THE BENEFITS OF A FINANCIAL COOPERATIVE

Arizona Federal Members Receive A Year-End Bonus

Phoenix, Ariz. (January 2006) – Arizona Federal returned $2.7 million to its members as part of the not-for-profit financial cooperative structure of the credit union. Each member of Arizona Federal received an additional $15 dividend on December 31st totaling $2.7 million.

The deposit was a return of earnings for members utilizing the services of the credit union.

“When someone establishes an account at Arizona Federal, they don’t just become a member—they become an owner in the credit union,” said Ron Westad, President & CEO. “This $15 dividend is a return for our members’ commitment to and participation in their organization. Our on-going commitment is to provide value to our members by translating our financial cooperative structure and not-for-profit status to the financial advantage of each individual that utilizes the services of the credit union.”

For more information about becoming a member/owner of Arizona Federal or to learn more about what programs and services the credit union offers, please call (602) 683-1000 or visit www.ArizonaFederal.org.

Arizona Federal is one of the state’s largest credit unions with more than $1.4 billion in assets, over 180,000 members and 22 Arizona locations. Arizona Federal is dedicated to effectively serving its members’ financial needs through a professional staff, sound economic principles and a full range of financial services according to the philosophy of people helping people. Arizona Federal is also dedicated to providing financial education and playing a positive role in the community.

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