Jumbo Certificate

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Do you have a substantial amount you want to invest securely?
Are you seeking the freedom to transfer monthly earnings?
Would you like to earn the most competitive rate available? 

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


Jumbo Certificate
  • No monthly or annual service fees
  • $100,000 minimum balance
  • Competitive fixed rate2
  • Terms available from six months to five years
  • Free Online Banking, eStatements and PAL

Members with a Jumbo Savings Certificate may request additional deposit insurance. These certificates are eligible as collateral for a personal Desert Schools loan.


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.

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