DESERT FINANCIAL

148 N 48th St
Phoenix, AZ 85034

Phone: 1-602-433-7000

Notable Rates APY Vs.Others
Savings 0.10% 2.60% →
1-Year CD 1.06% 2.30% →
2-Year CD 1.66% 2.50% →
5-Year CD 2.58% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Desert Financial is an NCUA insured institution located in Phoenix, AZ. It was founded in 1939 and has approximately $4822.1 millions in assets.

Who can join?

Desert Schools operates within a community charter, meaning that membership is open to a variety of people living in certain segments of Arizona. If any of the statements below apply to you, you are eligible to become a valued member of our credit union

Persons who live, work, worship or attend school, including businesses and other legal entities, in Gila, Maricopa and Pinal Counties

Immediate family of the above groups, of a member or an eligible member who has not joined Desert Schools (e.g., spouse, children, adoptive children, parents, siblings, grandchildren, grandparents; does not include in-laws)

NCUA Insured Yes
Charter Number # # 3238
Date Established 1939
Assets $4,822.10 million
Loans $2,222.03 million
Deposits $4,088.70 million
Capital $655.21 million
 

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Gila, Maricopa or Pinal Counties or immediate family of those eligible.

Deposit Rates - November 14, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $2,000 $9,999 Learn MoreShow Less
Money Market
0.50% $10,000 $24,999 Learn MoreShow Less
Money Market
0.70% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.00% $1,000 $99,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
0.80% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
0.85% $100,000 - Learn MoreShow Less
1.00% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
1.06% $100,000 - Learn MoreShow Less
1.11% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
1.16% $100,000 - Learn MoreShow Less
1.61% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
1.66% $100,000 - Learn MoreShow Less
2.12% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.17% $100,000 - Learn MoreShow Less
2.22% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.27% $100,000 - Learn MoreShow Less
2.53% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.58% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.35% $1 - Learn MoreShow Less

Loan Rates - November 14, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for DESERT FINANCIAL

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.536% 3.500% 0.50 $1,128 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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



Branches

Below are Desert Financial 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:
Fairfield,Connecticut


Desert Financial Locations


Financial Details

Desert Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Desert Financial. 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
Desert Financial U.S. Average
1.23% 5.86

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, 2019, Desert Financial had $5,104,771 in non-current loans and $3,154,112 in owned assets. To cover these potential losses it had $655,211,754 in net worth and $15,208,117 in loans loss reserves. That gives it a Texas Ratio of 1.23%.

Net Worth
Desert Financial U.S. Average
14.09% 13.65%

Desert Financial FCU has a net worth of 14.09% versus the BestCashCow average of 13.65. 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 Desert Financial

Branches and Savings

What is Desert Financial?

A federal credit union, registered with the NCUA under certificate #3238.
Learn more about credit unions here.

Is Desert Financial FDIC insured?

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

Who can join Desert Financial?

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

What are Desert Financial's share account and share certificate rates?

Desert Financial'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 Desert Financial?

Desert Financial has total capital of $655.21 million. Full information on Desert Financial's financial position is located above.

Who owns Desert Financial?

Credit Unions are owned by their members.

Where are Desert Financial branches located?

See branch locations nearby.

Are Desert Financial ATMs Open 24/7?

Do Desert Financial ATMs accept cash deposits?

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

Does Desert Financial have a mobile app?

Does Desert Financial have mobile deposit?

Does Desert Financial have quick pay?

How can Desert Financial transfer money to other banks or credit unions?

Does Desert Financial report to credit bureaus?

Does Desert Financial use Chexsystems?

Does Desert Financial use Equifax?

What is Desert Financial's toll free phone number?

What is Desert Financial's ACH Routing Number?

What is Desert Financial's SWIFT code?

Where can I find Desert Financial's wire transfer form?

What is the Desert Financial address for deposits?

What Products Does Desert Financial Offer

Does Desert Financial offer mortgages?

Compare mortgage rates here.

Does Desert Financial offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Desert Financial offer auto and RV loans?

Compare auto loan rates here.

Does Desert Financial offer student loans or personal loans?

Compare personal loan rates here.

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