Belvoir Federal Credit Union is thanking active duty military personnel for their service with a 10% annual percentage yield certificate.
The offer from the $250 million credit union in Woodbridge, Va. is in conjunction with the Military Saves campaign, which is geared towards encouraging military families to meet their immediate needs and build long-term wealth through saving and debt reduction.
According to Belvoir, there is not a minimum amount to open the certificate but there is a $1,000 maximum limit. The certificate will not automatically renew and only one per member is allowed.
During the savings campaign, military personnel can take a pledge that they will help build wealth, not debt, through saving money, reducing debt and building wealth over time. The campaign takes place Feb. 22-26.
Belvoir was organized in 1946 by employees of the Engineering Center on Fort Belvoir. It has since expanded to the entire Fort Belvoir community and several select employee groups.