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Facts and Figures

About us

Desert Financial was founded in 1939 by 15 Valley educators who wanted to serve their community. With just $78.75 between them, they pooled their money together to start a financial institution that would later become Arizona’s largest and most trusted credit union.

At Desert Financial, we have a passion for creating exceptional experiences for our members, and for giving back to our local community!

Our membership

500K+ members across Arizona

Our locations

Over 50 local branches and ATMs across the state of Arizona
Access to nearly 30,000 ATMs worldwide through the CO-OP Network

Business metrics for 2025

$9.9 billion in assets
$5.3 billion in loans

Our subsidiaries

Switchthink logo

SwitchThink Solutions is an information technology CUSO formed in partnership with Corelation. SwitchThink Solutions expanded its client base to 175 credit unions nationwide.

What is sharing success?

Sharing success means giving back to others when you are doing well. The more successful we are, the more we can share success by giving back to our members, community and team!

Members

Members received $122 million in annual cash bonuses over the past nine years.
Eligible members received their part of the $16 million Member Giveback Bonus we offered in 2025.
New Flex Funds offering which provides eligible members with fast access to a short-term loan of up to $2,000 with a competitive interest rate and no credit report required.

Community

We gave back $4.7 million in 2025. Through our acts, we:
Raised $1.425 million for the 1 Darn Cool School at Phoenix Children’s
Raised $656,875 for local nonprofits through our workplace giving campaign

Performed 10,400 Random Acts of Kindness by team members

Awarded $371,000 in college scholarships impacting 1,017 students
Awarded $292,500 in community grants
Collected over 12,000 backpacks and school supplies to provide to students, impacting over 1,400 teachers

Team

Did you know? Our team volunteered over 17,600 hours in the community during 2025.
The InvestED program, in partnership with ASU®, offers full tuition coverage for undergrad degrees and certificate programs and up to $10,500 per year towards graduate degrees. Twenty-eight of our team members graduated through InvestED during 2025.
95% employee engagement rate from organizational surveys
Taking Care of Our Own Fund is a program funded primarily by team members for team members, provides assistance to employees suddenly experiencing financial hardship.
More than 70 work perks

Technology and security highlights

Secure online banking and top-rated mobile banking app
Easy online account opening and loan applications
Multi-factor Authentication and Verisign Extended Validation SSL
Contactless Visa® debit cards
Zelle® now available in our mobile app with more than 92,000 of our members already actively using it

Awards and recognition

#1 Credit Union – Ranking Arizona
Best Places to Work – Phoenix Business Journal
Best Credit Union – AZ Big Media
Honoree, Arizona’s Most Admired Companies – AZ Business Magazine
Best of Yavapai – Prescott Living
Best of the Valley – PHOENIX magazine
Best of the Valley – PHOENIX magazine
Business Angel of the Year – AZ Business Angels
Forbes Best-in-State Credit Union

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