Membership Savings

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Did you know you can start saving with just $25?
Would you like to earn monthly dividends?
Interested in becoming a personal or business member?

As your first account with Desert Schools, Membership Savings represents your ownership in the Credit Union. It is one of the valuable benefits you receive for becoming a personal or business member. In addition, you earn dividends on the money you save, above the minimum deposit of $25.

Membership Savings
  • No monthly service fee
  • $25 minimum deposit
  • Lifetime membership1
  • Free ATM card
  • Dividends paid monthly
  • Free deposited items2
  • Free Online Banking and PAL
  • Free eStatements and Alerts
  • Two free ATM withdrawals per month at PLUS®, CO-OP Network® and Visa® ATMs3; unlimited usage at Desert Schools ATMs
  • Convenient business coin and currency services4

Members with Membership Savings may also qualify for Direct Deposit.


Businesses must provide proof of business name and tax ID verification. Please complete a brief Become a Business Partner form, and a Business Services representative will personally follow up with you. Or, call (602) 335-BIZ1 for details on required entity documentation.

Membership eligibility is required.
Acceptable forms of identification include: current United States driver's license; current state-issued identification card; current United States passport; unexpired government employee or military photo ID, with signature and physical description; current Matricula Consular ID card, issued after 2002. To open a joint account, both parties must be present with appropriate ID. If under 16, an original Social Security card, and a certified copy of a state-issued birth certificate or ID card is required.
1Lifetime membership as long as this account remains open.
2Business accounts are limited to 10 free deposited items per month. $0.20 for each additional deposited item.
3$2 for each additional withdrawal.
4Not applicable to personal accounts. $0.20 for each $100 deposited or purchased per month.

Equal Housing Lender Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S.Government Agency. ©2014 Desert Schools Federal Credit Union