DCUC Continues Commitment to Financial Education

October 18, 2021

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WASHINGTON, DC – DCUC has long tradition to financial education and providing resources to its members that help them serve their military communities. This is part of its commitment to improving the financial well-being of all military members past and present.

This November, DCUC will release its new Installation, Policy, and Operations Guide for Military Credit Unions and in anticipation for this new guide, DCUC is looking back at some of the educational resources it has created over the years.

The Armed Forces Financial Guide: Mapping the Military Lifecycle (2020) was developed with military financial education experts and provides a comprehensive overview of how to approach some of the most prevalent financial issues facing military members, veterans, and their families. It covers the entirety of the military lifecycle and provides strategies to help set up members of the military community for financial success, both short and long-term.

The Guide to the Military’s Blended Retirement System (2018) helps servicemembers and families understand the Department of Defense’s Blended Retirement Guide and provides insights on the fundamentals of retirement planning. The guide clearly describes the key features and benefits of the Blended Retirement System, including the tax-deferred TSP account, matching contributions from the DoD, and investment choices and strategies for building a retirement portfolio.

The Veteran Handbook: Tactics for Civilian Life (originally released 2012) provides transitioning service members with a helpful guide as they navigate the transition from active duty to civilian life. Transitioning from military service to civilian life is dramatic, being prepared and having the information necessary to anticipate those changes can make a huge difference. Having the knowledge of what these service members are going through can make a huge difference for a credit union, because it allows you to serve them in the best way possible.

These publications are part of a DCUC’s commitment to supporting financial education and readiness throughout the military lifecycle, which also includes A Salute to Smart Saving (2008) and the Kiplinger’s Financial Field Manual (2012). These resources are available on the DCUC website and provide great information for serving military and veteran members. DCUC’s mission is to serve those who serve our country, and DCUC is proud to continue doing so.

Make sure to keep an eye out the new Installation, Policy, and Operations Guide for Military Credit Unions this November and DCUC’s website for all the latest.

The Defense Credit Union Council is a trade association representing the interests of federal and state-chartered credit unions serving our military around the globe. By maintaining a close and constant liaison with the Pentagon, the Council supports its member credit unions and the Department of Defense (DOD) in coordinating policy, procedures, and legislation impacting morale and welfare, financial readiness, and the delivery of quality financial products and services to DOD personnel and their families. Organized in 1963, the Council’s membership is comprised of 180 credit unions with over 30 million members. If you would like more information about this topic, please contact Charlotte Randall at alert@dcuc.org.

 

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