
Credit Union Journal;10/10/2011, Vol. 15 Issue 39, p1
Trade Publication
The article reports on the initiative of Coastal Federal Credit Union (FCU) to pay members higher checking interest for more usage of debit card. It says that Coastal FCU has raised its yield on its Go Green Checking product to annual percentage yield (APY) of 2.51% when members complete 30 debit transactions every month. Moreover, Coastal chief executive officer (CEO) Larry Wilson notes that the move offers growth opportunity especially among young members.


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