Deseret First Federal Credit Union


3999 W Parkway Blvd
West Valley Cit, UT 84120
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.55% 0.75% →
2-Year CD 0.85% 0.80% →
5-Year CD 1.25% 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Deseret First is an NCUA insured institution located in West Valley Cit, UT. It was founded in 1955 and has approximately $891.03 millions in assets.

Who can join?

Deseret First serves members of The Church of Jesus Christ of Latter-day Saints and employees of the following organizations, along with their families:
• Corporation of the President of The Church of Jesus Christ of Latter-day Saints (including Church Education System)
• Corporation of the Presiding Bishop of The Church of Jesus Christ of Latter-day Saints
• Beneficial Life Insurance Company
• Bonneville International Corporation (including Bonneville Communications and KSL)
• Brigham Young University
• Deseret Book Company
• Deseret Management Corporation (including DMBA)
• Deseret News Publishing Company
• Intermountain Health Care
• Kirton & McConkie, PC
• Lakeview Hospital
• LDS Business College
• South Davis Community Hospital
• Temple Square Hospitality Corporation
• Zions Securities Corporation

NCUA Insured Yes / Federally Chartered
Charter Number # # 24708
Date Established 1955
Assets $891.03 million
Loans $702.05 million
Deposits $815.13 million
Capital $61.92 million

Field of Membership Restrictions

Membership is open to those who are members of the Church of Jesus Christ of Latter-Day Saints and their families as well as employees of the Church. Membership is also open to select companies and organizations.

Deposit Rates - October 25, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $30 - Learn More
Money Market
0.10% $1 $99,999 Learn More
Premium Money Market Account
0.20% $2,500 $19,999 Learn More
Premium Money Market Account
0.30% $20,000 $99,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.45% $500 $74,999 Learn More
6 Mo CD
0.45% $75,000 - Learn More
12 Mo CD
0.55% $500 $74,999 Learn More
12 Mo CD
0.55% $75,000 - Learn More
18 Mo CD
0.55% $500 $74,999 Learn More
18 Mo CD
0.55% $75,000 - Learn More
24 Mo CD
0.85% $500 $74,999 Learn More
24 Mo CD
0.85% $75,000 - Learn More
30 Mo CD
0.85% $500 $74,999 Learn More
30 Mo CD
0.85% $75,000 - Learn More
36 Mo CD
1.00% $500 $74,999 Learn More
36 Mo CD
1.00% $75,000 - Learn More
48 Mo CD
1.15% $500 $74,999 Learn More
48 Mo CD
1.15% $75,000 - Learn More
60 Mo CD
1.25% $500 $74,999 Learn More
60 Mo CD
1.25% $75,000 - Learn More
Variable IRA Rates APY MIN MAX
0.20% $1 - Learn MoreShow Less
Checking Rates APY MIN FEE
First Choice Platinum 1.00% $0 $0.00 Learn MoreShow Less

Loan Rates - October 25, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for DESERET FIRST

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 1907
3.068% 2.990% 0.00 $2,500 $1,053 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.



Below are Deseret First branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Deseret First Locations

Climate Initiatives

DESERET FIRST is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Deseret First Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Deseret First. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Deseret First U.S. Average
3.37% 3.79

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2021, Deseret First had $1,499,202 in non-current loans and $706,623 in owned assets. To cover these potential losses it had $61,919,259 in net worth and $3,488,387 in loans loss reserves. That gives it a Texas Ratio of 3.37%.

Net Worth
Deseret First U.S. Average
7.14% 12.22%

Deseret First FCU has a net worth of 7.14% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Deseret First

Branches and Savings

What is Deseret First?

A federal credit union, registered with the NCUA under certificate #24708.
Learn more about credit unions here.

Is Deseret First FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Deseret First is insured by the NCUA.

Who can join Deseret First?

Please see Field of Membership information above for information on who is eligible to join.

What are Deseret First's share account and share certificate rates?

Deseret First's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Deseret First?

Deseret First has total capital of $61.92 million. Full information on Deseret First's financial position is located above.

Who owns Deseret First?

Credit Unions are owned by their members.

Where are Deseret First branches located?

See branch locations nearby.

Are Deseret First ATMs Open 24/7?

Do Deseret First ATMs accept cash deposits?

Can Deseret First customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Deseret First have a mobile app?

Does Deseret First have mobile deposit?

Does Deseret First have quick pay?

How can Deseret First transfer money to other banks or credit unions?

Does Deseret First report to credit bureaus?

Does Deseret First use Chexsystems?

Does Deseret First use Equifax?

What is Deseret First's toll free phone number?

What is Deseret First's ACH Routing Number?

What is Deseret First's SWIFT code?

Where can I find Deseret First's wire transfer form?

What is the Deseret First address for deposits?

What Products Does Deseret First Offer

Does Deseret First offer mortgages?

Compare mortgage rates here.

Does Deseret First offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Deseret First offer auto and RV loans?

Compare auto loan rates here.

Does Deseret First offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Deseret First

There are currently no comments for Deseret First. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →