Desert Financial Credit Union Announced $16M in Member Bonuses

Desert Financial Credit Union is set to distribute $16 million in Member Giveback Bonuses later this month, bringing its total cashback rewards to an impressive $106 million over the past eight years.

“The giveback bonus is just one of many perks for Arizonans who bank with Desert Financial,” said Jeff Meshey, President and CEO of Desert Financial. “We are committed to giving back to our members in ways that will make a difference in their daily lives, and we feel that cash back in their pockets is one of the best ways to do that.”

The annual cashback reward program is part of the Relationship Rewards Program, through which members earn points for participating in various banking activities, such as:

• Direct deposits exceeding $500 per month.
• Acquiring loans and other banking services.

The more points members earn, the larger their annual bonus. This year, qualifying members will receive an average cashback bonus of $93.

Commitment to Community

In addition to rewarding its members, Desert Financial remains deeply committed to giving back to the Arizona community. Highlights from 2024 include:

• Over $5.2 million contributed to the community through corporate, foundation, and employee giving.
• $377,500 in scholarships awarded to 644 students through the Desert Financial Foundation.
• 16,277 volunteer hours completed by team members, valued at $522,003 for local nonprofits.
• 11,982 Random Acts of Kindness performed by employees across the state.

About Desert Financial Credit Union

Desert Financial, Arizona’s largest local credit union, has been serving the community for over 85 years. With assets exceeding $9 billion, more than 450,000 members, and nearly 50 branches statewide, the credit union offers accessible banking solutions.

Desert Financial is also the official retail banking partner of Arizona State University®, the Arizona Cardinals, NAU Athletics, and the NAU Alumni Association.

For more information about the Member Giveback Bonus and Desert Financial’s community initiatives, visit desertfinancial.com/bonus.