As Flag Day approaches, we hope you’ll join us in flying your red, white and blue proudly. June 14 commemorates the adoption of the United States flag by the Second Continental Congress in 1777. Here are some other interesting facts related to Flag Day:
- “Old Glory” was a nickname bestowed upon an American flag given to William Driver, an American sea captain, in the early 1830s. The original “Old Glory”—is now a part of the Smithsonian Institution’s Civil War collection.
- The United States Army also celebrates its birthday on June 14, when Congress formed “the American continental army” to meet the demands of the American Revolutionary War in 1775.
Today – and everyday – at Allegacy, we celebrate those who have dedicated their lives to making our flag a symbol of freedom and justice by providing smarter ways for members of the uniformed services to realize the American dream of homeownership.
Available on purchases and refinances, the Veterans Administration (VA) Loan provides up to 100% financing to Veterans of the United States (active duty and retired), their spouses and to those who are serving or who have served in the National Guard. This affordable mortgage option is available in amounts up to $417,000 and offers flexible repayment terms. Plus, you won’t need to buy private mortgage insurance, there is no penalty for early payment, closing costs are limited and the VA may be able to provide assistance if you run into difficulty making payments.
To learn more about VA loans or to apply for a VA loan today, stop by any Financial Center, visit AllegacyFCU.org or call 336.774.3400.