What are the current interest rates at Desert Financial Credit Union?

Current rates for Desert Financial Credit Union include: 12-Month CD: 3.70%, 18-Month CD: 3.80%

☰

Survey Results We asked readers after the Fed’s Sept. 16 hike: 50% of savers say their bank still has not raised their rate since the Fed funds rate increase. See the full results

Home›
Credit Unions›
Desert Financial Credit Union

iAdvertiser Disclosure

Desert Financial Credit Union Rates & Review October 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Desert Financial Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 10, 2026

Desert Financial Credit Union's top rates as of October 10, 2026 are 4.05% APY on its 6 Month Jumbo CD, 6.88% on its 5/6 ARM mortgage, and auto loans from 5.84% APR, according to rates verified by MonitorBankRates. Other Desert Financial Credit Union CD rates include 12-Month Savings CD at 4.05%, 6 Month Savings CD at 4.00%, and 6-Month Savings CD at 4.00%. Other Desert Financial Credit Union mortgage rates include 15-year fixed at 6.97%, Jumbo 30-year fixed at 7.42%, and 30-year fixed at 7.46%. MonitorBankRates evaluates the financial stability of Desert Financial Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.04%. Rates last updated and verified on 10/10/2026.

Desert Financial Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Desert Financial Credit Union? Share your experience about Desert Financial Credit Union by leaving a review below, or read customer reviews before you decide to use Desert Financial Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

2.04%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Desert Financial Credit Union
Papago

148 N 48th St
Phoenix, AZ 85034

https://www.desertfinancial.com

Customer Reviews

Be the first to review

Write a Review

Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Desert Financial Credit Union CD Rates

Product	Rate	APY	Term
6 Month Jumbo Certificate	-	4.05%	6 months-5 years
Min Deposit $100,000 Last Updated 10/10/2026 Rate History 1 change since Sep 18, 2026 · 3.55% → 4.05% ▲ 0.50 pts · high 4.05% / low 3.55% Oct 10, 20264.05%▲ from 3.55% Sep 18, 20263.55%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
12-Month Savings Certificate	4.05%	4.05%	12-Month
Min Deposit $1,000 Last Updated 10/10/2026 Rate History No change since Oct 10, 2026 · 4.05% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
6 Month Savings Certificate	-	4.00%	6 months-5 years
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.50% → 4.00% ▲ 0.50 pts · high 4.00% / low 3.50% Oct 10, 20264.00%▲ from 3.50% Sep 14, 20263.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
6-Month Savings Certificate	4.00%	4.00%	6-Month
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.50% → 4.00% ▲ 0.50 pts · high 4.00% / low 3.50% Oct 10, 20264.00%▲ from 3.50% Sep 14, 20263.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
1 Year College Savings Certificate	-	3.80%	1 year
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 18, 2026 · 3.55% → 3.80% ▲ 0.25 pts · high 3.80% / low 3.55% Oct 10, 20263.80%▲ from 3.55% Sep 18, 20263.55%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
12-Month College Savings Certificate	-	3.80%	12-Month
Min Deposit $1,000 Min Balance $1,000 Details Minimum $25 monthly transfer deposit required; After the minor turns 18 or earns a high school diploma, funds can be withdrawn penalty-free. Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.55% → 3.80% ▲ 0.25 pts · high 3.80% / low 3.55% Oct 10, 20263.80%▲ from 3.55% Sep 14, 20263.55%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
18-Month Jumbo Savings Certificate	3.80%	3.80%	18-Month
Min Balance $100,000 Last Updated 10/10/2026 Rate History No change since Oct 10, 2026 · 3.80% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
18-Month Savings Certificate	3.80%	3.80%	18-Month
Min Deposit $1,000 Last Updated 10/10/2026 Rate History No change since Oct 10, 2026 · 3.80% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
6-Month Jumbo Certificate	-	3.70%	6-Month
Min Balance $100,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.55% → 3.70% ▲ 0.15 pts · high 3.70% / low 3.55% Oct 10, 20263.70%▲ from 3.55% Sep 14, 20263.55%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
12-Month Jumbo Savings Certificate	3.70%	3.70%	12-Month
Min Balance $100,000 Last Updated 10/10/2026 Rate History No change since Oct 10, 2026 · 3.70% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
6-Month Savings Certificate	-	3.65%	6-Month
Min Deposit $1,000 Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 3.50% → 3.65% ▲ 0.15 pts · high 3.65% / low 3.50% Oct 10, 20263.65%▲ from 3.50% Sep 14, 20263.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
6-Month Jumbo Savings Certificate	3.65%	3.65%	6-Month
Min Balance $100,000 Last Updated 10/10/2026 Rate History No change since Oct 10, 2026 · 3.65% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%

