Comments on: A piece of cake or the whole cake? http://cuinnovators.com/blog/a-piece-of-cake-or-the-whole-cake/ At CU Innovators, we help credit unions, CUSO's, and service providers create meaningful products and services for their members and clients. Mon, 14 Mar 2011 17:53:41 +0000 hourly 1 By: Joshua Yates http://cuinnovators.com/blog/a-piece-of-cake-or-the-whole-cake/comment-page-1/#comment-665 Joshua Yates Wed, 02 Dec 2009 13:52:24 +0000 http://blog.cuemployee.com/?p=411#comment-665 It sounds like a great source of income, but potentially an opportunity for losses. If one person walked away from a -$1,000 balance is washes away 50 months of $20 fees. It sounds like a great source of income, but potentially an opportunity for losses. If one person walked away from a -$1,000 balance is washes away 50 months of $20 fees.

]]> By: Mary Arnold http://cuinnovators.com/blog/a-piece-of-cake-or-the-whole-cake/comment-page-1/#comment-664 Mary Arnold Fri, 06 Nov 2009 16:01:15 +0000 http://blog.cuemployee.com/?p=411#comment-664 Robbie, I just heard a CEO/Executive Team Network speaker say this week that there's a bank planning to offer an unlimited overdrafting account for something like $20 per month. Unfortunately, I don't know which bank. Robbie,

I just heard a CEO/Executive Team Network speaker say this week that there’s a bank planning to offer an unlimited overdrafting account for something like $20 per month. Unfortunately, I don’t know which bank.

]]> By: Travis Carnahan http://cuinnovators.com/blog/a-piece-of-cake-or-the-whole-cake/comment-page-1/#comment-663 Travis Carnahan Thu, 05 Nov 2009 00:26:06 +0000 http://blog.cuemployee.com/?p=411#comment-663 Robbie, The problem is that you still have to draw a line somewhere with overdrafts. Right now that line is drawn at 0; if you put a plan like you are suggesting in place where do you draw the line again? I think you may be on to something, but eventually I see people further down the road (further in debt) still having the same problem simply because they lack SELF-DISCIPLINE (before anyone goes haywire on me that is the same reason that I weigh 50 lbs more than I want to and have more debt than I should). (Just my $.02) Robbie,
The problem is that you still have to draw a line somewhere with overdrafts. Right now that line is drawn at 0; if you put a plan like you are suggesting in place where do you draw the line again? I think you may be on to something, but eventually I see people further down the road (further in debt) still having the same problem simply because they lack SELF-DISCIPLINE (before anyone goes haywire on me that is the same reason that I weigh 50 lbs more than I want to and have more debt than I should). (Just my $.02)

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