News Summary
Desert Financial Credit Union is distributing $16 million in Member Giveback Bonuses, totalling $106 million over eight years. Members benefit from bonuses averaging $93 by engaging with the credit union’s services. The initiative reflects Desert Financial’s commitment to improving members’ financial well-being and community engagement. The credit union also emphasizes diversity and community support initiatives. A recognition dinner for Arizona’s Most Admired Companies will take place on October 9, 2025.
Arizona – Desert Financial Credit Union is set to distribute $16 million in Member Giveback Bonuses later this month. This latest distribution brings the total amount awarded through this program over the past eight years to an impressive $106 million. The initiative aims to reward members for their banking activities, a move that exemplifies the credit union’s commitment to enhancing the financial well-being of its members.
This year, qualifying members can expect an average giveback bonus of $93, providing a tangible benefit to those who engage with the credit union’s services. Members are automatically enrolled in the Relationship Rewards Program, where they earn points for various banking activities. Key ways members accumulate points include making monthly direct deposits of over $500 and acquiring loans.
Desert Financial Credit Union emphasizes its goal of positively impacting the daily lives of its members through these financial rewards. According to the president and CEO, the giveback bonus is just one of the many perks available to members of the credit union, reflecting its ongoing dedication to delivering value and convenience.
In addition to member rewards, Desert Financial is committed to community engagement. The credit union actively participates in local investments, volunteerism, and supports scholarships and grants for nonprofits in the area. This multidimensional focus underlines Desert Financial’s mission not only to serve its members but also to contribute to the broader community.
Furthermore, Desert Financial places a strong emphasis on promoting diversity, equity, inclusion, and accessibility (DEIA) within its workplace culture. Recent internal surveys indicate that 95% of employees believe the organization fosters an inclusive and diverse environment. To further support this commitment, the credit union has established Employee Resource Groups (ERGs) such as Mental Wellness Advocates and Multicultural and Professional Development, which have actively engaged over 300 employees in 2024 alone.
These efforts have earned Desert Financial recognition and accolades within the industry. The upcoming awards dinner celebrating Arizona’s Most Admired Companies will be held on October 9, 2025, at Chateau Luxe in Phoenix. This event will honor organizations like Desert Financial, which have demonstrated exemplary service and performance in the region.
Several sponsors are contributing to the event’s success, including Plexus Worldwide as the VIP Sponsor and Burch & Cracchiolo as the Beverage Sponsor. Other sponsors include Tutera Medical and Sottopelle, who are participating as Photo Booth Sponsors, while Taft/Sherman & Howard serve as the Digital Sponsor. PJs Flowers will provide floral arrangements, and Merestone will handle production for the event.
The Member Giveback Bonuses and community-focused initiatives reflect Desert Financial Credit Union’s overarching mission to empower its members and foster a thriving community atmosphere. As it continues to award member bonuses and support local programs, the credit union remains dedicated to promoting financial success and inclusivity for everyone involved.
Deeper Dive: News & Info About This Topic
- Arizona’s Most Admired Companies of 2025: Desert Financial Credit Union
- Wikipedia: Arizona
- Here are Arizona’s Most Admired Companies of 2025
- Google Search: Arizona business news
- Arizona’s Most Admired Companies of 2025: Donor Network of Arizona
- Google Scholar: Arizona business recognition
- Cohere Named One of Arizona’s 2025 Most Admired Companies
- Encyclopedia Britannica: Arizona
- Arizona’s Most Admired Companies of 2025: Creation
- Google News: Desert Financial Credit Union
Author: STAFF HERE PHOENIX WRITER
PHOENIX STAFF WRITER The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