Desert Financial Credit Union Mortgage Rates

Product	Rate	Points	APR	Term
5/6 ARM	-	-	6.882%	5/6 ARM
Details As low as Last Updated 10/10/2026 Rate History 5 changes since Sep 14, 2026 · 6.57% → 6.88% ▲ 0.31 pts · high 6.88% / low 6.57% Oct 10, 20266.88%▲ from 6.75% Oct 2, 20266.75%▼ from 6.76% Sep 27, 20266.76%▲ from 6.62% Sep 22, 20266.62%▼ from 6.66% Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
15-year fixed	-	-	6.973%	15-year
Details As low as Last Updated 10/10/2026 Rate History 5 changes since Sep 14, 2026 · 6.31% → 6.97% ▲ 0.66 pts · high 6.97% / low 6.31% Oct 10, 20266.97%▲ from 6.90% Oct 2, 20266.90%▲ from 6.76% Sep 27, 20266.76%▲ from 6.64% Sep 22, 20266.64%▲ from 6.64% Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
Jumbo 30-year fixed	-	-	7.42%	Jumbo 30-year fixed
Details As low as Last Updated 10/10/2026 Rate History 4 changes since Sep 18, 2026 · 7.05% → 7.42% ▲ 0.38 pts · high 7.42% / low 7.03% Oct 10, 20267.42%▲ from 7.37% Oct 2, 20267.37%▲ from 7.25% Sep 27, 20267.25%▲ from 7.03% Sep 22, 20267.03%▼ from 7.05% Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
30-year fixed	-	-	7.461%	30-year
Details As low as Last Updated 10/10/2026 Rate History 5 changes since Sep 14, 2026 · 6.82% → 7.46% ▲ 0.64 pts · high 7.46% / low 6.82% Oct 10, 20267.46%▲ from 7.41% Oct 2, 20267.41%▲ from 7.29% Sep 27, 20267.29%▲ from 7.07% Sep 22, 20267.07%▼ from 7.08% Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%

Desert Financial Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term	View More
Home Equity HELOCs	-	-	7.50%
Details after the first 12 months. Promotional APR applies only to new Home Equity Lines of Credit (HELOC) with a minimum loan amount of $10,000, and a maximum loan-to-value (LTV) of 80%. Members who have closed an existing Desert Financial HELOC in the last 12 months are not eligible to receive the promotional APR on a new HELOC on that same property. $50 annual fee applies; waived for Rewards+ members. Promotional APR is fixed for initial 12 months of the term. On the first calendar day of the 13 th month following loan closing date, APR will convert to the variable rate plan as described in the applicable loan documents. Subsequent APR may vary based on the index rate, plus a margin. Index rate is based on the Prime Rate as published in the Wall Street Journal. On October 1 st , 2026, that index was 7.00 %; resulting APR with a 0.50% margin is 7.50 %. APR will never exceed 24.00%. "As low as" rate assumes excellent borrower credit history and a loan amount of $75,000 or more. Alternative rates and terms are available. Actual rates and APRs dependent on credit history, type of product, loan term and loan-to-value (LTV), occupancy and type of collateral. This line has a 10-year draw period. Minimum monthly payment will be principal and interest amortized over a 30-year repayment term. NMLS ID#509455. For current rates visit DesertFinancial.com/Rates . Last Updated 10/10/2026 Rate History 1 change since Sep 14, 2026 · 7.25% → 7.50% ▲ 0.25 pts · high 7.50% / low 7.25% Oct 2, 20267.50%▲ from 7.25% Sep 14, 20267.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%

