I was over at Navy Federal Credit Union's website today, and I noticed a bit on the home page advertising their new Active Duty Checking Account. This account requires a regular direct deposit of active duty pay, but it has the benefit of free checks and ATM rebates of up to $20 per month, in addition to the regular benefits of Free Web Bill pay, Visa Check Card, and no minimum balance.
If you hadn't yet heard, Navy Federal has recently opened their membership to all Department of Defense branches of the armed forces. Their field ofmembership now includes all Army, Navy, Marine Corps and Air Forceactive duty, retired, reserve, National Guard and DoD civilian personnel. We've been Navy Federal members for over 20 years and have never been less than delighted with their service. They have very competitive rates on loans and credit cards, plus their mortgage offerings are fantastic. If you haven't yet checked into Navy Federal, I encourage you to see if they might be right for you. Now that they've opened their membership to all branches, locations are opening on Army, Marine Corps and Air Force bases all over, so it is more convenient than ever!
Update: A reader just commented to me that she going to call Navy Federal today to change her account type. Guess what? You don't even have to call! If you go online and log into your checking account, there is a link on the right that says "change checking account type." It is so quick and easy!