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 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:
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.
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:
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.Finally, since all of our team members live here in the state of Arizona, more money goes back into the local economy when you choose to do your banking with Desert Financial.
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.
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: