Access Your Account
Login Enroll

piggy bank calculator and pen on top of charts

Rates

Interest Rates

Effective December 1, 2024

 


Money Market Accounts

* Active checking account required to earn rates below.

* If the conditions of a Money Market Account are not met, interest will be earned at the disclosed rate for a Regular Savings.

Scroll Left & Scroll Right

AVERAGE DAILY
BALANCE
MONTHLY
FEE
ANNUAL
PERCENTAGE
RATE (APR)
ANNUAL
PERCENTAGE
YIELD (APY)

Less than $2,500

$7.00

$2,500.00 - $9,999.99


2.10%

2.12%

$10,000.00 - $49,999.99


2.90%

2.94%

$50,000.00 - $99,999.99


2.95%

2.99%

$100,000.00 and over


3.00%

3.05%

 


Share Certificates

* Add .10% to the rate for an amount of $50,000 to $74,999.99.

* Add .20% to the rate for an amount of $75,000 and over.

* Certificates must be at least $2,500 to qualify for monthly dividend payments.

Scroll Left & Scroll Right

TERMMINIMUM
DEPOSIT
ANNUAL
PERCENTAGE
RATE (APR) *
ANNUAL
PERCENTAGE
YIELD (APY)

6 months

$2,500

3.75%

3.82%

12 months

$2,500

3.90%

3.98%

18 months

$500

3.90%

3.98%

24 months

$500

3.90%

3.98%

30 months

$500

3.90%

3.98%

36 months

$500

3.90%

3.98%

48 months

$500

3.90%

3.98%

60 months

$500

3.90%

3.98%

 


 

IRA Share Certificates

* Add .10% to the rate for an amount of $50,000 to $74,999.99.

* Add .20% to the rate for an amount of $75,000 and over.

Scroll Left & Scroll Right

TERMMINIMUM
DEPOSIT
ANNUAL
PERCENTAGE
RATE (APR) *
ANNUAL
PERCENTAGE
YIELD (APY)

6 months

$2,500

3.75%

3.82%

12 months

$2,500

3.90%

3.98%

18 months

$500

3.90%

3.98%

24 months

$500

3.90%

3.98%

30 months

$500

3.90%

3.98%

36 months

$500

3.90%

3.98%

48 months

$500

3.90%

3.98%

60 months

$500

3.90%

3.98%

 


 

Checking Accounts
Member Advantage – Interest Checking – Business

 

Scroll Left & Scroll Right

AVERAGE DAILY BALANCEMONTHLY
FEE
ANNUAL
PERCENTAGE
RATE (APR)
ANNUAL
PERCENTAGE
YIELD (APY)

Less than $250

$5.00

 

 

$250.00 - $999.99

Zero

Zero

 

$1000.00 - $4,999.99

 

0.01%

0.01%

$5,000.00 - $9,999.99

 

0.05%

0.05%

$10,000.00 - $24,999.99

 

0.65%

0.65%

$25,000 - $99,999.99

 

0.70%

0.70%

$100,000 and above

 

0.85%

0.85%

 


 

Savings Accounts

Scroll Left & Scroll Right

AVERAGE DAILY BALANCEMONTHLY
FEE
ANNUAL
PERCENTAGE
RATE (APR)
ANNUAL
PERCENTAGE
YIELD (APY)

Less than $50

$5.00

 

 

$50.00 and over

 

0.20%

0.20%

 


 

Health Savings Accounts

Scroll Left & Scroll Right

AVERAGE DAILY BALANCEMONTHLY
FEE
ANNUAL
PERCENTAGE
RATE (APR)
ANNUAL
PERCENTAGE
YIELD (APY)

All Amounts

 

2.25%

2.28%

 


 

IRA Savings Accounts

Scroll Left & Scroll Right

AVERAGE DAILY BALANCEMONTHLY
FEE
ANNUAL
PERCENTAGE
RATE (APR)
ANNUAL
PERCENTAGE
YIELD (APY)

All Amounts


2.25%

2.28%

 


 

Loan Rates

Effective September 21, 2023

 


Vehicle Loans

Desco offers excellent rates on new and used vehicles.  As a reward for doing more business with Desco, our members can qualify for reductions from our standard rates if they have their loan payments automatically deducted from a Desco checking account and have their home mortgage with us.

Contact a loan specialist for a rate quote

 


Vehicle Loans

Scroll Left & Scroll Right

TERM*Rate
as low as
**APR
as low as

New Cars and Trucks **

3 years

5.99%

6.390%

New Cars and Trucks **

4 years

5.99%

6.297%

New Cars and Trucks **

5 years

6.24%

6.490%

New Cars and Trucks **

6 years

6.74%

6.953%

New Cars and Trucks **

7 years

7.74%

7.928%

Used Cars and Trucks **

3 years

6.24%

6.640%

Used Cars and Trucks **

4 years

6.24%

6.547%

Used Cars and Trucks **

5 years

6.49%

6.741%

Used Cars and Trucks **

6 years

6.74%

6.953%

Used Cars and Trucks **

7 years

8.49%

8.680%

* Rates, terms, and conditions are subject to change and may vary based on creditworthiness, model, year, term, and loan amount. All loans are subject to approval and not all applicants will qualify for the lowest rate. Rates are based on an A+ credit score, 20% equity in the vehicle, auto deduction from a DESCO checking account, and a current DESCO mortgage.

**APR=Annual Percentage Rate; based off a $25,000.00 loan with a $150.00 loan origination fee.

Approximate monthly loan payment at 6.74% is $425.67 on a $25,000.00 loan with a 6-year term.

 


Personal Loans

Desco offers excellent rates on personal loans. As a reward for doing more business with Desco, our members can qualify for reductions from our standard rates if they have their loan payments automatically deducted from a Desco checking account.

Contact a loan specialist for a rate quote

 


Personal Loans

Scroll Left & Scroll Right

TERM*Rate
as low as
**APR
as low as

Signature

3 years

11.74%

12.658%

* Rates, terms, and conditions are subject to change and may vary based on creditworthiness. All loans are subject to approval and not all applicants will qualify for the lowest rate. Rate is based on an A+ credit score and auto deduction from a DESCO checking account.

**APR=Annual Percentage Rate; based off a $7,500 loan with a $100.00 loan origination fee.

Approximate monthly loan payment at 11.74% is $251.47 on a $7,500.00 loan with a 3-year term.

 


Credit Cards

Scroll Left & Scroll Right

APR
as low as

Classic Credit Card


13.74%

For rates on residential first mortgages, click here.

For rates on Home Equity Lines of Credit, motorcycles, motor homes, campers and other personal loans, please contact one of our loan officers or visit a branch near you.


 

Apply for a Consumer Loan

Apply for a Mortgage Loan