Desert Schools Federal Credit Union
Encyclopedia
Desert Schools Federal Credit Union is a federally insured & chartered, $3 billion, 356,092 member, natural person, credit union
operating from about 50 service centers in central Arizona
. Desert Schools is the largest credit union in Arizona and one of the largest in the United States.
counties can join Desert Schools Federal Credit Union:
Family members of current or eligible members are also eligible to join
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
operating from about 50 service centers in central Arizona
Arizona
Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...
. Desert Schools is the largest credit union in Arizona and one of the largest in the United States.
History
Desert Schools Federal Credit Union was originally chartered in 1939 to serve the financial needs of area teachers. The credit union charter has expanded to serve three Arizona counties and more than 350,000 members.Membership
Individuals living, working, worshiping, or attending school in the following ArizonaArizona
Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...
counties can join Desert Schools Federal Credit Union:
- Gila County, ArizonaGila County, Arizona-2010:Whereas according to the 2010 U.S. Census Bureau:*76.8% White*0.4% Black*14.8% Native American*0.5% Asian*0.1% Native Hawaiian or Pacific Islander*2.0% Two or more races*5.4% Other races*17.9% Hispanic or Latino -2000:...
- Maricopa County, ArizonaMaricopa County, Arizona-2010:Whereas according to the 2010 U.S. Census Bureau:*73.0% White*5.0% Black*2.1% Native American*3.5% Asian*0.2% Native Hawaiian or Pacific Islander*3.5% Two or more races*12.7% Other races*29.6% Hispanic or Latino -2000:...
- Pinal County, ArizonaPinal County, Arizona-2010:Whereas according to the 2010 U.S. Census Bureau:*72.4% White*4.6% Black*5.6% Native American*1.7% Asian*0.4% Native Hawaiian or Pacific Islander*3.8% Two or more races*11.5% Other races*28.5% Hispanic or Latino -2000:...
Family members of current or eligible members are also eligible to join
Services
Desert Schools Federal Credit Union offers these services:- Checking Accounts and related, including debit cardDebit cardA debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...
s - Savings AccountsSavings accountSavings accounts are accounts maintained by retail financial institutions that pay interest but cannot be used directly as money . These accounts let customers set aside a portion of their liquid assets while earning a monetary return...
- Certificates of DepositCertificate of depositA certificate of Deposit is a time deposit, a financial product commonly offered to consumers in the United States by banks, thrift institutions, and credit unions....
- IRAsIndividual Retirement AccountAn individual retirement arrangement is the blanket term for a form of retirement plan that provides tax advantages for retirement savings in the United States...
- Consumer loans of all kinds
- Lines of creditLine of creditA line of credit is any credit source extended to a government, business or individual by a bank or other financial institution. A line of credit may take several forms, such as overdraft protection, demand loan, special purpose, export packing credit, term loan, discounting, purchase of...
(LOC) - Credit cards
- Auto loans: Car loans, motorcycle loans, etc.
- Home equity loans and Home equity lines of creditHELOCA home equity line of credit is a loan in which the lender agrees to lend a maximum amount within an agreed period , where the collateral is the borrower's equity in his/her house...
- Lines of credit
- Mortgages
- Direct DepositDirect depositDirect deposit also known as Direct credit is a banking term used to refer to certain payment systems used to transfer money where a payment is initiated by the payer not the payee, namely:* In Europe, the giro system...
- Home banking
External links
- Desert Schools Credit Union — official site
- Desert Schools Federal Credit Union Statement of Financial Condition