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.