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Arkansas Federal Credit Union Versus Other Banks

Arkansas Federal Credit Union is All Computerized Versus Humanized Banks

By erin capps, published Nov 18, 2005
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It feels like your walking into a world run by computers when you enter the Arkansas Federal Credit Union.  The only two actual humans present there are located at the front of the building. Thier only purpose is to direct you to the correct computer screen. You then walk up to a computer screen and hit the call button. At this point a teller pops up on a tv monitor where you interact with him or her.

If you need any service that cannot be performed by a general teller such as a loan or atm card request you must use the phones in the lobby to call the telephone branch. Is this really the kind of banking experience you want? Because I don't. I am used to walking in and seeing all the tellers in person. I am also used to being able to talk to someone in person when I have want to discuss an important issue or have a problem. And the credit union is good at causing problems.

I have only had the credit union for a month and someone has already illegally accessed my account causing me fees. I was transferred three times before I finally reached member services where the issue was finally cleared up.  The credit union has also held $25 in my savings account after originally informing me that the fees would be waived. The credit union never told me that these originally waived fees would be taken out of my first paycheck.  Not to mention that every time I call in to check my balance the teller service never recognizes my member number, but when I log in online it does.  So what is the moral of this story? If you are thinking of joining the Arkansas Federal Credit Union....DON'T!

Instead consider the friendlier,human alternative of a bank.  I have had a great experience with my bank, First security of conway. The main branch is 1001 Front Street in Conway. You can contact them by calling 450-9800.  There are several other locations in Conway, AR and locations in Little rock, AR. There is also a new branch being built in Maumelle,AR.

Takeaways
  • Arkansas Federal Credit union is not personal
  • They hold 25 dollars in your savings at all times
  • US Bank charges you $7 per day for negative funds in checking.
Did You Know?
Arkansas federal credit union can issue loans, savings, checking?
Comments
Comments 1 - 3 of 3
 
 
Just thought I would update everyone...the 'computer' feeling you get at AFCU is not there anymore. They have listened to member complaints and have taken care of the issue. Credit Unions are really the best way to take care of your money, get loans, etc. They are owned by the members, not stockholders. Additionally, they are not-for-profit, meaning all excess income goes back into YOUR credit union to give you higher savings rates, and lower loan rates. I recommend looking into Arkansas Federal Credit Union again, if you originally followed the advice of Erin Capps.

Posted on 08/14/2008 at 11:08:16 AM

 
First Security is much much worse. They charge you for overdraft "protection" fees even if you tell them you don't want overdraft "protection".

Posted on 08/27/2007 at 4:08:00 PM

 
your page is to complicated i just wanted check my accunt nothing else

Posted on 09/07/2006 at 5:09:00 PM

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