Dedicated to Deposits: Deals, Data, and Discussion

5.60% 12-Month / 5.81% 60-Month CD at a Utah CU (Deseret First)


Deseret First Credit Union has several high yield certificates. The high rates range from 5.39% APY for a 12-month term to 5.65% APY for a 60-month term. These have a $500 minimum deposit. The Jumbo CDs with a $75K minimum have higher rates that range from 5.60% APY for a 12-month term to 5.81% APY for a 60-month term.

The field of membership includes members of the Church of Jesus Christ Latter-Day Saints and their families. You can also be eligible via select employee groups. See site for details. Branches are located in Salt Lake City and several other cities of Utah.

The credit union is federally insured by the NCUA. It has $367 million in assets and 50,571 members.

Thanks to the reader who mentioned this credit union in the finding deals post.

[Edit 1/11/07: Corrected title and home page link to Deseret First Credit Union]

Comment #1 by Anonymous posted on
Click on the second link "yield certificates" to get to Deseret First. They are getting two credit unions mixed up. Desert Schools is in Arizona and that is where the first link takes you.


Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the note of the error. I updated the post with the correction.