Life for the members of the U.S. Military has always been difficult. Their life is filled with constant moving around, extremely odd work hours, move from one city to another, living overseas, away from their families and all of this is just the beginning of the story. Throwing in the financial aspect into the story just opens another wide issue to worry about. Simple things like normal financial transactions, ATM withdrawal are capable of becoming a herculean task for these people once deployed. The families of these members also need to be taken care of. For all the service that they do, there comes into a play a small way of thank you in the form of a different financial institution that can provide special benefits like competitive interest rates, free services etc. to the members of the military and their families.
Navy federal credit union: The motto that navy credit federal union works by is “once a member, always a member” which means a member of the military would always receive the respect and benefits, as it should be. They offer a competitive interest rate on loans and services like 100% VA financing.
Arkansas federal credit union: This institution is known for offering unique products like health savings account and a high yield, liquid investment account with no requirement of a minimum balance. The institute allows the military members to make transactions at other participating credit unions which makes the financial transactions easier for military members who are constantly on the move or travel frequently for work.
Andrews federal credit union: It extends its services to members of the military similar to other institutions. However, the point where this institution stands out is the way it offers services to members of the military posted overseas. It has its branches located in Germany, Belgium, and the Netherlands, customer call service for 30 countries and online euro bill pay which enables the deployed members to pay their bills without having to open an entirely new bank account just for that purpose.