Desert Valleys Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.31%	5-year CD	60 Month Jumbo Share Certificate 2.40% - Goldman Sachs Bank USA 5 Year CD
0.60%	1-year CD	12 Month Jumbo Share Certificate 1.50% - Goldman Sachs Bank USA 12 Month CD
0.05%	Savings	Regular Share Account 1.35% - CIT Bank Premier High Yield Savings

View all Desert Valleys Federal Credit Union rates »

Overview / Commentary

www.desertvalleys.org

760-446-3500

100 E Ward Ave
Ridgecrest, CA 93555-2668

Desert Valleys Federal Credit Union is headquartered in Ridgecrest and is the 222^nd largest credit union in the state of California. It is also the 2,750^th largest credit union in the nation. It was established in 1946 and as of June of 2017, it had grown to 13 employees and 4,123 members at 1 location. Desert Valleys Federal Credit Union's CD rates are 11% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to the Trona, California City, Boron, Ridgecrest, Bishop and Lake Isabella communities.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B

Data as of Q2 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Desert Valleys Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	5366
Year Chartered	1946
Employees	13
Primary Regulator

Profit Margin
Return on Assets - YTD	0.83%
Return on Equity - YTD	14.29%
Annual Interest Income	$723.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$34.5MM$30.0MM
Loans	Q2 2017vs Q2 2016	$19.6MM$17.2MM
Deposits	Q2 2017vs Q2 2016	$31.7MM$27.8MM
Equity Capital	Q2 2017vs Q2 2016	$2.0MM$1.8MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$158.00K$160.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$101.00K$60.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

Skip to rates for:

Savings
Money Market
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Desert Valleys Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Desert Valleys Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.07%	-	$1,378	52 Week Club
0.40%	-	-	Desert Kids
0.20%	$100	-	IRA Share
0.05%	-	-	Regular Share Account

Desert Valleys Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$50k^*	-	Super Saver Money Market Account
OTHER TIERS: 0.15% → $2,500 - $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k

Desert Valleys Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%	$100k	-	60 Month Jumbo Share Certificate
1.10%	$100k	-	48 Month Jumbo Share Certificate
1.00%^*	$1k^*	$10k	12 Month Share Certificate
OTHER TIERS: 0.55% → $10k - $50k \| 0.65% → $50k+
0.95%	$100k	-	36 Month Jumbo Share Certificate
0.90%^*	$50k^*	-	36 Month Share Certificate
OTHER TIERS: 0.50% → $1k - $2,500 \| 0.60% → $2,500 - $10k \| 0.70% → $10k - $50k
0.80%^*	$50k^*	-	24 Month Share Certificate
OTHER TIERS: 0.40% → $1k - $2,500 \| 0.50% → $2,500 - $10k \| 0.65% → $10k - $50k
0.80%	$100k	-	24 Month Jumbo Share Certificate
0.60%	$100k	-	12 Month Jumbo Share Certificate
0.45%^*	$50k^*	-	6 Month Share Certificate
OTHER TIERS: 0.20% → $1k - $2,500 \| 0.25% → $2,500 - $10k \| 0.35% → $10k - $50k
0.40%	$100k	-	6 Month Jumbo Share Certificate

Desert Valleys Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%	$100k	-	60 Month Jumbo IRA Share Certificate
1.10%	$100k	-	48 Month Jumbo IRA Share Certificate
1.00%^*	$1k^*	$10k	12 Month IRA Share Certificate
OTHER TIERS: 0.55% → $10k - $50k \| 0.65% → $50k+
0.95%	$100k	-	36 Month Jumbo IRA Share Certificate
0.90%^*	$50k^*	-	36 Month IRA Share Certificate
OTHER TIERS: 0.50% → $1k - $2,500 \| 0.60% → $2,500 - $10k \| 0.70% → $10k - $50k
0.80%^*	$50k^*	-	24 Month IRA Share Certificate
OTHER TIERS: 0.40% → $1k - $2,500 \| 0.50% → $2,500 - $10k \| 0.65% → $10k - $50k
0.80%	$100k	-	24 Month Jumbo IRA Share Certificate
0.60%	$100k	-	12 Month Jumbo IRA Share Certificate
0.45%^*	$50k^*	-	6 Month IRA Share Certificate
OTHER TIERS: 0.20% → $1k - $2,500 \| 0.25% → $2,500 - $10k \| 0.35% → $10k - $50k
0.40%	$100k	-	6 Month Jumbo IRA Share Certificate

Locations

Desert Valleys Federal Credit Union Locations
Branch Office	100 E Ward Ave	Ridgecrest, CA 93555-2668