Confirmed victory

Stop stacking $31 overdraft fees to take advantage of struggling people

This petition made change with 64 supporters!


Michigan First Credit Union should reverse it's policy of taking advantage of struggling people--including students and Americorps volunteers--by stacking $31 overdraft fees and abusing the overdraft service to make quick and substantial money off of their members. Help me tell Michigan First that one $31 fee per mistake is more than enough. 

As an Americorps member, I take home a very modest living stipend every 2 weeks. We struggle to make ends meet so that we can serve as a full-time volunteers in struggling high schools in Detroit.  Michigan First Credit Union took away half of my paycheck overnight, charging me $155 in overdraft fees when I overspent on my groceries by just $16.  Help me take a stand and tell Michigan First that this is unjust and obscene.

When I called to speak to a customer service representative, I was told that because 5 purchases I had made before I went grocery shopping were run as credit, they did not go through right away, allowing Michigan First to charge me a new $31 overdraft fee for each of 5 small charges that left me $16 in the hole. This policy allowed Michigan First to make a nearly 1000% return on my one $16 mistake at the grocery store.  In good faith, I accidentally spent $16 more than I thought I had on groceries, and was charged $155 in overdraft fees. This service is clearly designed to take advantage of those members who are struggling the most.  Join me in sending a message to Michigan First Credit Union that this is wrong and inhuman. 

Sign this petition to send a message to Michigan First that one $31 fee per mistake is more than enough. 

 



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Kathryn Mulhern needs your help with “Michael D. Poulos: Stop stacking $31 overdraft fees to take advantage of struggling people”. Join Kathryn and 63 supporters today.