Home Loans & Credit Marriott workers say they are drowning in credit union fees

Marriott workers say they are drowning in credit union fees

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Credit unions, not-for-profits that receive a federal tax subsidy, were originally designed to serve workers who didn’t have access to the kinds of bank accounts that their wealthier colleagues had. Through money made off loans, usually to those wealthier colleagues, credit unions were able to offer accounts for little to no cost. But over the years, as revenue from loans shrank, credit unions raised their fees.

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