Category Archives: charts images pictures

Total Loans, Total Assets, Total Members crashing at AZ FCU since 2007. Pitifully poor performance.

The smartest AZ FCU members have voted with their money, closing their membership at AZ Fed, moving their money to better banks and credit unions, as illustrated in these declining metrics since 2007.  Browse the many pages on this site … Continue reading

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At AZFCU, the ratio of employees to members served is unfavorable and shows mismanagement.

As AZ FCU has intentionally run off members, instead of serving them, the number of full-time equivalent employees has not dropped enough in relation to the number of members being served.  When you have far fewer members to serve, you … Continue reading

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Despite claims to the contrary, Arizona Federal has a “fee them up” strategy

Since 2007, as fee income per member went up 64%, it should come as no surprise that members declined by 39%.  Did management salaries go down in proportion to the poor performance or did President Ronald Westad get a raise … Continue reading

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How do other banks and credit unions compare to AZ FCU, with $10,000 in your share savings account? Move your money!

Don’t be a sucker! Move your money! Don’t get ripped off by $36 EVERY YEAR to line the pockets of management, when similar services can be found FOR FREE at many other financial institutions. Consider your share savings balance and … Continue reading

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Arizona Federal pays the lowest and worst savings rate at AZFCU.org

Arizona Federal’s “The Power of US” slogan means that the insulting $3 unavoidable monthly fees are powering Arizona Federal to the detriment of its members.  Why get ripped off for $3 monthly, which is $36 annually, when you can go … Continue reading

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