Travis CU’s Dedicated Officer for Military and Veteran Services

Damian Alarcon, director and assistant vice president of community relations at Travis CU
Damian Alarcon, director and assistant vice president of community relations at Travis CU

In a recently published article, CreditUnions.com featured Damian Alarcon, director and assistant vice president of community relations at Travis CU (headquartered in Vacaville, CA): At $4.7 billion in assets, Travis CU not only earned the Military Saves Designation of Excellence in 2021, it also was named U.S. Air Force Distinguished Credit Union of the Year two years in a row.

“We’re committed to serving the Air Force and ensuring military families understand the importance of saving,” says Damian Alarcon, director and assistant vice president of community relations at Travis CU.

In fact, the credit union recently hired its first-ever military and veterans services officer. This individual brings 30 years of military experience and will focus on Travis Air Force Base along with serving all of the cooperative’s military families and veteran communities.

The credit union’s “Military Saves Month” activities traditionally kick off with the kids on base through storytelling to promote savings and a piggybank giveaway. Travis also provides webinars focused on specific topics, such as retirement and investment planning, military transitions, and more. As an added incentive to gain financial knowledge throughout the month of April, attendees earn entrance into drawings for various giveaways.

According to Alarcon, financial literacy is a prominent ingredient in the recipe for military success.

“Everyone on base has a shared mission,” he says. “It’s important to understand how savings and financial wellness support that mission.”

That’s why, beyond its “Military Saves Month” activities, Travis has an ongoing partnership with the United Service Organizations (USO) and welcomes each new cohort of airmen and airwomen with an educational session to explain how to use the credit union as a resource.

It’s also why Travis is so focused on enriching the communities it serves, military and civilian, through ongoing financial education efforts. Check out the credit union’s 2021 community commitment report for more details.

Travis CU Quick Facts
Travis CU (as of Dec. 31, 2021):

  • Headquarters: Vacaville, CA.
  • Assets: $4.7 billion.
  • Members: 225,000.
  • 12-month share/deposit growth: 11 percent.
  • 12-month loan growth: -2 percent.
  • Return on assets (ROA): 1.26 percent.

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