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1. Card Comparison - Desert Financial

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2. Desert Financial: Arizona's Best Local Credit Union

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  • Desert Financial provides exceptional member and community service and a full range of financial solutions, with top-rated mobile and online banking.

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FAQs

How much can you withdraw from Desert Financial? ›

How much cash can I withdraw at an ATM? You can withdraw up to $500 per day, provided the funds are available in your account.

What did Desert Financial used to be called? ›

History. Desert Financial was originally named Arizona Educational Association (A.E.A.) #1 Federal Credit Union and was chartered in 1939 to serve the financial needs of area teachers.

What happened to Desert School credit union? ›

Desert Schools Federal Credit Union will become Desert Financial Credit Union, reflecting the company's role in providing various services including deposit accounts, mortgages, investments and business banking.

How to activate a Desert Financial card? ›

Get your card in the mail in 7-10 business days. Activate it by calling (877) 635-9624.

How much money can I withdraw without being flagged? ›

The Limit You Need To Worry About Is $10,000

“$5,000 is okay, but if you withdraw more than $10,000, the transaction will be reported to the IRS and at least one other government agency,” Bakke said. “You will also normally be required to fill out Form 8300.

What's the most money you can withdraw at once? ›

How ATM withdrawal limits vary. Most banks and credit unions will let you take out between $300 to $3,000 daily at ATMs, but your limit ultimately depends on your account type and your relationship with the financial institution.

Is Desert Financial free? ›

Checking is free; however, fees for overdraft or additional services may apply. See Fee Schedule. Membership eligibility required. For complete account terms and conditions, refer to the published Statements of Terms, Conditions and Disclosures.

Is Desert Financial Credit Union a good bank? ›

It is also the 35th largest credit union in the nation. It was established in 1939 and as of March of 2024, it had grown to 1,210 employees and 459,909 members at 49 locations. Desert Financial Credit Union's money market rates are 10X the national average, and it has a B+ health rating.

How many people use Desert Financial? ›

Making a difference with a different way to bank

We're proud to have more than 400,000 members and over $8.2 billion in assets.

Can anyone join Desert Financial Credit Union? ›

Anyone can be a member of Desert Financial. You just have to meet one of these three requirements: Live, work, attend school, volunteer or worship in our membership coverage area, which includes all of Arizona (with the exception of Apache, Graham, Greenlee and Santa Cruz counties) OR.

Can I close my Desert Financial account? ›

Desert Financial membership lasts as long as you keep a minimum of $25 in your membership savings account. If you close your account, you may join again if you meet the current eligibility requirements.

What is the new name for Desert Schools credit union? ›

Arizona's Best Local Credit Union. Desert Financial.

How much can I withdraw from Desert Financial? ›

For Free Checking accounts, the daiy ATM withdrawal limit is $500. For Money Market, Business Checking and Business Checking Plus accounts, the daily ATM withdrawal limit is $1,500.

Can I use my Desert Financial card at any ATM? ›

Desert Financial belongs to the CO-OP network, which allows our members and customers of other select financial institutions to use any ATM displaying the CO-OP logo without a surcharge.

Will Desert Financial text you? ›

Desert Financial will never send unsolicited emails or make unsolicited phone calls or texts asking you to give or verify personal information online, including your username, password or PIN.

Is there a limit to how much I can withdraw from my account? ›

Banks might keep a cap on the total amount per day, limit withdrawal amounts per transaction, or both. Additionally, some savings accounts may come with monthly withdrawal limits of their own, to which ATM withdrawals may contribute. Be sure to speak with your bank regarding their savings account withdrawal policy.

What is the maximum cash withdrawal limit? ›

The majority of the Indian banks' withdrawal limit per day ranges between Rs. 20,000 to Rs. 50,000 from an ATM. In addition, the maximum ATM withdrawal limit per day depends on your account type and banking specifics.

How much of your investment can you withdraw? ›

The 4% rule is intended to make your retirement savings last for 33 years, and potentially more. This rate of withdrawals means that most of the money used will be the interest and gains on investments, not principal, assuming a reasonably healthy market return.

How much money can I withdraw from my retirement account? ›

The sustainable withdrawal rate is the estimated percentage of savings you're able to withdraw each year throughout retirement without running out of money. As an estimate, aim to withdraw no more than 4% to 5% of your savings in the first year of retirement, then adjust that amount every year for inflation.

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