Can your bank help you to leverage your military salary? Comparing banking products like savings accounts, checking accounts, money market accounts, and CDs can often earn you the highest interest rates, lowest fees, and most generous perks to stretch your military paycheck.
Before they were famous, many truly influential men and women started by serving their country in the US military or grew up in military families.

Military Banking

BANKING FOR SUCCESS
Banking on Your Military Future

Aren't all banks basically the same? Well, no two military families are exactly alike. Financial lifestyles can differ dramatically. And while they have some things in common, banks can vary just as much in how well they support your military financial needs. Your best bet is a bank that understands the unique financial challenges of being military, and is prepared with products and services to support both your current military lifestyle and meet the future needs of military retirement and beyond.

To choose the right bank for you, first determine your military money style by answering some few simple questions:

  • Are you at home or on military deployment more often?
  • How important is immediate access to your money?
  • How often will you write checks to cover military expenses?
  • How often will you need to access your money?
  • What are your financial goals, long term and short term?

Can your bank help you to leverage your military salary? Comparing even basic banking products like savings accounts, checking accounts, money market accounts, long and shorter term CDs and more, can often earn you the highest interest rates, lowest fees, and most generous perks that go a long way towards stretching your military paycheck.

Can your bank support military retirement? Consider products like IRAs to see how your investment now can pay off later.

Consider your bank's level of customer service. With your busy military lifestyle, you want a proactive banker, someone who will keep you informed about the latest bank products and services designed to benefit your military family, creating a strong foundation for solid military money management.

CHOOSING A BANK

Military families move often, so you may find yourself looking for a new bank more often than the average family. Before you choose a new bank, look for things like generous perks, reasonable costs, and competitive rates.

MILITARY BANKING BASICS

A penny saved is military smart...if your bank accounts are working as hard as they can to bolster your military lifestyle. Banks offer a veritable smorgasbord of bank products and services. It's up to you to find those that support your military expenses, lifestyle and future plans.

EARNING POWER

Earning interest and saving money is easier than you may think. Even if your military pay is from one spouse only, allocating consistent savings from each military paycheck of just $10 or $20 a month adds up over time.

MILITARY BANK BENEFITS

As military servicemembers, you have many money-saving advantages that consumers don't have, and that helps when it comes to maneuvering successfully in this tighter economy. You should be taking full advantage of military savings plans and military loans that can help you make smart saving, spending and investing choices.

Get answers to Your VA Loan Questions
Expert Answers are Ready:
Question Big

Does a VA home loan require an escrow account for taxes and insurance?

In doing my research comparing a VA loan versus a conventional loan, it appears that if you put 20% down on a conventional loan...

How do I restore my VA loan eligibility?

I used by VA home loan eligibility on a home purchase back in the 80's. I paid it off years ago. I want to purchase another home...

Can my military housing allowance be used to buy a home with a VA loan?

I am active duty military and government housing is not available at my base. Can a VA lender can count my BAH income...

more about VA LOANS



VA Loans for Veterans

Sponsor:

Complimentary VA loan pre-approvals will give you the comfort you need to shop for your home with confidence. VA refinance loans available.


VA Home Loans

About Military Hub
Privacy Policy
Contact / Advertise

Copyright © 2008 - 2017
Advertise Military, LLC
All Rights Reserved

Disclaimer: MilitaryHub.com and MilitaryRates.com are private websites that are not affiliated with the U.S. Department of Veteran Affairs, any U.S. government agencies, or any U.S. military branches. Our sites contain basic information about veteran benefits, pay tables, current events, and news for active duty military personnel, military veterans, and their families. You can find additional information on these topics at the official website for U.S. Department of Veteran Affairs.