Designation of Savings Excellence and Savings Champion Award

About the Designation of Savings Excellence Award

Banks and Credit Unions play an important role in Military Saves Month by making it easy for their customers and members to save. When individuals utilize saving accounts they build financial security and financial institutions increase deposits, build goodwill, and strengthen relationships.

That’s why we recognize financial institutions that show exceptional achievement in Military Saves Month activities by awarding them the Designation of Savings Excellence.

Designees are recognized by:

Eligibility requirements:

  • Signed up to participate in the current year of Military Saves Month.
  • Demonstrated efforts in encouraging saving during Military Saves Month.
  • Complete the Designation of Saving Excellence Application which is included in the Military Saves Month Reporting Survey.
  • Submission of samples of marketing materials.

Awards will be given based on the completed information provided through the Designation of Savings Excellence Application within the Military Saves Month Reporting Survey.

The 2021 reporting survey is now closed.

Designation of Savings Excellence 2021 Recipients:

  • First Arkansas Bank and Trust
  • Wells Fargo
  • USAA
  • Community Resource Federal Credit Union
  • Hanscom Federal Credit Union
  • Navy Federal Credit Union
  • New Horizons Credit Union
  • PenFed Credit Union
  • Scott Credit Union
  • Travis Credit Union
  • Pioneer Valley Credit Union

About the Savings Champion Award

Every Military Saves Month, hundreds of participating organizations around the world, including non-profits, military installations, and government agencies, go the extra mile to help military families save money and assess their financial habits. We want to recognize those organizations who go above and beyond during Military Saves Month with our Savings Champion Award.

2021 Savings Champion: USS Makin Island

2021 Savings Champion: USS Makin Island

The Savings Champion Award is a national recognition that is awarded by Military Saves with the support of a selection committee comprised of staff and leadership in all program initiatives.

Winners are recognized by:

  • Military Saves Savings Champion Award.
  • A digital badge to display on your website and share on social media.
  • Recognition on MilitarySaves.org social media and email communications.
  • Recognition in a national press release and individually in local releases.

Eligibility requirements:

  • Signed up to participate in Military Saves Month.
  • Encourage the military community to make a commitment and savings plan through the Military Saves Pledge.
  • Promote MSM through a variety of events and social activities.
  • Complete the Savings Champion Application which is included in the Military Saves Month Reporting Survey.
  • Submission of samples of marketing materials.

Awards will be given based on the completed information provided through the Military Saves Month Reporting Survey.

The 2021 reporting survey is now closed.

Savings Champion 2021 Winners:

  • American Armed Forces Mutual Aid Association
  • AmeriForce Media
  • Association of Military Banks of America
  • CollegeAdvantage Ohio's 529 Plan/ Ohio Tuition Trust Authority
  • Defense Credit Union Council
  • Experian
  • First Command of DuPont, WA
  • FINRA Investor Education Foundation
  • Harris Financial Coaching
  • Michael Walters Advertising
  • New Jersey Bureau of Securities
  • National Foundation for Credit Counseling
  • Securities Division - TN Department of Commerce & Insurance
  • Silicon Valley/ South Bay SAVES
  • USS Makin Island, Navy
  • USS John C. Stennis, Navy
  • United States Securities and Exchange Commission

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Tip of the Day

  • Written by Katie Bryan | November 28, 2013

    Set a goal, make a plan, #save automatically - pledge to save today!  http://ow.ly/ksLWb

Saver Stories View all »

Living the Dream: This Military Couple Retired Early

Written by Jackie Toops | March 18, 2021

“Continuous dedication to financial peace pays off,” shares military couple, Denise and Jim. They would know, because at ages 52 and 53, they are already retired. The couple enjoyed life as an Army family for 32 and a half years and started planning for retirement decades ago. Denise shares, “We are not working a paid job, but are volunteering and meeting some personal fitness goals and enjoying some time together after many years spent geographically apart. It can be done!”

Read more...

Making Saving Automatic Leads to Personal Success

Written by Lila Quintiliani | May 27, 2020

Ryan’s savings journey started when he was an active duty airman. Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

Read more...

Building a Six-Figure Savings While Enjoying Life

Written by Jackie Toops | November 13, 2020

Does the idea of saving up hundreds of thousands of dollars seem impossible? How about doing it while still living an enjoyable lifestyle?

For military spouse Martina and her husband, an E-5 in the Navy, accumulating a six-figure savings has become a reality. One might think that in order to save this much, it would take a great deal of sacrificing and forgoing a certain quality of life, but Martina and her husband would disagree. “Over the past few years (about five), we've managed to save almost $120,000 while mostly living on one income. We've learned so much about easy ways to save money and live a good life,” shares Martina.

Read more...