What is a good bank for military veterans, servicemembers? USAA vs Navy Federal Credit Union, etc.?

2023-04-20T15:35:50-04:00

Looking for a bank where I can get a good APY? Good rate.

Response by 1LT Private RallyPoint Member made Apr 20 at 2023 9:46 PM

2023-04-20T21:46:09-04:00

USAA has better customer service in my opinion.

Local banks in your area can always be competitive though. You never know until you call and start talking rates and various options.

Response by MSgt Private RallyPoint Member made Apr 20 at 2023 11:10 PM

2023-04-20T23:10:09-04:00

I’m with Navy Federal CU and have been happy. I have also heard good things about PenFed CU. I much prefer credit unions over banks.

Response by SPC James Neidig made Apr 21 at 2023 1:28 AM

2023-04-21T01:28:18-04:00

I Have Been Using Woodforest For About 15 Years, They Are In A Lot Of Walmarts All Over The Country So They Are Close By If You Need To Talk To A Person, They Are A Full Service Bank

Response by CSM Darieus ZaGara made Apr 21 at 2023 8:38 AM

2023-04-21T08:38:14-04:00

USAA. HANDS DOWN. Look into there vetting interest earning capacities. They have a very broad range of types allowing for versatility.

Response by SFC Dan Thomsen made Apr 24 at 2023 5:27 PM

2023-04-24T17:27:17-04:00

I wonder if USAA requires you to use this wording in this new law on conventional loans. If they want to resell your mortgage to Fannie Mae or Freddie MAC it will require this wording after May. And those two buy up over 90% of all new mortgages. https://www.wfla.com/personal-finance/homebuyers-with-good-credit-to-pay-higher-mortgage-rates/#:~:text=A%20new%20federal%20rule%20enforced,of%20%24400%2C000%2C%20the%20report%20said.

404 - Page Not Found | WFLA

Response by SSG Carlos Madden made Apr 28 at 2023 10:53 AM

2023-04-28T10:53:01-04:00

USAA has been getting a lot of hate the last year or so but I haven't had any problems and would recommend them. I use a number of their products.