Money Market
Ultimate flexible savings
Boost your Savings!
- Higher interest rates = Larger savings
- Low-risk investment
- Funds are accessible
*Rate stated as Annual Percentage Yield. Membership and eligibility required. Terms and conditions apply. O.A.C.
Truly Usable Funds
Higher yields and you can still access your money? That’s right! Funds can be deposited or withdrawn at any time with a Money Market account, so you can have the flexibility to do more with your money. If your regular savings account is starting to feel stagnant, a Money Market may be the next step you need to have your money work for you.
- Higher balance = Higher rates
- Unlimited deposits
- No term restrictions
- No minimum balance
| Savings Balance | Rate | APY | Loyalty Rate | Loyalty APY |
|---|---|---|---|---|
| $0–$2,499 | 0.25% | 0.25% | 0.25% | 0.25% |
| $2,500–$19,999 | 1.49% | 1.50% | 1.49% | 1.50% |
| $20,000–$99,999 | 2.47% | 2.50% | 2.47% | 2.50% |
| $100,000-$249,999 | 3.20% | 3.25% | 3.20% | 3.25% |
| $250,000-$499,999 | 4.17% | 4.25% | 4.17% | 4.25% |
| $500,000-$999,999 | 4.17% | 4.25% | 4.17% | 4.25% |
| $1,000,000+ | 4.17% | 4.25% | 4.17% | 4.25% |
Rates quoted as Annual Percentage Yield. Fees could reduce earnings. Federally insured by NCUA up to $250,000. Additional products and rates, including Jumbo Money Market Accounts, are listed here.
Proudly Serving Members and Employees of The Church of Jesus Christ
of Latter-day Saints
In the 1950s, the First Presidency of the Church realized that employees of the church offices needed access to financial services; they decided to help provide these much-needed services. On August 4th, 1955, the LDS Church Office Credit Union was founded. Gordon B. Hinckley was one of the first board members.
The first branch was established in 1974, and the membership was expanded to include any employee of The Church. After steady growth in the 80s, the credit union changed its name to Deseret First Credit Union. It expanded its membership to include all members and family members of The Church of Jesus Christ of Latter-day Saints.
We now have over 70,000 members across the nation and have been able to put our members first with our unique products and services.
Want to know more about how Deseret First could be the right fit for you and your financial needs? Want to learn more aobut how we serve our members across the nation or how we understand and respect your values and can help you align your financial needs with your values? Learn more by clicking the button below.
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Account Requirements
- Membership and eligibility
- Initial deposit of $2,500
