6 Rewards for Getting Cash Back

Success is best when it’s shared! And at Desert Financial, we share success by rewarding you and our members with more.

More! More of what?!

MORE benefits like Free Checking1 & Cool Cash rewards, including an annual cash bonus.2 We call this our Member Giveback Bonus,3 which is a part of our free Relationship Rewards program. It’s our way of sharing success with you — because we believe it’s simply the right thing to do! Here’s more info on the bonus, plus five ways to get MORE cash back.

Getting Paid for Being a Loyal Member

Our Member Giveback Bonus is a cashback reward for members who have grown their relationship with us the most. Earned through our three-level Relationship Rewards program, the bonus was introduced in 2018 when we embarked on our Year of Giving.

Behind the Growing Numbers:

  • $5 million: Amount members received in year one (2018)
  • $8 million: Happy 80th anniversary! We celebrated by giving away $1 million for every decade we’ve been creating exceptional experiences throughout the Valley. (2019)
  • $12 million: Amount members received in year three (2020)
  • $25 million: TOTAL amount our members have received over the last three years!

How to Get Your Cash Bonus

Members who have the strongest relationship with us get the best results! This means that the MORE you do with us, the MORE points you earn to achieve a higher rewards level:

  1. Member Benefits: 0–1 points
  2. Rewards Member: 2 points (congrats, you qualify for the bonus!)
  3. Rewards+ Member: 3 points (congrats, you quality for the bonus!)

Now, you may be asking, how much will I get back? The amount each member receives is calculated by deposit balances, loan balances and debit card transactions.

Visit DesertFinancial.com/Rewards for all the details on how to earn more points through TRANSACTING, SAVING and BORROWING.

We’re rewarding members who strengthen their relationship with Desert Financial by using our products and services the most. You don’t even have to wait for a check from us! Your bonus will be deposited into your membership savings account. We are thrilled to share our success with you, and we look forward to giving back even more in the future.
– Jeff Meshey, President and CEO

Score 5 MORE Cashback Rewards

  1. Refinance your auto loan: Whether you refinance to lower your monthly payment or find a better interest rate, you can get up to $500 cash back with an auto refi.4
  2. Buy a house: Use a Participating Real Estate Broker to receive $500 toward your closing costs.5 You may even qualify for a down payment assistance grant through the WISH program.6
  3. Refer a friend: 7 If you love banking with us, then share your exceptional experiences with your friends and family. If they make the switch, then you both receive $100 in cash. (High-fives for this win-win!)
  4. Win a sweepstakes: Members also have to chance to win up to $75,000. We give away prizes for a home makeover, auto loan payoff and investments. In 2019, we gave away $250,000!
  5. Join the #KindnessRevolution: We perform Random Acts of Kindness for our community and our members! In 2019, we’ve performed over 5,589 Random Acts of Kindness in the amount of more than $248,611 total.

Here are a few Random Acts of Kindness that we performed!

  • Stocked gyms at local schools with $5,000 worth of sports equipment
  • Gifted an iPad to a Desert Vista High School student and a computer to his teacher
  • Gave $2,000 worth of school supplies to a GCU student, including a Macbook Pro, Air Pods and more

These rewards are just one way we give back to our valued members and community! Become a member today, and then start enjoying all the Cool Cash perks and benefits. Check out DesertFinancial.com/Cash to join and start getting MORE.

The material presented here is for educational purposes only, and is not intended to be used as financial, investment, or legal advice.

1Primary account holder must be 18 years or older and meet Desert Financial’s membership eligibility and credit qualification requirements, including opening a Membership Savings account with a minimum balance of $25. Checking is free; however, fees incurred — such as a stop payment or NSF fee — will apply. For complete terms and conditions, refer to the published Statements of Terms, Conditions and Disclosures booklet.
2Must be a Rewards Member or Rewards+ Member for a minimum of six months per calendar year to be eligible for annual cash bonus (“Member Giveback Bonus”). Additional restrictions apply. See Statements of Terms, Conditions, and Disclosures for full details.
3Must be a Rewards Member or Rewards+ Member for a minimum of six months per calendar year to be eligible for cash back. Additional restrictions apply. See Statements of Terms, Conditions, and Disclosures for full details.
4The cash back is paid based on 1% of the total loan amount ($10,000 minimum), not including any additional loan dollars toward ancillary products (Guaranteed Asset Protection [GAP], Mechanical Breakdown Protection [MBP]). The cash back will be deposited into your Desert Financial savings account within one business day of the loan funding. Maximum cash back amount is $500. Cash back amounts are subject to all applicable taxes and are the responsibility of the member. Offer is available for the refinancing of non-Desert Financial auto loans only and is valid for a limited time only.
5Participation in the Real Estate Broker Program is voluntary. Desert Financial Federal Credit Union and its subsidiary Define Mortgage Solutions LLC do not receive any benefit, monetary or otherwise, from the Participating Broker under this program. Participating Brokers are non-affiliated third parties of Define Mortgage Solutions LLC and Define Mortgage Solutions LLC makes no warranties or representations about the services provided by Participating Brokers. To participate in this program, the member does not have to finance mortgage loan through Define Mortgage Solutions LLC. For full program details, see the Real Estate Broker Program Member Notice Acknowledgement.
Mortgage loans are offered by Define Mortgage Solutions, LLC, NMLS ID #1761612, a subsidiary of Desert Financial Federal Credit Union. BK#0949053
6Grant money is limited and reserved on a first-come, first-serve basis. Must have an accepted purchase contract to reserve funds. Not all members will be eligible for down payment assistance. Must be a first-time homebuyer. Restrictions apply, including — but not limited to — income and creditworthiness. Ask a representative for more details.
7Refer-A-Friend cash bonus offer valid for a limited time only. New member must present completed Referral Form at time of account opening and establish a Membership Savings and Checking account. New members cannot have any existing accounts (primary or joint owner) within the last 12 months. Member and referee cannot begin credit union membership on the same business day.
Account Opening Criteria: Primary account holder must be 18 years or older and meet Desert Financial’s membership eligibility and credit qualification requirements, including opening a Membership Savings account with a minimum balance of $25. Checking account is free; however, fees incurred — such as a stop payment or NSF fee — will apply. For complete terms and conditions, refer to the published Statements of Terms, Conditions and Disclosures booklet. Checking accounts have a minimum opening deposit of $20 and a monthly fee of $7. The Membership Checking monthly fee is waived with one of the following: Recurring direct deposit of at least $750 per statement cycle, 25 or more transactions per statement cycle, a daily minimum balance of $2,500, or Rewards Member or Rewards+ Member levels. No minimum balance required to obtain bonus outside of account opening criteria.
Cash Bonus Criteria: To receive the cash bonus, the new checking account must meet the following criteria within the first 90 days: 1. Minimum of 30 posted transactions and 2. Establish direct deposit. 3. Must be open and cannot be delinquent (more than 30 days) at time of bonus payment. Bonus will be deposited into the qualifying Checking and referring member’s account within 10 business days in the month following the end of the first 90-day period if qualifications are met. Referring member must have an open and active share account at time of bonus payment and be at least 18 years of age. Employees of Desert Financial Federal Credit Union, its subsidiaries, affiliates, or agencies and their immediate family (including spouse, parents, siblings, children, grandparents or grandchildren) are not eligible for bonus offer. Bonus amounts are subject to all applicable taxes and the responsibility of the member. Bonus cannot be combined with any other account opening offer. Referrals limited to five per member. Terms and conditions subject to change without notice.