“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” – Margaret Mead, American Cultural Anthropologist
Category Archives: financials
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
Posted in charts images pictures, financials
Tagged assets, AZ FCU, AZFCU, decline, declines, growth, leases, loans, loss, losses, member, members, membership, strategy, total
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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
Posted in charts images pictures, financials
Tagged AZFCU, azfcu.org, employee, employees, FTE, member, members, members served
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How much money on deposit do you need at Arizona FCU to recover the $36 in annual fees? About $500,000
How much money on deposit do you need at Arizona FCU to cover the $36 in annual fees? About $500,000! Arizona Federal Credit Union fees and rates are extremely uncompetitive. Arizona FCU is not a smarter choice. Arizona Federal Credit … Continue reading
Posted in financials
Tagged annual fee, annual fees, Arizona credit union, AZ, AZ FCU, AZFCU, azfcu.com, azfcu.org, Credit Union, FCU, fee, fees, financials
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Arizona Federal Credit Union has a new $3 Monthly Membership Fee! Greedy fatcat managers are forcing members to pay a mandatory $3 ripoff fee every month, simply for being a member. That's not mutually beneficial. 