Desert Financial Credit Union Savings Certificate Review

Desert Financial Credit Union Savings Certificate is offered by Desert Financial Credit Union, a credit union founded in 1939 and based in Phoenix, AZ. Desert Financial Credit Union Savings Certificate is available in 1 state across the USA.

Are cd accounts from Desert Financial Credit Union federally insured?

Yes, your Desert Financial Credit Union cd accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does Desert Financial Credit Union offer?

• IRA
• Jumbo
• Traditional

What APY does Desert Financial Credit Union offer on its CDs?

Desert Financial Credit Union Savings Certificate offers an APY starting at 0.7% and ranging up to 1.36% (APY stands for annual percentage yield, rates may change).

What is the minimum deposit to open a CD account with Desert Financial Credit Union?

Desert Financial Credit Union Savings Certificate requires a minimum initial deposit of $1,000 to open an account.

What types of early withdrawal penalties does Desert Financial Credit Union Savings Certificate charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Desert Financial Credit Union does not charge an early withdrawal fee.