Desert Schools Credit Union
January 21st, 2009 | by admin |One of the top credit unions in Arizona is the Desert schools credit union. Membership has recently reached 350,000 members. In general the service at credit unions is better than that at banks. Whereas shareholders own banks, the depositors own a credit union. Let’s look more deeply into this institution.
In January of 2008 the accounting firm Callahan and Associates rated Desert Schools credit union #1 for auto loans in Arizona and #15 in the entire country. That’s a big deal when people want to purchase a car. Walking into a car dealer without cash is folly. Loans at dealerships are generally a bad deal. Don’t think those 0% APR loans are any better. Securing the loan first can lead to thousands in savings. It can also serve as leverage during the negotiation. A rule of thumb is if the sales person moves from the “I’m your buddy” routine to “how can you do this to me” or to the angry sales person trying to intimidate you, then you’re doing a good job of negotiating.
Desert Schools Credit Union has a lot of financing offers for cars, trucks, and motorcycles. They directly work with over 200 participating dealers and businesses to make sure the loan experience for the buyer is smooth. This is a win win situation. The buyer isn’t at the mercy of the dealer’s loans, but the buyer doesn’t have to secure a loan until the vehicle is picked and the price is known.
Other vehicle loans are available at Desert Schools Credit Union. The credit union also offers loans for motorcycles, boats and personal water craft. This is done because they understand people have recreation needs, not just utility use for vehicles. Speaking of fun, there are also loans available for pools. Most homes in Arizona have a swimming pool to combat the extreme heat.
In the beginning Desert Schools Credit Union had 15 members and a total of $75 in assets. Now it boasts over $3 billion in assets and 350,000 members. For those interested in math that’s a growth of forty million times, or four billion percent.
Join now, because Desert Schools Credit Union is FDIC insured.
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