Financial Services

Financial Information and Resources

Financial wellness is a cornerstone of a successful post-military life. By addressing the financial challenges veterans face and providing targeted resources and support, we can empower those who have served to lead stable, independent, and fulfilling civilian lives. There are now many organizations that assist veterans with debt reduction and forgiveness and there are check cashing centers that offer direct deposit and checking services for veterans with a minimum monthly deposit. For veterans requiring a certified fiduciary, Veterans Affairs offers a fiduciary program for veterans facing incarceration of homelessness. Veterans with overpayments or educational loans can contact the Debt Management Center by scanning the QR code or calling:

1-800-827-0648


Checking / Savings Account Statement: This is not something that will be required from NYCHA to begin the process for housing, but banking statements will be required before signing the lease. There are numerous banks and credit unions that cater specifically to veterans. Most banks will waive their monthly fees for veterans with direct deposit. 


For the veteran who is without any financial means, be sure to consult with NYC HRA for emergency cash assistance. While the SSVF programs offer financial services, the SSVF programs are showing themselves to be unreliable and disconnected from the veteran’s needs. For the veteran without a checking account, Citibank has free checking for veterans with direct deposit and is quite flexible in documentation required to open an account. Credit unions offer higher protections for military members.

Money problems can create stress that shows up in many ways. Things like trouble sleeping, getting into debt, stressing about having a place to live, or feeling like you could do more for your family can all stem from financial pressure.

  • Veterans Affairs Financial Resources

    Money problems can create stress that shows up in many ways. Things like trouble sleeping, getting into debt, stressing about having a place to live, or feeling like you could do more for your family can all stem from financial pressure. Here are resources for Veterans who are experiencing money-related challenges.

    Resources for Veterans



  • Banking and Credit Unions

    Credit Dispute Pros.

    Chandler, AZ 85249

    (480) 281-9108

    1-855-451-PROS(7767)

    LAndrews@creditdisputepros.com


    Additionally, there are several financial institutions and advisors in the area which I have listed below:

    Citibank  

    Locations all around NYC  

    (888)248-4226  

    https://banking.citi.com/

       

    Navy Federal Credit Union  

    300 Steamboat Rd

    Kings Point, NY 11024

    (888)842-6328

    https://www.navyfederal.org/


    Raymond James  

    Ryan Barnett  

    Financial Advisor  

    ryan.barnett@raymondjames.com  

    https://www.raymondjames.com/


    Famers Insurance Federal Credit Union

    Gary Harper  

    Personal Banking Consultant

    gharper@figfcu.org

    https://figfcu.org/ 

     

    Allied Wealth Partners  

    James Montijo  

    Financial Advisor  

    jmontijo@alliedweatlhparners.com  

    https://www.alliedwealthpartners.com/

      

    Manning Accounting Services

    65 Oak Lane

    Staten Island, NY 10312

    (718)227-9797

    https://manningaccountingservices.com/ 


  • Internal Revenue Service (IRS)

    The Internal Revenue Service is committed to helping all Veterans. We work with community and government partners to provide timely federal tax-related information to Veterans about tax credits and benefits, free tax preparation, financial education and asset-building opportunities available to Veterans.


    Our Approach

    The Stakeholder Partnerships, Education and Communication (SPEC) office within the Wage & Investment Division has built a network of national and local partners. Organizations include corporate, faith-based, nonprofit, educational, financial and government. With so many tax benefits available today, taxes can serve as the starting point for many people's dream of stronger financial security.


    Partnership with VA

    The IRS and US Department of Veterans Affairs entered into a Memorandum of Understanding in 2015. The primary focus of the MOU is to provide free tax preparation services to Veterans and their families.


    Partnering organizations prepare tax returns free of charge for low- to moderate-income taxpayers. Also check out the partner Outreach Connection for links to newsletter articles, podcasts, widgets and other electronic products to help reach out to customers with timely tax news. If you represent a Veterans organization, why not look further to see how you can become involved?


    Read more...

  • Tax Filings

    The ezTaxReturn team is made up of Americans from all walks of life from a multitude of socio-economic diversities. We are folks, who are very proud to represent the average American population and play a part in serving its needs.

    The EZ Tax Return


    NYC Free Tax Prep


    NYC Free Tax Prep / Access


    Get Free Financial Counseling

    NYC Financial Empowerment Centers provide FREE one-on-one professional financial counseling and coaching to support you in reaching your goals. Work with our counselors to:

    • Create a budget.
    • Establish or improve credit.
    • Set up a spending plan.
    • Open a safe and affordable bank account.
    • Contact lenders about debt, including student loans. Learn more about student loans at nyc.gov/StudentLoans
    • Develop a strategy to reduce debt or lower payments.
    • Access emergency government resources.
    • Separate personal and business finances.
    • And much more!

  • Debt Forgiveness

    We use our industry knowledge to purchase large portfolios of debt for a fraction of the original cost, creating a 50x impact—for example $100 forgives $5,000 in debt.

    Our service is a free, random act of kindness for those in debt. There is no need to apply. In addition to debt relief, we ensure derogatory marks are removed from the beneficiary’s credit report.

    Forgive Co

    Business Partnerships

    Erik Antico

    Chief Revenue Officer

    erik.antico@forgiveco.com

  • Change Your VA Direct Deposit Information

    If you receive disability compensation, pension, or education benefits from VA, you can update your direct deposit information in your VA.gov profile. You’ll need your bank’s routing number and account number to make the updates.


    Note: You’ll need to sign in to VA.gov to update your direct deposit information. Once signed in, you’ll have to verify your identity and set up 2-factor authentication only if you haven’t done this already.


    To update your direct deposit information or the address on your paper checks, you can:


    Call us at 800-827-1000 (TTY: 711), or

    Call us at 918-781-7550 (for international direct deposit updates), or

    Go to your nearest VA regional office and change this information in person

    Note: If you don’t have access to the internet or a phone, you can update your direct deposit information with the Direct Deposit Sign-Up Form (VA Form SF-1199a).


    Get VA Form SF-1199a to download

  • Financial Assistance (New York)

    Get Free Financial Counseling

    NYC Financial Empowerment Centers provide FREE one-on-one professional financial counseling and coaching to support you in reaching your goals. Work with our counselors to:

    • Create a budget.
    • Establish or improve credit.
    • Set up a spending plan.
    • Open a safe and affordable bank account.
    • Contact lenders about debt, including student loans. Learn more about student loans at nyc.gov/StudentLoans
    • Develop a strategy to reduce debt or lower payments.
    • Access emergency government resources.
    • Separate personal and business finances.
    • And much more!

    Department of Taxation and Finance

    Depending on your income and other criteria, you may be eligible to use Free File software to e-file your federal and state income tax returns—at no cost. For more information, see Free File your income tax return. To avoid fees, carefully review eligibility criteria for each software provider and access the Free File software directly from our website.

    • Online services
    • Individuals
    • Businesses
    • Tax professionals
    • Real property
    • Forms and guidance
    • Tax data
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