Fort McCoy News September 13, 2013

Exchange pays dividends for Fort McCoy programs

FORT MCCOY, Wis. (Army & Air Force Exchange Service) — The Fort McCoy Exchange is paying dividends in more ways than one.

Soldiers and their Families exercising their benefit by dining and shopping at Exchange facilities last year generated a local dividend of $134,533.

These funds are critical to Army Installation Management Command G-9's ability to enhance local programs and facilities including the Rumpel Fitness Center, McCoy's Community Club, and the Recreation Center.

Photo for Exchange article
A Soldier makes a purchase in the Military Clothing section of the Fort McCoy Exchange. The profits of the Exchange help support many Morale, Welfare and Recreation activities at Fort McCoy. Photo by Rob Schuette

"Historically, roughly two-thirds of Exchange earnings are paid to Morale, Welfare and Recreation programs with the other third used to build new stores or renovate existing facilities," said Fort McCoy Exchange General Manager Steve Ard. "This structure means that authorized customers essentially are our 'investors.' Fortunately, thrifty shoppers rediscovering the value the Exchange offers allowed us to provide a healthy return on their investment."

With a mission to provide quality goods and services at competitively low prices and generate earnings to support quality-of-life efforts, the dual benefit the Exchange provides military Families goes far beyond the clothes, electronics and snacks on shelves.

Shoppers who visit the Exchange, either online at www.shopmyexchange.com or in person here at Fort McCoy, building 1538, or at other installations help make the military community a better place to live and work.

In fact, purchases made in the past 10 years have provided more than $2.4 billion throughout the installations and organizations served by the Army & Air Force Exchange Service to military programs such as Youth Services, post functions, gyms and aquatic centers.

The Army & Air Force Exchange Service is a joint non-appropriated fund instrumentality of the Department of Defense and is directed by a Board of Directors which is responsible to the Secretaries of the Army and the Air Force through the Service Chiefs of Staff.  

The Exchange has the dual mission of providing authorized patrons with quality merchandise and services at competitively low prices and generating non-appropriated fund earnings as a supplemental source of funding for military Morale, Welfare and Recreation programs.

To find out more about the Exchange history and mission or to view recent press releases visit the website at www.shopmyexchange.com.

For more information about the Exchange in the Fort McCoy community, call 608-269-5585.