Credit union · NCUA insured
Deseret First Credit Union Savings Rates
Top CarrotDeseret First Credit Union’s best savings rate is 2.00% APY on $10,000, with its Platinum Savings. Rates checked October 22, 2026.
How Deseret First Credit Union’s savings rates compare
Compared with banks and credit unions near Salt Lake City, UT, where Deseret First Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Deseret First Credit Union
4.10%APY
- Requires
- None
- Minimum
- $5
- Earns on $10,000 a year
- $410
Mission Savings
Top rate
Axos Bank
5.00%APY
- Requires
- Another account
- Minimum
- $0
- Earns on $10,000 a year
- $500
2nd-highest rate
SoFi Bank, National Association
4.40%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $440
Deseret First Credit Union savings score
98
Savings score
Higher than 99% of U.S. banks and credit unions
- $1,000 balance$1,0004.10%
- $10,000 balance$10,0004.10%
- $100,000 balance$100,0002.85%
- QualifiedQualified4.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Deseret First Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Accounts
1.10%APY
Church members and immediate family members can join the credit union. Initial deposit of $2,500 required; no minimum balance after opening. Loyalty rates/bonuses available for qualifying members.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $2,499 | 0.25% | — |
| $2,500 – $19,999 | 1.10% | $110 |
| $20,000 – $99,999 | 2.00% | — |
| $100,000 – $249,999 | 2.60% | — |
| $250,000 – $499,999 | 3.35% | — |
| $500,000 – $999,999 | 3.45% | — |
| $1,000,000 and up | 3.85% | — |
Platinum Savings
2.00%APY
Requires at least one year of DFCU membership, a $10,000 average balance maintained over the past 12 months, and a $10,000 minimum opening deposit. Funds placed with FDIC-insured banks and NCUA-insured credit unions. No withdrawal restrictions.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $9,999Requires 1-year DFCU membership and $10,000 average balance maintained over past 12 months. $10,000 opening deposit required. | 0.05% | — | Requires 1-year DFCU membership and $10,000 average balance maintained over past 12 months. $10,000 opening deposit required. |
| $10,000 – $99,999Requires 1-year DFCU membership and $10,000 average balance maintained over past 12 months. $10,000 opening deposit required. | 2.00% | $200 | Requires 1-year DFCU membership and $10,000 average balance maintained over past 12 months. $10,000 opening deposit required. |
| $100,000 – $1,000,000Requires 1-year DFCU membership and $10,000 average balance maintained over past 12 months. $10,000 opening deposit required. | 2.85% | — | Requires 1-year DFCU membership and $10,000 average balance maintained over past 12 months. $10,000 opening deposit required. |
Membership Savings
0.05%APY
Membership requires $5 opening deposit. Federally insured up to $250,000. Interest is calculated for the entire balance of the account once balance is over $30.00.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $30APY is earned on balances over $30.00; interest is calculated for the entire balance of the account.Over $30 | 0.05% | $5 | APY is earned on balances over $30.00; interest is calculated for the entire balance of the account. |
Special-purpose accounts
Mission Savings
Up to 4.10%APY
Designed for missionary preparation. One free withdrawal every six months. For minors, a parent or guardian can serve as a joint owner. No monthly fees. Opening deposit stated as $5 on p40 and no minimum deposit required on p41.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| Up to $15,000Loyalty rate tier for balances $0–$15,000. No monthly fees. Minimum opening deposit $5 per p40 ($0 per p41). · $5 to open | 4.10% | $5 | $410 | Loyalty rate tier for balances $0–$15,000. No monthly fees. Minimum opening deposit $5 per p40 ($0 per p41). |
| Up to $15,000Standard tier for balances $0–$15,000. No monthly fees. Minimum opening deposit $5 per p40 ($0 per p41). · $5 to open | 3.60% | $5 | $360 | Standard tier for balances $0–$15,000. No monthly fees. Minimum opening deposit $5 per p40 ($0 per p41). |
| $15,000 and upStandard tier for balances $15,000+. No monthly fees. · Unknown to open | 0.05% | Unknown | — | Standard tier for balances $15,000+. No monthly fees. |
| $15,000 and upLoyalty rate tier for balances $15,000+. No monthly fees. · $5 to open | 0.05% | $5 | — | Loyalty rate tier for balances $15,000+. No monthly fees. |
IRA Savings
0.20%APY
Available as Traditional or Roth IRA. Flexible savings with deposits. Federally insured by NCUA up to $250,000. Consult a tax advisor for specific implications.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0APY is earned on balances beginning at $0.01. No minimum balance required. Make contributions whenever you are ready.Over $0 | 0.20% | $20 | APY is earned on balances beginning at $0.01. No minimum balance required. Make contributions whenever you are ready. |
Sources (3)
All captured Oct 22, 2026
Student Savings
0.05%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0APY is earned on balances beginning at $0.01.Over $0 | 0.05% | $5 | APY is earned on balances beginning at $0.01. |
Sources (1)
- dfcu.com/rates · captured Oct 22, 2026
Youth Cents Savings
0.05%APY
Child must be under 18 and eligible for membership. Parent or guardian as joint account owner. 10% match on first deposit up to $10. No monthly fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0APY is earned on balances beginning at $0.01. No monthly fees. Minimum opening deposit $5.Over $0 | 0.05% | $5 | APY is earned on balances beginning at $0.01. No monthly fees. Minimum opening deposit $5. |
Closed to new customers
Special Savings
0.05%APY
Requires an existing Membership Savings Account. Can open an unlimited number of accounts for goals, budgeting, or vacations.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0APY is earned on balances beginning at $0.01.Over $0 | 0.05% | $5 | APY is earned on balances beginning at $0.01. |
Who can join Deseret First Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of The Church of Jesus Christ of Latter-day Saints or affiliated organizations and select employer groups are eligible for membership.
- Current employees of Deseret First Credit Union are eligible for membership.
Family and household
- Immediate family of eligible members qualify for credit union membership.
Other ways
- Members of The Church of Jesus Christ of Latter-day Saints are eligible for membership.
Cost to join
- A $5 initial membership share deposit is required to establish membership.
Membership information collected October 4, 2026.