Diversity Insight: Someone with military experience lives in your zip code

The Defense Credit Union Council is here to help your credit union­ better serve veterans, military members and their families.

The Defense Credit Union Council is a long-time sponsor of the Military Child Education Coalition. A recent MCEC study found that at least one military-connected child lives in every zip code nationwide. This means it’s very likely that at least one veteran lives in your field of membership—which means every credit union has a veteran in its field of membership. Thus, credit unions have an incredible reach in the veteran community, and DCUC is there to help credit unions connect with and serve veterans, military members and their families.

DCUC is working hard to help more of America’s credit unions serve veterans in their communities through initiatives like our new Veterans Financial Guide. This free downloadable guide helps veterans understand the wide array of benefits available to them. Credit unions can co-brand the guide to share with their local VFWs and American Legions. We have other publications to help you, too. Our Guide to the Military’sBlended Retirement System is available in both English and Spanish.

DCUC also helps credit unions participate in the Veterans Benefits Banking Program. This program from the U.S. Department of Veterans Affairs is designed to bring financial services to unbanked vets. Any credit union can join VBBP if they offer a free checking account and financial wellness training—two services already core to credit unions.

 

continue reading »