PHOENIX — Members of the $2.4 billion Desert Schools FCU can choose the credit union’s Visa gift card again this year after the CU sold 13,000 of the cards between October and December of 2004. The cards will be available from the CU’s branches as well as online and will be available in any dollar amount between $20 and $500. They will cost $2.50 if purchased in branches and $3.50 if purchased online. They can also be purchased in amounts of 20 or more for $1.95 per card. Last year, the credit union made no distinction between online and in branch prices, but charged $3.95 for gift cards up to $250 and $6.95 for cards between $251 and $500. In November of this year, the credit union sold over 3,600 cards and expected to sell many more in December. The cards also carry a time-based penalty. After 12 months, a maintenance fee of $2.50 will be deducted from the gift card. A replacement card will cost $8.95.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.