Helping Military Credit Unions Combine Forces
The Unique Role of the Defense Credit Union Council
For the Defense Credit Union Council (DCUC), “Serving Those Who Serve Our Country” is not simply a motto, but also a way of life. DCUC supports approximately 210 active and associate member credit unions located on over 200 military installations/federal facilities worldwide, which collectively serve over 14 million members. Additionally, the Council supports the Defense community by working with the Military Departments and the Offices of the Under Secretary of Defense (Comptroller) and (Personnel and Readiness) on matters of mutual interest and concern that impact the financial readiness of our Armed Forces.
DCUC serves as the primary liaison to the Department of Defense for defense credit unions, and has been the Department’s principal conduit to defense credit unions on military bases stateside and overseas. Whether working on strategic or operational issues, or addressing regulatory and legislative matters, the Defense Council’s close working relationship with DoD ensures that members of the United States Armed Forces are provided financial services in the finest traditions of the credit union philosophy. DCUC participates in various programs designed to increase the value of its credit union member organization’s offerings; for example, it takes part in the SaveUp Program and offers prize incentives for Military Saves Week, among other activities.
DCUC member credit unions serving on military installations are charged by the Department of Defense to promote the morale and welfare of our troops. Defense Credit Unions accomplish that mission by combining the benefits of credit unions with special services tailored for today’s military. In addition to supporting the challenges associated with a military lifestyle, DCUC member credit unions provide low cost services to DoD personnel in the US and overseas, offer free financial education and counseling, and promote and support personal financial readiness. They also help address the needs of the command, promote quality of life issues and maintain a strict code of ethics.