Desert Financial Credit Union

Desert Financial Credit Union is a state-chartered credit union headquartered in Phoenix, Arizona. It is the largest credit union in Arizona by assets and one of the larger credit unions in the Southwest. The credit union was founded in 1939 to serve employees of the Phoenix Union High School System and has since broadened its membership significantly.

Desert Financial is a member-owned, not-for-profit financial cooperative insured by the National Credit Union Administration up to $250,000 per depositor. It does not distribute profits to outside shareholders, and any surplus is used to provide competitive rates and better services for members.

Membership is open to individuals who live or work in Arizona. This broad eligibility means most Arizona residents and workers can join. Family members of existing members are also eligible. Prospective members should verify current eligibility on the Desert Financial website.

Desert Financial commonly offers checking and savings accounts, auto loans, mortgages, home equity products, personal loans, and credit cards. Its auto loan rates are frequently cited as competitive in Arizona, and it provides financing for both new and used vehicles. Mortgage products cover purchase and refinance, and the credit union offers a range of savings accounts and certificates of deposit.

Desert Financial operates a large network of branches across Arizona, with significant presence in the greater Phoenix area, including Scottsdale, Mesa, Chandler, Gilbert, Tempe, and Glendale. It also operates in Tucson and other Arizona communities. Full online and mobile banking services are available.

Arizona residents looking for a credit union alternative to traditional banks will find Desert Financial worth comparing, given its broad eligibility, large branch network, and competitive product range.