Tag Archives: owners

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

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

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

Posted in competition | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in banks, comparison spreadsheet, competition, principles, values, listening to members | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Arizona Federal Credit Union is abandoning their common bond mission of People Helping People.

http://www.arizonafederal.org/membership/ “You’d be crazy not to choose Arizona Federal for all of your banking and personal finance needs!” We’re local! We serve and employ Arizonans at our 15 Valley locations. And our home office is on 44th Street, over 2000 … Continue reading

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