The program makes it easy to make a difference in the lives of veterans and their families.

• Participating banks and credit unions offer Veterans Family Fund™ CDs. Interest rates may vary. Each participating financial institution determines the rate it offers.
• The standard term is for six months (your financial institution may choose a shorter term).
• You sign an agreement at the time the CD is purchased, directing the financial institution to forward one-half of the interest earned, at maturity, to veterans and their families in need.
• The interest rate paid is fixed for the six-month term of the CD.
• The bank or credit union forwards to the Veterans Family Fund one-half of the earned interest along with your name and address. Your tax identification information is collected for accounting and tax purposes only, will remain private, and will not be sold or shared with any third party.
• The Veterans Family Fund, through the Washington State Department of Veterans Affairs Veterans Innovation Program, a tax-exempt governmental unit, issues a receipt for the tax-deductible contribution equal to the one-half of the interest contributed on your behalf.
• At the end of the year, the financial institution will send you and the IRS a statement for the full amount of the interest earned, as with any other CD.
• Amounts less than $100 may be donated at any participating financial institution and will be forwarded to the Veterans Family Fund as a cash contribution. You’ll receive a receipt for your charitable contribution.