Next Monday, November 11, is Veterans Day, which honors all people who have served in the Armed Forces, both living and deceased. In honor of Veterans Day, we are dedicating this week’s blog to active and previous Service Members.
Many financial, homeownership and employment services and programs are available to Service Members and their families. If you are a Service Member, be sure to take advantage of all that apply to your situation – the savings and benefits can really add up.
Here are a few:
Get a free meal:
Many restaurants are offering free meals to vets in celebration of Veterans Day.
Take advantage of military discounts:
Everybody loves a deal. Every little bit adds up.
Set goals and set a budget:
Many budget calculators and programs are available. Many for free. Check out mint.com to help you track your spending and to stay on budget.
Build up your savings with the Savings Deposit Program
Retirement and Investments:
Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve.
Numerous mortgage and down payment assistance programs are available. And depending upon your situation, you can take advantage of more than one.
Standard Bank is proud to be an approved lender able to offer the Welcome Home Heroes program that grants up to $10,000 in down payment assistance as well as the following special mortgage and down payment assistance programs. Contact a mortgage banker if interested in more information.
- VA and Conventional Home Loan Programs
- Smart Move
- Down Payment and Closing Cost Assistance
Standard Bank is genuinely committed to the financial well-being of our Service Members and Veterans and offer our Military Banking* Program featuring:
- Cash incentive for opening Checking and Savings Accounts
- No minimum balance or monthly service fees Savings Account
- Up to $250 in discounts on Mortgage Loan Costs
- Competitive Rates on Consumer Loans
- Complimentary First Check Order, Money Orders, Cashier’s Checks and Notary Services
- Complimentary Financial Literacy Education
- Credit Builder Program
Thank you Veterans and active Service Members. We salute you.