Category Archives: Ronald L. Westad

Arizona Federal Credit Union – Mutually beneficial? For whom? Ronald L. Westad?

Arizona FCU says they paid out a $3 million bonus to a little over 77,000 members in December 2012. They also show they had Net Income, or earnings, of about $45 million, in 2012. There were almost 162,000 members as … 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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In 2003, Ron Westad spoke about his personal values and beliefs. “It wasn’t a matter of how much could we make or how much could we charge members.”

In 2003, 10 years before the unavoidable $3 monthly weasel fee took effect, Ron Westad spoke about his personal values and beliefs. “It wasn’t a matter of how much could we make or how much could we charge members.” When … Continue reading

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What happened to Arizona Federal’s commitment to serving the young, the poor, the underserved?

Is Ronald Westad and Arizona Federal turning its back on the young, the poor, and the underserved in our community? How is this mutually beneficial to society? Is the $3 per month and $36 per year weasel fee the right … Continue reading

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In 2008, it was “all about you, the member.” In 2013, it’s all about “us” rich fatcats.

In 2008, it was “all about you, the member.”  In 2013, it’s all about “us” rich fatcats.  Arizona Federal also stopped advertising free ID Theft Recovery Service they once offered to all members in 2008.  Now, to get ID Protect, all members must pay … Continue reading

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