Tag Archives: members

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 , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , | 4 Comments

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

Posted in angry members, principles, values, listening to members | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in angry members, principles, values, listening to members | Tagged , , , , , , , , , , , , , , | Leave a comment

Thank you to all the credit union insiders, credit union members for your comments, ideas, and feedback.

Thank you to all the credit union insiders and credit union members for your comments, ideas, and feedback. Your advice and guidance has been most helpful. Keep spreading the word and sending your ideas to us! We are making a … Continue reading

Posted in principles, values, listening to members | Tagged , , , , , , | Leave a comment

What can you do if you are angry with Arizona Federal Credit Union’s monthly $3 membership weasel fees

What can you do if you are angry with Arizona Federal Credit Union’s unavoidable $3 monthly weasel fee, which comes to 12 months x $3 every month = $36 every year? Here are some ways you can protest the unfair … Continue reading

Posted in angry members, principles, values, listening to members, what to do if you don't like the $3 fee | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

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 , , , , , , , , , , , , , , , , , , | Leave a comment