Desert Schools Federal Credit Union

Social
  • +1

A short history of Desert Schools FCU

Since its inception in 1939 the Desert Schools Federal Credit Union has been serving its members in the Phoenix, Arizona area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Jeffrey Meshey, the Desert Schools FCU has grown its membership to over 317,969 with assets of more than $4,285,567,772. They have a main office and 45 branch offices. Please see the credit unions website or contact them by phone at (602) 433-7000 or email them at info@desertschools.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Phoenix, AZ.

General Information For Desert Schools FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 3238
Address 148 N 48th St 
City Phoenix 
State Arizona 
Zip-Code 85034
Phone Number (602) 433-7000
Fax Number () -
Email Address: info@desertschools.org
CEO/President Jeffrey Meshey
Members 317,969 
Full-Time Employees 937 
Part-Time Employees 89 
Number of Branch Offices 45 
Total Assets 4,285,567,772 
Website http://www.desertschools.org 

Compare Desert Schools Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Arizona CU Ahwatukee Branch 15625 S 48th St 85048 (602) 683-1480 No 2.00
Truwest CU 52nd St. Community 5136 E Roosevelt St 85271 (602) 629-2600 No 3.47
Altier CU Gateway 6846 E Warner Rd 85212 (480) 324-1033 No 3.50
Marisol CU Mesa 635 E Broadway Rd 85036 (602) 252-6831 No 3.71
Arizona Central CU GLENDALE #9 5552 W GLENDALE AVE 85301 (602) 264-6421 No 4.42

Desert Schools Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Desert Schools Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 3.64 3.78 4.11 2.97
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 227 178 156 23
Rank Among All Arizona Credit Unions N/A 14 10 6 2

Desert Schools Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.28 0.30 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 101 302 259
Rank Among All Arizona Credit Unions N/A 5 2 16 17
Desert Schools Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 14.16031,04222,441,167
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.64013,476283,705,764
Used Vehicle Loans 3.78029,858427,297,562
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1104,137728,875,616
Total Other Real Estate Loans/Lines of Credit 2.97011,021350,346,378
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.7201,30919,533,837
TOTAL LOANS & LEASES 90,8431,832,200,324

Desert Schools Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 2,458359,704,580910168,900,529
    b. 15 Years or less 1,064204,086,73634857,170,796
Balloon/Hybrid
    a. > 15 years 366,194,56400
    b. 15 Years or less 42378,203,005194,423,771
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 528,356,010314,425
Adjustable Rate > 1 yr 10472,330,7212318,507,360

OTHER REAL ESTATE

Closed-End Fixed Rate 2,37972,438,6311375,052,600
Closed-End Adjustable Rate 24276,40900
Open-End Adjustable Rate 8,618277,631,3383,76177,345,410
Open-End Fixed Rate 0000
TOTALS 15,1581,079,221,9945,201331,414,891

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 314,526,23221,829
Interest Only & Payment Option Other RE/LOC Loans 64542,746,4010
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Desert Schools Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes