Lockheed Martin is a proud sponsor the National Memorial Day Concert, which honors the service and sacrifice of our men and women in uniform, their families at home and all those who have given their lives for our country.
By Darlene Goins, senior vice president and head of Hands on Banking® at Wells Fargo
In recognition of National Military Appreciation Month, the National Foundation for Credit Counseling (NFCC) just released results from its 2019 Military Financial Readiness Survey, and they were surprising. The survey, conducted by Harris Poll and sponsored by Wells Fargo, found that:
Nearly 9 in 10 active service members and 84% of spouses or partners have worries about personal finances.
As part of his pursuit of the Eagle Scout rank, Boy Scout Tim Maron led a two-year effort to build a tiny home for a homeless military veteran — a project realized with the help of Wells Fargo.
Step by step, teenager Tim Maron’s vision of home for a homeless military veteran has become reality in a resurgent, small-town neighborhood once infested with drugs and crime.
Today, that neighborhood is known for its clean streets and renovated homes, thanks to a local nonprofit, and most recently a modest tiny house project led by Maron, 17, a Boy Scout and budding young community leader in eastern Pennsylvania.
Sailors in the U.S. Navy face serious financial and career consequences if they’re caught driving under the influence. A chief who’s served 14 years, whose rank is reduced to first class due to a DUI, could lose $527 a week in base pay alone1. Yet long-standing messages about alcohol abuse weren’t resonating, given an entrenched drinking culture.
In spite of improving conditions for veteran employment, more than half of veterans still feel that HR professionals do not understand their military skills, according to a 2018 Monster survey of more than 300 veterans.
Lockheed Martin demonstrated its ongoing mission to serve our nation’s military veterans and their families by donating $97,000 last month to Homes for Our Troops, a nonprofit organization that builds specially adapted custom homes for severely injured post-9/11 veterans. Over the past six years, Lockheed Martin has committed more than $400,000 to the charitable organization.
Company’s financial education program reached 1 million service members and families
SAN FRANCISCO, November 8, 2018 /3BL Media/ – In honor of Veterans Day, Wells Fargo & Co. (NYSE: WFC) announced the company has donated a total of more than $130 million since 2012 to support military- and veteran-related nonprofits focused on housing initiatives, career transition and financial education.
Donated more than 350 mortgage-free homes, valued at more than $55 million, to veterans in all 50 states.
A spouse’s employment status can make a big impact on transitioning from active duty to civilian life, according to a 2017 survey by BlueStar Families. Yet fewer than half (47%) of military spouses are currently employed1.
$1 million of support from Wells Fargo will allow National Foundation for Credit Counseling® to continue military programs offered through Sharpen Your Financial Focus®
WASHINGTON, D.C. and SAN FRANCISCO,September 18, 2018 /3BL Media/– In support of the Sharpen Your Financial Focus® (Sharpen) initiative, National Foundation for Credit Counseling® (NFCC®) announced the nonprofit has received a $1 million commitment from Wells Fargo & Co. for financial counseling and education services for active military service members, veterans and their families.