FSCC Slashes MyCUAnywhere Text Banking Fees
ONTARIO, Calif. – Financial Service Centers Cooperative said yesterday it is reducing fees on its MyCUAnywhere text banking transactions to 35 cents per transaction.
The shared branching network said credit unions pay no set-up fees, no monthly maintenance fees and no minimum monthly usage fees.
MyCUAnywhere offers mobile text banking capability to credit union members. Credit unions only pay per member transaction.
“The rapid acceptance of the product is what is making this price reduction possible so soon after the product launch,” says Bonnie Kramer, executive vice president for FSCC. “We launched just over a month ago and member acceptance has been well beyond our projections.”