Category Archives: banks

Arizona Federal Credit Union must reverse course to cancel the $3 monthly membership fee and refund those fees already charged to current and past members.

NEW YORK – SunTrust Bank said on Monday it will stop charging a $5-per-month fee for using debit cards and return the fees it’s collected since June to its customers. SunTrust cancelled their $5 monthly fee and refunded all previously … Continue reading

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Arizona Federal Credit Union leadership didn’t learn from the mistakes of Bank of America, Chase Bank, Regions Bank, SunTrust Bank, Wells Fargo Bank.

It is often said that if one doesn’t study history, that one is doomed to repeat the mistakes of the past. We give AZFCU an “F” in history. We present for your review how the banks in 2011 announced $5 … Continue reading

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Arizona Federal has misleadingly deceptive propaganda on its website in an attempt to justify its wrongful fee.

Isn’t it ironic that Arizona Federal knocks Bank of America, Chase, and Wells Fargo for $5 monthly debit card fees, which the banks announced in 2011 and quickly retracted in 2011, yet Arizona FCU instituted a $3 monthly fee simply … Continue reading

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Arizona FCU propagandists are less than honest with members and journalists.

The mouthpiece of Arizona FCU, Steve Kelley, senior director of marketing, was recently quoted in the Credit Union Journal. http://www.cujournal.com/issues/17_14/arizona-federal-charging-3-dollar-monthly-membership-dues-1018585-1.html: “PHOENIX-Three months after instituting a $3 per month “membership dues” for members, the $1.2-billion Arizona Federal Credit Union said member … Continue reading

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The main issue is the unavoidable monthly $3 fee, which must be eliminated

People do not care so much if the financial institution where they keep their money is a bank, a credit union, or a savings and loan association.  People do not care so much about the distinctions or definitions of what … Continue reading

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Arizona Federal Credit Union has some of the highest, most excessive fees. Click the green Excel icon to download, or the folder icon to enlarge.

Are these high and excessive fees to feed the hungry bankers eating like pigs? A credit union should not be acting like a bank with excessive fees. A credit union should be trying to help members save, not trying to … Continue reading

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Arizona Federal Credit Union is not competitive with its out of touch $3 monthly member fee. Click the LOWER RIGHT folder icon to view full size or green Excel icon to download.

Arizona Federal is not listening properly to its members. The executives and Board of Directors need to start listening to what the member-owners want as they should be working for the member-owners, not against them.

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