ASmarterChoice.org lists alternative credit unions in your area, that are nicer than Arizona Federal Credit Union

Credit unions are democratically owned.  Did the members have an opportunity to vote for this $36 annual fee for the so-called privilege of being a member?  NO!  To make it worse, they insult US with the so-called “Power of US,” so that the executives can make bigger bonuses on the back of the little guy.  Thousands of good hard-working Arizonans have closed or will be closing our accounts because we do not want to support the fatcat bankers here, until the $3 monthly weasel fees are rescinded.  Why aren’t the board members on the Board of Directors properly representating the will of the people, the member-owners of the credit union? Arizona FCU has lost its moral compass.  These fees are not mutually beneficially.  It’s time to take back OUR credit union.  It does NOT belong to CEO Ronald L. Westad and he does not deserve to have his pockets stuffed with OUR money.  Arizona FCU made $44,478,692 or almost $45 MILLION in PROFIT last year, AFTER paying for all salaries, services, technology upgrades.  Levying $6 million in new fees as necessary to pay for upgrade technology and services is dishonest.  Charging $36 in annual fees for being a member is simply wrong.  Not even a bank is that greedy!  Multiply $36 per year x 162,000 members adds almost $6 MILLION more to the credit union. This is uncalled for, unjustified, inappropriate!  Those profits belong to the member-owners of the credit union. 

 

There are many alternative credit unions at ASmarterChoice.org that have community memberships where most people can join, such as

Alhambra no fee,
Alliant no fee,
Altier no fee,
Arizona Central $1000 or a 2nd service to avoid fees,
Arizona State no fee,
Canyon State no fee,
Credit Union West no fee,
Deer Valley no fee,
Desert Schools $200 balance or 2nd service to avoid fee,
First Credit Union no fee,
First American no fee,
Hughes no fee,
Marisol no fee,
Pima no fee,
Pinal County no fee,
Pyramid no fee,
San Tan no fee,
Sunwest no fee,
Tempe Schools no fee,
Truwest no fee,
Tucson Old Pueblo no fee,
Vantage West no fee.  

Go to http://www.ASmarterChoice.org to find a friendly, non-greedy credit union by inputting your zip code.  It will tell you which credit unions are near you, so find someone who values you, instead of supporting this fee shakedown.

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About Arizona Federal Credit Union Members United

Arizona Federal Credit Union Members United is a group of over 100 members and former members who care about our credit union being run fairly. The leadership of the credit union has failed to represent us properly by enacting a new and unnecessary, unavoidable, unconscionable, $3 monthly membership fee that we did not want. The members did not ask for this. Before implementing such a counter-productive fee, the proposal should have been put up for a vote to all the members to decide, so the will of the people is followed. The member-owners of Arizona FCU should not be taxed $3 monthly, simply for being a member. We want all the $3 monthly member fees refunded to all current and past members, the elimination of the fee going forward, and the elimination of the $25 rejoining fee. We are against any financial institution charging an unavoidable ongoing membership fee, simply for being a member. This is the wrong approach. Members and customers should be valued, not punished. We want to see Arizona FCU succeed, not fail. Imposing unfair policies that are detrimental to the long-run success of the credit union and detrimental to society should be abolished.
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