A Desert Schools Jumbo Savings Certificate will work to deliver results aligned with your savings strategy. If you wish to continue earning after the certificate reaches maturity, simply take no action and it will renew automatically for the same term at our current rate. Your dividends may be reinvested in your certificate or transferred to a designated Desert Schools account.1
APY = Annual Percentage Yield
Dividends reported annually via 1099-INT. Consult your tax adviser regarding your individual tax situation.
1Dividends are credited and compounded monthly.
2Dividend penalties apply for early withdrawal. Rates are based on the date/time that funds are received and processed.
For additional information regarding fees, please refer to the Fee Schedule.