ARIZONA FINANCIAL EDUCATION ASSOCIA

SCOTTSDALE, AZ · EIN 611745191 · Form 990EZ · FY2022 · Micro (<$100K) · www.arizonafinancial.org

revenue

—

expenses

—

net assets

employees

—

mission · from form 990

THIS CORPORATION IS ORGANIZED TO PROVIDE CHARITABLE FINANCIAL EDUCATIONAL SERVICES FUNDED BY THE EARNINGS OF AN ARIZONA, NON-PROFIT CORPORATION. PRIMARY SERVICES INCLUDE SECONDARY EDUCATIONAL PLANNING TO MIDDLE SCHOOL AND HIGH SCHOOL GRADE LEVELS. CORPORATION IS ACTIVELY ENGAGED IN EDUCATING PARENTS, STUDENTS AND OTHER INTERESTED PARTY'S IN THE FAFSA APPLICATION PROCESS AND SECONDARY EDUCATION LOAN/GRANT QUALIFICATION OPTIONS. IN ADDITION, FUNDING SUPPORTS THE ARIZONA SPINAL CORD INJURY ASSOCIATION FOR RESEARCH AND OPERATIONAL COSTS ASSOCIATED WITH SERVING THE MEMBERS OF THEIR COMMUNITY.

profile · synthesized from sources

Arizona Financial Credit Union is a financial institution providing banking services to individuals and businesses in Arizona. It offers checking and savings accounts, loans, credit cards, and financial tools including mobile and online banking. The credit union serves members through branch locations, digital platforms, and a 24/7 call center.

named programs · 3 · from sources

what they call their work

CO-OP Shared Branching

Network access to over 30,000 ATMs and shared branches nationwide for deposits and withdrawals

Mobile and Online Banking

Digital banking services allowing members to manage accounts, deposit checks, pay bills, and securely message the credit union

Premier Checking Account for Young Adults

Checking account designed for young adults with no monthly service fee until age 25, featuring early pay deposit, mobile banking, and free credit monitoring

activities · 5 groups

what they do

Debit Card Donation Programs 8 activities
- Charitable giving and community donations
  
  Established the Arizona Financial Foundation to expand charitable giving and has distributed over $1 million to local nonprofits since 2018 through a debit card program that generates donations with each purchase.
- Charitable giving and nonprofit support via debit card program
  
  Distributed over $1 million to local nonprofits since 2018 through a debit card program that generates donations with each purchase.
- Charitable giving through debit card program
  
  Distributed over $1 million to local nonprofits since 2018 via a debit card program that generates donations with each purchase.
- Charitable giving through financial operations
  
  Administers a debit card program that generates donations to local nonprofits with each purchase, distributing over $1 million since 2018. Also established the Arizona Financial Foundation to expand charitable giving capacity.
- Expand charitable giving through a foundation
  
  Established the Arizona Financial Foundation to expand charitable giving initiatives.
- Foundation for expanding financial education and charitable giving
  
  Established the Arizona Financial Foundation to expand charitable giving, likely supporting financial education and community initiatives.
- Foundation for expanding financial literacy and charitable giving
  
  Established the Arizona Financial Foundation to expand charitable giving, likely in support of financial education and community development initiatives.
- Support local nonprofits through debit card program
  
  Distributes over $1 million to local nonprofits since 2018 through a debit card program that generates donations with each purchase made by members.
Basic Banking and Savings Accounts 5 activities
- Financial product and account services
  
  Offers a range of financial products including Savings, Money Market, and Savings Certificate accounts (available online), Individual Retirement Accounts (requiring in-branch opening), Premier Checking, and Free Checking accounts with no monthly fee or fee waivers for young adults under 25. Accounts are supported by online and mobile banking tools.
- Member incentives and fee waivers
  
  Offers monthly service fee waivers for young adults under 25 with a Premier Checking account and provides Free Checking accounts with no monthly service fee. Also launched Loyalty Rewards and Relationship Discounts programs to recognize member partnerships.
- Online account opening for savings products
  
  Enables existing members to open Savings, Money Market, or Savings Certificate accounts online, with accounts opened within 2 business days.
- Online account opening for savings products
  
  Enables existing members to open Savings, Money Market, or Savings Certificate accounts online, with accounts processed and opened within 2 business days.
- Provide banking services
  
  Offers various banking accounts including Free Checking, Premier Checking (with fee waivers for young adults), Savings, Money Market, and Savings Certificates. Members can open some accounts online and manage them through a mobile banking app or online banking.
Credit Union Financial Services 4 activities
- Financial product and account services
  
  Offers a range of financial products including retirement planning, 401(k) rollovers, IRAs, annuities, stocks, bonds, mutual funds, and life and long-term care insurance through Arizona Financial Investment Solutions. Members can open Savings, Money Market, or Savings Certificate accounts online, with accounts activated within two business days.
- Financial product and investment services
  
  Offers retirement planning, 401(k) rollover options, stocks, bonds, mutual funds, IRAs, annuities, and life and long-term care insurance through Arizona Financial Investment Solutions. Individual Retirement Accounts require in-branch opening.
- Investment and insurance solutions
  
  Provides investment and insurance services through Arizona Financial Investment Solutions, including retirement planning, 401(k) rollovers, stocks, bonds, mutual funds, IRAs, annuities, and life and long-term care insurance.
- Offer investment and retirement planning services
  
  Provides retirement planning, 401(k) rollover options, stocks, bonds, mutual funds, IRAs, annuities, and life and long-term care insurance through Arizona Financial Investment Solutions. Individual Retirement Accounts require in-branch opening.
Digital Banking and Payment Services 3 activities
- Customer support for digital banking
  
  Provides phone-based customer support during business hours to assist members with accessing and using online banking services.
- Online and mobile banking access
  
  Provides members with a mobile banking app to manage personal and business accounts, online direct deposit forms via desktop online banking, and support via phone during business hours to assist with online banking access.
- Provide customer support for online banking
  
  Offers customer support via phone during business hours to assist members with online banking access.
Member Benefits and Support Services 3 activities
- Member loyalty and retention programs
  
  Operates Loyalty Rewards and Relationship Discounts programs to recognize and thank members for their ongoing partnership.
- Member rewards and retention programs
  
  Operates Loyalty Rewards and Relationship Discounts programs to recognize and incentivize member partnerships.
- Reward member loyalty
  
  Operates Loyalty Rewards and Relationship Discounts programs to acknowledge and thank members for their partnership.

financials · form 990EZ · fy2022

revenue

Total revenue—

Contributions & grants——

Program service revenue——

Investment income——

Other revenue—

expenses

Total expenses—

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits—

Grants paid out—

balance sheet

Total assets$0

Cash—

Investments—

Liabilities—

Net assets$0

3 years on record · 2020–2022

leadership · form 990 part vii · fy2022

who runs it

board members · 1

SHANNON — DIRECTOR

relationships · 2

who they work with

Harland Clarke Partner — Trusted partner for check orders
Osaic Institutions Inc. Partner — Provides investment and insurance products and services through Arizona Financial Investment Solutions