One of the major goals of San Antonio credit unions is to consistently and effectively come together for the benefit of their members. As a nonprofit cooperative, a credit union’s membership is, at its core, the backbone of the institution. Whether through enhanced product development or ensuring that their members feel a sense of belonging when they walk through the door, credit unions in San Antonio play a significant role in moving members forward toward their goals.
Military Banking Rates
It seems to be the same every January: consumers are left with a shopping hangover, characterized by too much money charged on too many credit cards. It can be hard to get the year off on the right financial foot when there are a dozen different credit card payments to make and the balances on each are accruing interest at staggering rates.
Army Aviation Center Credit Union knows that a certificate account is a great way to keep money safe and secure while earning current market rates. Currently, it is offering is members a fantastic 0.70% APY for its one-year certificate accounts.
Your military service is probably more valuable than you think. In addition to the training and experience you earned while in the service, your military legacy may also give you eligibility to certain veterans benefits.
Finding an affordable Military loan to finance your next car purchase can mean the difference between staying in the black or falling into dangerous territory with high monthly payments and steep interest rates. PenFed (Pentagon Federal Credit Union) lifts the curtain for military families who want to save money when taking out an auto loan.
Good news for active duty military members and civil service personnel: The Thrift Savings Plan (TSP) just announced they will be offering a Roth version of the account. The Roth TSP has all the same benefits of your beloved TSP, but has similar tax benefits to a Roth 401(k), and in some ways, it is also similar to the Roth IRA.
Struggles to set and control the federal budget are not new issues in America. Congress and the White House regularly look for ways to reduce spending throughout the federal government, and the Department of Defense is a frequent target for those looking to cut costs. The Base Realignment and Closure (BRAC) process is one of those attempts to cut costs within the Armed Forces.
Making the transition from the military to a civilian job can be difficult, especially in a down economy, but that doesn’t mean it’s impossible.