Banks Raise Debit Card and Checking Fees - What's Next? Credit Union Executive Available to Address Fees, What's to Come, CU Benefits

Oct 12, 2011, 15:17 ET from Michigan First Credit Union

LATHRUP VILLAGE, Mich., Oct. 12, 2011 /PRNewswire/ --

What: As the big banks of corporate America continue to announce new fees for debit cards, checking accounts and more, the benefits of community credit unions are becoming even more apparent to consumers. With services like free checking becoming a thing of the past for big banks, what's next for consumers?

Who: Michael Poulos, president and CEO of Michigan First Credit Union, can provide insights on these and other potential changes in the financial industry. For example, he predicts some banks may begin increasing their ATM fees or reducing the number of ATMs.

Contact: To set up an interview or for more information, please contact Susie Johnston at (248) 304-1449, or

About Michigan First Credit Union

Based in Lathrup Village, Mich., Michigan First Credit Union is one of the leading technology-focused credit unions in metro Detroit. The rapidly growing, full-service financial institution serves more than 82,000 members and has more than $640 million in assets. Founded in 1926 as the Detroit Teachers Credit Union, Michigan First has since expanded to serve those who live, work or worship in Wayne, Oakland and Macomb counties, as well as local businesses. Michigan First is committed to continuously investing in its members, the community, youth and financial literacy initiatives and providing members with the latest in banking technology and services. For more information, visit

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Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Michael Poulos

Media Contact:
Susie Johnston
(248) 304-1449

SOURCE Michigan First Credit Union