Tag Archives: executives

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 Federal’s performance the last 6 years has been terrible compared to the competition! Click green Excel icon to download, or lower right folder icon to view full size

Total assets are down 28% from year end 2007 to year end 2012. Yet unavoidable weasel fees are up from $0 per year in 2012 to $36 per year as of January 1, 2013. Why are members paying more but … Continue reading

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