According to a Credit Union National Association study, households that bank with Desert Financial save an average of $67 more per year than households that bank with the average Arizona bank. The study also shows that the more of our services a member uses, the more money they save! That’s why our Relationship Rewards program is designed to reward members who partner more with us for their financial needs.

Our members can also take advantage of some pretty amazing offers, including cash back when refinancing an auto loan, a free appraisal when getting a mortgage, and a 12-month promotional rate of 3.74% APR for the first 12 months (with rates as low as 5.875% APR APR after the first 12 months) when opening a home equity line of credit.

What makes Desert Financial different from a bank is that we’re a not-for-profit organization. This doesn’t prevent us from earning money, it just means that the purpose of a credit union is to create a win-win situation. When we’re successful, we share that success! What does Desert Financial do with the money we make?

We save it
Our savings keeps Desert Financial strong, regardless of the current state of the economy.

We give back to our members
With our Relationship Rewards program, members may receive free checking, loan rate discounts, waived fees and even cash back through the Member Giveback Bonus.

We invest in our team members
They are the heart of our credit union, delivering exceptional experiences to improve the lives of our members. That’s why we invest in the long-term success of our team members and their families.

We help our community
Thanks to the efforts of our members and team members, in 2017, Desert Financial gave back nearly $2 million to our community in time, talent and funds raised. 

Thanks to our continued financial success, we’ve been able to give millions of dollars in cash back to you, our members, including:

• $250 million in deposit dividends

• $6.5 million in auto refi cash back

In addition, we distributed $5 million through our Member Giveback Bonus program, which we introduced in 2018.

Your membership also enables us to offer excellent loan rates to help you with life’s big investments.

• Auto loan rates as low as 3.54% APR on new vehicles
• Auto refi rates as low as 3.79% APR
• Home equity line of credit at 3.74% APR for the first 12 months, rates as low as 5.875% APR after the first 12 months
• Mortgage rates as low as 4.927% APR

At Desert Financial, serving our community is one of our core values. Together, we’ve volunteered over 50,000 hours with local organizations, and we donate an average of $1.5 million annually to our community. We’ve been privileged to:

• Help 155,000 teens and adults learn about financial literacy
• Fully fund the Phoenix Children’s Hospital’s 1 Darn Cool School
• Give Arizona students $500,000 in scholarships to in-state universities

Desert Financial is 100% based in Arizona. That’s why we care so much about the community — we’re part of it!

When you need to talk to somebody at Desert Financial, you’ll talk to somebody here in Arizona and not on the other side of the world. We also service all of our own mortgages. Getting a mortgage with Desert Financial means always knowing who you’ll be making your payments to and who you can call if you have any questions or issues.

Desert Financial is owned by you, our members. That makes being there for you and helping you to achieve your financial goals our top priority.

• 100,000+ members have found home solutions through us, such as refinancing and lines of credit.
• Members have earned $6.5 million in cash back with our Auto Three-fi^TM.
• 10,000+ members have been able to buy their dream home with our help.

We make our largest annual financial investment in employee compensation and benefits. We care about our team members and their families, and we want to make sure that they have access to excellent benefits, such as:

• Health, dental and vision insurance
• Paid time off: Vacation, sick leave, holidays and floating holidays, etc.
• 401K with company match
• Discounts on loans and local entertainment