Savings Certificate

Curious how you can enjoy earnings on as little as $1,000?
Want the freedom to choose from a range of investment terms?
Looking to leverage your relationship with Desert Schools for a premium rate?
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SAVINGS CERTIFICATE
At a Glance

A Desert Schools Savings Certificate lets you decide how much and how long you want to invest, beginning at just $1,000 for a short six-month term. To continue building your savings, simply take no action at certificate maturity, and it will renew automatically for the same term at our current rate.

Key Features

  • No monthly or annual service fees
  • $1,000 minimum deposit
  • Competitive fixed rate* as high as 1.31% APY
  • Terms available from six months to five years
  • Free Online Banking, eStatements and Phone Banking

APY = Annual Percentage Yield
Dividends reported annually via 1099-INT. Consult your tax adviser regarding your individual tax situation.
*Dividend 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.