Arizona FCU is changing its stripes to focus on the wealthy, not “people of small means” or the underserved, or the most disadvantaged people in their community. Yet, they trumpet how much they care about member-owners and the community.
Are the tax-subsidized credit union services targeted to those most in need of subsidized financial services? Who should receive taxpayer-supported
“In my view, credit unions in the United States seems to be drifting towards becoming a not for-profit banking sector. Institutions that are virtually indistinguishable from mutual banks.” Norman D’Amours, Former NCUA Chairman