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DCUC Continues Commitment to Financial Education

Authored By: Lewis Wood on 10/19/2021

The Defense Credit Union Council (DCUC) said in November it will release its new Installation, Policy, and Operations Guide for Military Credit Unions.

The DCUC noted its long tradition of providing financial education and 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,” DCUC said.

In anticipation of the new guide, DCUC offered a reminder that is offers a number of other  educational resources, including:

The Armed Forces Financial Guide: Mapping the Military Lifecycle, which 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, which 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 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.”

A Commitment to Support

The Defense Council said the publications are part of its commitment to supporting financial education and readiness throughout the military lifecycle, which also includes A Salute to Smart Saving and the Kiplinger’s Financial Field Manual.

The resources are available on the DCUC website and “provide great information for serving military and veteran members,” DCUC said.

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