Tag Archives: dues
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
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
Credit Union industry slams unfettered greed of Arizona Federal Credit Union, which damages the “credit union” name
http://www.cutimes.com/2013/05/02/arizona-fcus-membership-fee-breaks-new-ground-some Arizona FCU’s Membership Fee Breaks New Ground, Some Members Flee By Peter Strozniak May 2, 2013 Arizona FCU loses 15,000 members because of new fee. Aimed at building primary loyalty, credit union contends the strategy is … Continue reading
Arizona Federal Credit Union competitors with Arizona branch locations. How do those other credit unions feel about their members?
Some of our supporters did an analysis comparing the statements of how competing credit unions feel about their members. While Arizona FCU looks down on its members, most other credit unions show an appreciation for their member-owners. See this link … Continue reading
Since Arizona Federal Credit Union wants to distinguish itself, it needs to have an accurate slogan and mission statement. Here are some ideas we have received: “Bad service, big fees.” “Pay more, get less.” “Less for you, more for us. … Continue reading
Who is most harmed by unavoidable monthly fees? The poor Assume an honest, hard-working, younger, poorer member, living paycheck-to-paycheck has $100 in their savings account and gets charged $3 in unavoidable membership fees per month, which is $36 per year, … Continue reading
Sure, Arizona Federal Credit Union is trying to pull the wool over the eyes of members by attempting to spin the $3 monthly fees as “member participation dues.” The member-owners see this for what it is, a fee, a tax, … Continue reading
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
Arizona Federal Credit Union fees and rates are extremely uncompetitive. Arizona FCU is not a smarter choice.
Arizona Federal Credit Union pays extremely low, uncompetitive rates on its share savings account, only 0.01%. Once you factor in the unavoidable $3 monthly weasel fees, which come to $36 in yearly fees, you could suffer a huge negative return. … Continue reading
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