At Lafayette Federal Credit Union in Kensington, officials wasted no time in taking aim at Bank of America’s decision to levy fees on debit cards. Within two weeks of the megabank’s Sept. 29 decree, the credit union placed ads in area newspapers telling consumers:
“There’s no reason to pay your bank, when we’re here to pay you, with: no-fee checking and debit card, no minimum balance requirements . . . dividends paid quarterly.”
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