Desert Financial Credit Union

Desert Financial Credit Union is a federal credit union based in Phoenix, Arizona. It has been opened since 1939, for 81 years.

With around $4,507,980,000 in assets, Desert Financial Credit Union is considered to be a very large credit union. It has 45 branches and 46 ATM locations.

With 332,023 members, the Desert Financial Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 99% of credit unions.

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Desert Financial Credit Union. Some credit unions tend to charge more fees, while others charge less.

Desert Financial Credit Union has 847 full-time staff members and 70 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 92% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Desert Financial Credit Union has around 376 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Desert Financial Credit Union holds a total of $2,115,170,000 in loans and leases, which is about $21,712 per member on average.

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Desert Financial Credit Union pays 0.05%.