This rendering shows the 3,360-square-foot, one-story building that will be the latest branch of
Desert Financial Credit Union. It is under construction at 3179 Lakeview Plaza Dr. in Prescott.
(Photo by Ray Newton)
The newest branch of Arizona’s largest credit union — Desert Financial — is being constructed at 3179 Lakeview Plaza Lane along Willow Lake Road in Prescott.
Miles Kastner, marketing manager of Desert Financial of Northern Arizona, said the 3,600-square-foot, one-story building likely will be completed by the beginning of January 2023.
Kastner declined to comment about the construction cost. He said the new building will incorporate the latest and best of contemporary technological construction materials and design.
The contractor is Frontline STC, a Phoenix-based builder that specializes in banks and credit unions.
Kastner said interviews already are being conducted for employees. When full-time and part-time positions are filled, they will include about 10 positions, including a branch manager.
“We are excited about bringing new jobs to Prescott,” he said. “We’re confident we’ll have an excellent staff.”
Kastner said:”We’re excited about instilling passion for creating exceptional experiences for our members, and we focus on giving back to local communities.”In 2020, Desert Financial gave $3.9 million back to Arizona communities through COVID-19 relief funds, scholarships and what Kastner called “random acts of kindness.”
Founded more than 80 years ago in Phoenix by 15 educators, the original name was Desert Schools Credit Union. The corporate headquarters are at 148 N. 48th St. in Phoenix.
The organization now has more than 400,000 members and is approaching 50 branches. A name change occurred in 2018. It now has more than $6 billion in assets in its not-for-profit cooperative status.
“We have had solid stable growth, especially since our rebrand and the expansion of our charter,” Kastner said.
Desert Financial has another branch in the Quad Cities area inside the Fry’s Food and Drug Center at 3100 Glassford Hill Road in Prescott Valley,
For additional details, go online at www.desertfinancial.com.