Desert Financial Credit Union Auto Loan Rates

Product	Rate	Points	APR
New auto loans	-	-	5.84%
Details Annual Percentage Rate (APR) shown effective October 9, 2026 , and is subject to change without notice. "As low as" rate assumes excellent borrower credit history. Actual rates and APRs dependent upon borrower(s) credit qualifications. Additional rate discounts may apply. Visit our rates page for additional information and details. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 5.84% APR · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%
Used auto loans	-	-	5.84%
Details Annual Percentage Rate (APR) shown effective October 9, 2026 , and is subject to change without notice. "As low as" rate assumes excellent borrower credit history. Actual rates and APRs dependent upon borrower(s) credit qualifications. Additional rate discounts may apply. Visit our rates page for additional information and details. Last Updated 10/10/2026 Rate History No change since Sep 14, 2026 · 5.84% APR · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.04%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Desert Financial Credit Union’s Texas Ratio rose from 0.60% in Q3 2023 to 2.04% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$9.9B	2.04%	5.0	A+
March 31, 2026	$9.8B	1.66%	5.0	A+
December 31, 2025	$9.5B	1.92%	5.0	A+
September 30, 2025	$9.2B	1.53%	5.0	A+
June 30, 2025	$9.1B	1.29%	5.0	A+
March 31, 2025	$9.1B	1.02%	5.0	A+
December 31, 2024	$8.8B	1.15%	5.0	A+
September 30, 2024	$8.9B	0.86%	5.0	A+
June 30, 2024	$8.8B	0.89%	5.0	A+
March 31, 2024	$8.9B	0.78%	5.0	A+
December 31, 2023	$8.7B	1.00%	5.0	A+
September 30, 2023	$8.4B	0.60%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Desert Financial Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Desert Financial Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Desert Financial Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Desert Financial Credit Union

Website https://www.desertfinancial.com

Address 148 N 48th St, Phoenix, AZ 85034

Phone 602-433-7000

Fax

President Kevin Haskew

CEO Jeffrey Meshey

Full-Time Employees 1,337

Part-Time Employees 27

Branch Locations 50

ATM Locations 51

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

2.04%

Return on Assets (ROA)

0.5539%

Return on Equity (ROE)

4.7149%

Non-Performing Loans Ratio (NPL)

0.47%

Total Assets

9,887,845,027

Total Amount of Shares and Deposits

8,855,600,325

Total Shares and Deposits < 1 Year

8,671,711,522

Total Shares and Deposits 1 3 Years

141,322,471

Total Shares and Deposits > 3 Years

42,566,332

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

1,039,860,346

Total Uninsured Shares and Deposits > $250K (F+J)

1,039,860,346

Total Insured Shares and Deposits > $250K (item 17 less item K)

7,815,739,979

Total Interest Expense (Sum of items 6 8)

81,930,219

Share Certificates

42,606

Number of Accounts for Share Drafts

455,098

IRA KEOGH Accounts

9,165

Number of Accounts for Regular Shares

569,675

All other shares

3,394

Money Market Shares

61,123

Net Income (unless the amount is already included in Undivided Earnings)

54,770,059

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

654,788,137

Total Liabilities

8,980,018,521

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Desert Financial Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

<a href="https://monitorbankrates.com/credit-unions/desert-financial-credit-union-rates-review-68713">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

There are no reviews for Desert Financial Credit Union yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Desert Financial Credit Union

Frequently Asked Questions About Desert Financial Credit Union

How many branches does Desert Financial Credit Union operate?

Desert Financial Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Desert Financial Credit Union?

Yes, to access services at Desert Financial Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Desert Financial Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Desert Financial Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Desert Financial Credit Union offer online and mobile banking?

Most modern institutions like Desert Financial Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.desertfinancial.com.