The Power of Us delivers for You!
We’ve had another successful year in 2018 – so much so that we’re on track for another member payout in excess of $6 million to be paid to eligible members on December 31.
In fact, since changing our business model on January 1, 2013, we’ve had six consecutive years of success that have restored the financial strength and soundness that we enjoyed for so many years before the Great Recession.
The success of our cooperative is due entirely to you, our members. So in addition to another big member payout this year, our volunteer Board of Directors recently voted to make other changes in 2019 to make things better for all Arizona Federal members!
These changes will result in a no-cost membership for approximately 90,000 of our 120,000+ members!
In short, we’re moving away from our model of assessing $3 monthly membership dues to all members. We’re replacing that with a monthly checking account fee – but, we’ll waive it if you complete 10 or more qualifying transactions in the prior month.
We’ll also waive the fee if you’re under age 21. These changes will result in a no-cost membership for approximately 90,000 of our 120,000+ members! And the remaining 30,000 can achieve a no-cost membership by further utilizing their existing accounts.
Thank you again for continuing to choose Arizona Federal for your financial needs. Because of all of you, things are getting better for all of Us!
Ronald L. Westad