It's called Desert Schools Savings because you choose the name . . . anything from Our Wedding Savings to My Trip to Egypt Savings or from Rainy Day Fund to Spa Experience. Personalize the name to remind you of the benefit, the end result, the way you plan to pay yourself. With no minimum balance or monthly service fee, you can relax and watch your money grow.
Members with Savings may also qualify for Direct Deposit.
In accordance with Regulation D, members are limited to six transactions per statement cycle from each savings or money market account. A fee will be assessed for each transaction beyond that limit.
1Savings is a variable rate account. Dividend Rate and Annual Percentage Yield (APY) may change after the account is opened.
For additional information regarding fees, please refer to the Fee Schedule.