“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
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Tag Archives: member
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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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
Posted in angry members, banks, competition, principles, values, listening to members
Tagged $3, $5, atm, avoid, avoidable, bank, banks, card, charge, credit, debit, debits, due, dues, fee, member, membership, unavoidable
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Arizona Federal Credit Union, Arizona Federal, AZFCU, AZFCU.org Who owns a credit union?
A credit union, by the nature of its organizational structure, is owned by the members. Each member is an equal owner, regardless of their balance size, length of membership, account activity. So if you have $25 in your account and … Continue reading
Posted in angry members, principles, values, listening to members
Tagged Arizona, AZFCU, azfcu.com, azfcu.org, banks, credit, FEDERAL, member, members, membership, own, owner, owners, ownership, stockholders, union, unions
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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
Posted in angry members, comparison spreadsheet, competition, principles, values, listening to members
Tagged $3, Arizona, Arizona FCU, Arizona Federal Credit Union, avoid, bank, banking, banks, best, competition, competitor, cooperation, Credit Union, due, dues, economic, fee, fees, low fees, lower fees, member, members, membership, no fees, participation, Phoenix, top, unavoidable
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Arizona Federal Credit Union – New Slogan and Mission Statement
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
Why is the $3 monthly weasel fee, which encourages the poor and young to leave Arizona FCU, a foolish short-sighted decision?
Why is the $3 monthly weasel fee, which encourages the poor and young to leave Arizona FCU, a foolish, short-sighted decision? 1 It is not ethically right, because it is intentionally discriminatory to the young and poor. 2 It is … Continue reading
Posted in angry members, principles, values, listening to members, underserved
Tagged bank, banking, banks, community charter, credit, credit unions, difference, different, fees, member, members, poor, principles, values, listening to members, tax, tax-exempt, tax-exemption, taxes, underserved, union
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April 15 is known as tax day in the USA. Arizona Federal is “taxing” its members to death.
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
Posted in angry members, principles, values, listening to members
Tagged $3, account, accounts, due, dues, fee, fees, member, members, month, participation
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The main issue is the unavoidable monthly $3 fee, which must be eliminated
People do not care so much if the financial institution where they keep their money is a bank, a credit union, or a savings and loan association. People do not care so much about the distinctions or definitions of what … Continue reading
Posted in angry members, banks, principles, values, listening to members, underserved
Tagged Arizona, arizona federal, ArizonaFederal.org, azfcu.org, bank, banking, banks, credit, Credit Union, customer, customers, FEDERAL, fees, member, members, owner, owners, poor, poverty, problem, underserved, union, who can join
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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
Posted in principles, values, listening to members, Ronald L. Westad, underserved
Tagged $3, Arizona, arizonas, bank, banking, beliefs, ceo, contact, credit, due, dues, FEDERAL, fee, fees, GPUL, greater, Internet, league, member, members, monthly, owner, personal, Phoenix, poor, president, ron, ronald, service, underserved, union, unions, urban, values, westad, young
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