At Deseret First we understand it’s a financial sacrifice to serve a mission. We developed the Mission Savings Fund to empower future missionaries and give them the best tool possible for saving!



Designed For Future Missionaries

  • Higher Savings Rate
  • Unlimited Deposits (direct deposit, automatic transfers, etc.)
  • No Minimum Deposit
  • Designed for long-term savings
  • Higher rate for up to $15,000, Regular Savings rate for balances over $15,000

Perfect For Any Situation

  • Parents looking to set up a Mission Savings Fund for their children
  • Teenagers planning to serve a mission
  • Grandparent/family member/friend looking to set up a Mission Savings Fund for a youth
  • Adults planning to serve a senior mission
For questions or to apply, call 801-456-7000 or 1-800-326-3328 weekdays: 8am-7pm, Sat: 9am-2pm or visit any Deseret First Branch.


Membership and eligibility required.  Terms and conditions apply.  Federally insured by NCUA.  For youth/minor accounts, bring in the minor’s social security card or bring their SSN and a birth certificate.

Mission Savings Fund Rates:

Rate APY
$0 - $15,000 2.325% 2.35%
$15,000 + 0.100% 0.10%

All you need is a Penny!

No minimum deposit! Start saving for your mission with a penny, a few dollars, or more, with our Mission Savings Fund.
Apply Now

MSF Ad 1

See what children say about missionary work in this video!

Learn More