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Podcast: The CU2.0 Podcast
Episode: CU2.0 Podcast Episode 34 Ben Premo TrueFees on Fee Transparency
Description: Send us Fan MailQuick now, how much did financial institutions collect in overdraft fees in 2017? The answer is $34.3 billion. That's right, billion. A lot of us are getting soaked by high bank fees and thus TrueFees, founded by Ben Premo whose intent is to shine a light on the actual fees charged by financial institutions.Premo told me that maybe one in two FIs are opaque about their fees. That is, the info isn't clearly and readily available online.But this is a fight credit unions are primed to win. Th...