Platinum Savings Accounts


Maximize Your Savings

Platinum Savings

Maximize your earnings at Deseret First by transferring your existing deposits to our new Platinum Savings Account. Here are a few of the basics about this account:
  • Earn higher rates! The higher the balance you transfer to this account, the more you earn.
  • Rates paid on this product will adjust over time, but there are no access restrictions. You can make as many deposits or withdrawals as needed. Thus, if the rate moves lower than you’d like, you can easily transfer the funds to another product.
  • The minimum to open a Platinum Savings Account is $10,000 and the maximum is $1 million.
  • Your funds will be deposited in FDIC insured banks or NCUA insured credit unions but you access them through Deseret First. Below is the allocation percentage of your funds to the receiving financial institutions.
  • You will continue to access your funds through normal DFCU channels like online and mobile banking or at any of our branch locations.

Switching to our Platinum Savings is seamless, easy, and will make your money work for you.

Call to Apply
Platinum Savings Rates
Savings BalanceRateAPY
$0–$9,9990.05%0.05%
$10,000–$99,9990.50%0.50%
$100,000- $1,000,0000.60%0.60%
Rates quoted as annual percentage yield (APY). Fees could reduce earnings. Rates subject to change after account opening. Additional products and rates are listed here.
close up of hands counting dollar bills

Platinum Savings Info

Your funds will be housed in FDIC insured banks or NCUA insured credit unions but you access them through Deseret First. Below is the allocation percentage of your funds to the receiving financial institutions.
Current Participating Program Institutions
RECIEVING FINANCIAL INSTITUTIONSALLOCATION %
GreenState Credit Union24%
Axos Bank24%
Peapack Gladstone Bank24%
Luther Burbank Savings Bank24%
First Business Bank4%

Eligibility for Platinum Savings

Are you wondering what it takes to get this type of account? No worries! Here are a few basic eligibility requirements and below is a full document with all the information you need. Terms and Conditions PDF
Verified Credit Union Account
It is required to have been a member of DFCU for at least one year prior to opening this account.
Conditions of membership
To open an account, you must have maintained an average deposit balance of $10,000 for 12 months in DFCU accounts.
Minimum Deposit opening
We require a minimum opening deposit of $10,000.

For questions or to apply directly with a representative, call 801-456-7000 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.

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