Business Details
50+ Years
experience
Emergency
services
Your Trusted Financial Partner in Utah
Deseret First Credit Union has served members of The Church of Jesus Christ of Latter-day Saints and their communities since 1955. Founded by Keith Carroll under the direction of the Church's First Presidency, we began as a small financial service for Church employees and have grown to 13 branches across Utah, serving over 50,000 members. Our team combines decades of experience with a deep understanding of our members' values, offering personalized financial solutions that align with faith-based principles. We prioritize financial education through free resources, including calculators, courses, and professional guidance, empowering members to make informed decisions.As a not-for-profit cooperative, we return earnings to members through competitive rates, low fees, and innovative services like our 24/7 card support and mobile banking platform. Our commitment to community extends through the Deseret First Charitable Foundation, supporting local initiatives and member causes. With NCUA insurance up to $250,000, we provide secure, transparent financial partnerships that honor member goals and spiritual values.
Services
Savings Accounts
Auto Loans
Mortgages
Investment Services
Mobile Banking
Details
- Year established: 1955
Highlights and features
- 70+ years serving LDS Church members and communities
- NCUA-insured accounts up to $250,000
- Free financial education resources and calculators
- Member-centric not-for-profit cooperative model
- 24/7 card support and fee-free nationwide ATMs
Associations and certifications
- National Credit Union Administration (NCUA)
What people say
24/7 card support
Competitive rates
Faith-aligned values
Financial education tools
Responsive staff
Services
Mission Savings Account
Specialized savings account with higher APY for missionaries. Helps members save for mission expenses while building credit history. Includes $25 gift card upon account setup for missionaries.
Auto Loans
Competitive APR auto loans with flexible terms. Offers 60-month loans at 5.74% APR. Includes protection products and credit-building benefits for members.
Mobile Banking
24/7 mobile banking app with check deposit, bill payment, and card controls. Allows real-time transaction monitoring and instant card freezing/unfreezing features.
Investment Services
Personalized investment planning through LPL Financial partnerships. Offers retirement planning, portfolio management, and complimentary consultations for long-term financial growth.
Financial Education
Free financial literacy resources including courses, calculators, and professional guidance. Focuses on budgeting, debt management, and faith-based financial planning.
People
Shane London
CEO
Shane London has led Deseret First Credit Union since 2012, continuing its mission to serve LDS Church members. With over 25 years in credit union leadership, he emphasizes community impact and digital innovation.
Questions
Who is eligible for membership?
Membership is open to LDS Church members, employees of select employers, family members of current members, and DFCU employees.
What loan protection options exist?
We offer credit insurance products that protect loan payments during unemployment, disability, or death of the borrower.
How do missionary financial services work?
Missionaries receive special savings rates, no international fees, $25 gift card, and credit history building programs.
What investment options are available?
Through LPL Financial partnerships, we offer stocks, bonds, mutual funds, retirement accounts, and long-term care insurance.
Are there fee-free ATMs?
Members access 30,000+ CO-OP Network ATMs nationwide without surcharges using their DFCU debit card.
How does the credit union support communities?
The Deseret First Charitable Foundation provides grants for education, disaster relief, and local initiatives aligned with member values.
Videos
