Arizona Federal’s performance the last 6 years has been terrible compared to the competition! Click green Excel icon to download, or lower right folder icon to view full size

Total assets are down 28% from year end 2007 to year end 2012. Yet unavoidable weasel fees are up from $0 per year in 2012 to $36 per year as of January 1, 2013. Why are members paying more but getting less? Have the executives salaries gone down correspondingly 28% in this time period, as they have run off members and run off deposits and assets?

Demand to know the truth! The leadership of Arizona Federal need to reveal their salaries to see if we, the members, are getting pay for performance.

Desert Schools Federal Credit Union, Arizona State Credit Union, Vantage West Federal Credit Union, Hughes Federal Credit Union, and Credit Union West all grew their assets from 2007 to 2012. In contrast, Arizona Federal is doing a terrible job.

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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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