NFCC Honored as a 2020 Savings Champion by Military Saves

WASHINGTON, July 29, 2020 /PRNewswire-PRWeb/ -- The National Foundation for Credit Counseling® (NFCC®) has earned the annual Military Saves Savings Champion award. This honor is reserved for organizations that directly serve the military community and have exhibited outstanding efforts in motivating their communities to build wealth and reduce debt.

"The COVID-19 pandemic is an unfortunate situation that is currently impacting military families and their finances. The timing of Military Saves Month has helped to spearhead the conversation around saving during a national crisis and help service members and their families take action toward their savings plan," said Angela Caban, Military Saves Director. "The installations, organizations, and supporters awarded went above and beyond to encourage and support the military community to save."

"The designees awarded all pivoted to promote a fully digital campaign in response to the COVID-19 pandemic," she continued. "These organizations don't just tell people why it's important to save, they help them do it. They all play an important role in Military Saves Month encouraging all military families to take financial action during the month. These organizations excelled in their use of social media platforms and podcasts as well as email communications."

Military Saves Month, held in April, is an annual opportunity for the entire military community to assess their savings status and make a plan to start or increase saving, and for organizations to support good savings behavior.

"We are honored to receive this special recognition for our work to support a culture of savings as part of an overall commitment to financial readiness for military families," said Bruce McClary, Vice President of Communications for the NFCC. "As we boldly move ahead with the expansion of safe and transparent solutions for consumers, we remain committed to making the financial well-being of military families a key part of our efforts."

Active duty service members, their spouses, and veterans needing help managing a budget that prioritizes savings or assistance overcoming debt challenges can call 877-404-6322 or visit https://www.nfcc.org/who-we-help/military-and-veterans/ to connect with an NFCC Member Agency.

For a complete list of 2020 Military Saves Savings Champion recipients and more information about the Military Saves program, visit militarysaves.org. For more information about the Military Saves Month visit here.

About the NFCC

Founded in 1951, the National Foundation for Credit Counseling® (NFCC®) is the nation's first and largest nonprofit dedicated to improving people's financial well-being. With a national network of member offices serving 50 states and Puerto Rico, our NFCC® Certified Credit Counselors are financial advocates, empowering millions of consumers to take charge of their finances through one-on-one financial reviews that address credit card debt, student loans, housing decisions and overall money management. Make one of the best financial decisions of your life. For expert guidance and advice, call (800) 388-2227 or visit http://www.nfcc.org today.

SOURCE NFCC