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College Savings Certificate

Looking for an easy way to save for your child's education?


Looking for an easy way to save for your child's education?

You can jumpstart your educational investment by opening a Desert Financial College Savings Certificate with as little as $1,000. Even better, because this account is meant to fund educational advancement, Desert Financial automatically gives you the highest rate available for a one-year premium certificate.

Key Features

  • No monthly or annual service fees
  • Minimum $25 monthly transfer or payroll deduction1
  • $1,000 minimum balance
  • Competitive fixed rate2
  • One-year term3
  • Free Online Banking, eStatements and Phone Banking

Questions? We’re here to help

APY = Annual Percentage Yield. Dividends reported annually via 1099-INT. Consult your tax adviser regarding your individual tax situation. Certificate holder must be a member under age 18. 1Waived with opening deposit of $5,000 or more, or when account reaches a $5,000 balance. 2Dividend penalties apply for early withdrawal; waived with proof of high school graduation or certificate holder reaching age 18. Rates are based on the date/time that funds are received and processed. 3The term will renew automatically at our current rate if no action is taken at certificate maturity.

For additional information regarding fees, please refer to the Fee Schedule.