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:

Awards will be given based on the completed information provided through the Designation of Savings Excellence Application within the Military Saves Month Reporting Survey. Survey samples for banks and credit unions may be found below. The 2021 reporting survey opens May 2021!

Important Links

DOSE Application Worksheet

Sample Survey for Banks

Sample Survey for Credit Unions 

Designation of Savings Excellence 2020 Recipients:

  • Armed Forces Bank
  • First Arkansas Bank and Trust
  • First Keystone Community Bank
  • Fort Sill National Bank - FSNB, N.A.
  • Air Force Federal Credit Union
  • Freedom Federal Credit Union
  • Navy Federal Credit Union
  • New Horizons Credit Union
  • PenFed Credit Union
  • Travis Credit Union


About the Savings Champion Award

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

2020 Savings Champion Top Installation Winner: Fort Jackson

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. We will select winners in 2 separate categories, Military Installations, and Military Supporters.

Winners are recognized by:

  • Military Saves Savings Champion Award.
  • A digital badge to display on your website and share on social media.
  • Recognition on 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. 

Savings Champion 2020 Winners:

Military Installations:

  • Fort Jackson, SC
  • Fort Hood, TX
  • Fort Drum, NY
  • McChord Field (JBLM), WA
  • Fort Bliss, TX
  • Sheppard AFB, TX
  • Los Angeles AFB, CA
  • Fort Leonard Wood, MO
  • Camp Fuji, Japan
  • 194th Engineering Brigade, Tennessee Army National Guard

Military Supporters:

  • FINRA Investor Education Foundation
  • Association of Military Banks of America
  • National Credit Union Administration
  • Zeiders Enterprises
  • AmeriForce Media
  • National Foundation for Credit Counseling
  • The Military Money Show – Lacey Langford
  • The Table Financial Planning - Andrea Clark
  • Investor Protection Trust
  • Defense Credit Union Council

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Tip of the Day

  • Written by Guest Blogger | May 12, 2014

    When opening an account with a bank or credit union ask about overdraft, ATM & other fees that may be in fine print.

Saver Stories View all »

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.


Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”


How Smart Financial Decisions Can Create Opportunities 

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.