Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Belvoir revamps military checking, sees 23% growth
WOODBRIDGE, VA. (7/29/14)--In July, Belvoir FCU, Woodbridge, Va., with $313 million in assets, revamped the checking account it offers to active duty military members, and in one month achieved a 23% growth rate on the product.
 
Enhancements to the account include a higher dividend rate of 3.04% annual percentage yield, unlimited rebates on ATM surcharge fees, an automatic $500 line of credit and discounts on consumer loans.
 
The newly named Armed Forces Checking account is open to active duty military, reservists and National Guard members.
 
"Belvoir Federal believes in financial readiness for our military members," said Patricia Kimmel, Belvoir FCU president/CEO. "It is our duty to serve these men and women as they serve our country. The Armed Forces Checking is an outstanding way to help our military members build their savings arsenal and obtain affordable loans while they concentrate on protecting our freedoms."


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
1 day ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago