Skip to main content

Desert Financial Credit Union named official retail banking partner of ASU

Official ASU-branded debit cards coming soon


Exterior photo of Desert Financial Arena

Desert Financial Credit Union has held naming rights for the university’s basketball arena since 2019. Photo by ASU

April 12, 2023

Desert Financial Credit Union expanded its current partnership with Arizona State University to become the university’s official retail banking partner Wednesday.

With the retail banking partnership in place, Desert Financial will be the exclusive provider of ASU-branded debit and credit cards and will run all on-campus bank branches and ATMs at ASU’s Downtown Phoenix, Polytechnic, Tempe and West campuses.

Desert Financial is kicking off the expanded partnership with a $25,000 donation that will be used for equipment to aid in recovery and injury prevention across all ASU women’s sports. Desert Financial will also provide student and community engagement activities on the ASU campuses, including volunteer opportunities and financial education for students and faculty.

“We know strong communities are built by citizens who have received a quality education,” said Desert Financial President and CEO Jeff Meshey. “Our existing partnership with ASU has improved access to higher education for our employees, and we’re building on that foundation to increase access to high-quality, local financial services and financial education for the ASU community.”

Since launching its corporate education program in 2020, nearly 30% of Desert Financial employees have enrolled in fully funded undergraduate degree programs, graduate education or continuing education courses through ASU.

“Arizona State University and Desert Financial Credit Union share a strong belief in the power of education and our collaborative ability to support student learning and success,” said ASU President Michael M. Crow. “ASU is excited to grow this valued partnership as a dynamic resource offering great service, convenience and financial literacy to our students and our broader Sun Devil community.”

Arizona’s largest credit union has held naming rights for the university’s basketball arena since 2019. Desert Financial Arena on the Tempe campus is home to men’s and women’s basketball, wrestling, gymnastics and volleyball. 

The two organizations share common founding stories. ASU began as a school to train teachers in 1885. Desert Financial Credit Union owes its origin to a group of Valley teachers who founded the credit union in 1939 with just $78.75.

The exclusive ASU debit cards will be available soon at DesertFinancial.com/ASU.

More University news

 

Group photo of 2024 Arizona Nutrition College Bowl participants.

How College of Health Solutions faculty, alumni rebuilt the College Nutrition Bowl

By Aidan Hansen When Lindsay Gnant first participated in the Nutrition College Bowl as an Arizona State University undergrad in…

June 14, 2024
Student sharing information about ASU's Public Service Academy from table display

ASU awarded prestigious Leadership for Public Purpose classification

For Ivan Quintana, it was a specific program — one focused on developing character-driven leaders who make a difference in their…

June 14, 2024
A group of students pose with a professor on a college campus.

Professor recognized for mentoring, increasing representation in and out of the lab

When Jinni Su was in graduate school, she got so nervous during her first presentation that she almost passed out. Despite that…

June 12, 2024