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175th Financial Management Center
175th Finance Command
"Serve and Defend"

In November 2005, the 175th Finance Command was redesignated as the 175th Finacial Management Center, as part of the transformation of the Eighth US Army to the US Army's new modular force structure combined with the drawdown in US forces in Korea. The 175th Financial Management Center at the Yongsan Garrison was a combat ready unit providing world class finance and accounting support in the Republic of Korea. The Center provided key finance services to military personnel, civilians dependants, and civilians working with the Eighth US Army. The 176th Finance Battalion was also assigned to the Center. This unit was reorganized and redesiganted as the 176th Finance Company in 2007.

Prior to the reorganization, the 175th Finance Command (175th FINCOM) provided appropriated and nonappropriated fund accounting services and finance support to soldiers, civilian employees and family members in theater, directed the overseas banking program, and provides staff finance and accounting policy advice and operational guidance. The Centralized Pay and Accounting Division provides accounting, vendor pay, foreign national pay, and civilian pay customer services.

The unit's shoulder sleeve insignia was originally approved for the 175th Finance Center on 21 November 1986. It was redesignated for the 175th Finance Command on 27 Dec 1993 with the description and symbolism revised. It consisted of a yellow disc with a golden yellow border, a red and blue taeguk superimposed by a silver gray sword throughout. Silver gray and golden yellow are colors traditionally associated with the Finance Corps. The taeguk suggested the unit's home area. Th e sword was indicative of support to the soldier. The golden yellow disc alluded to the bezant, a heraldic symbol for money, and refers to the unit's mission.

The distinctive unit insignia was originally authorized for the 175th Finance Center on 22 October 1986. It was redesignated for the 175th Finance Command on 27 December 1993 with the description and symbolism revised. It consisted of a demi-eagle wings displayed, on a gold circular field charged with a gold disc bearing a red and blue Korean taeguk superimposed by a gray sword palewise point up issuing from base between a red motto scroll folded and reserved gold arcing to base from between the eagle's wings and inscribed "SERVE AND DEFEND" in gold letters. Silver gray and golden yellow are colors traditionally associated with the Finance Corps. The eagle, the National symbol, has frequently been displayed on United States currency. The bezant (gold disc) is a heraldic symbol for money and both allude to the mission of the organization. The taeguk referred to the unit's location. The sword suggested support to the soldier and resembled the numeral one signifying the fact that the 175th was the Army's first Pacific Theater Army Finance organization. The red motto scroll signified the zeal of the unit in pursuit of its mission goal.

The 175th Financial Management Center was first constituted on 22 September 1944 in the Army of the United States as the 175th Finance Disbursing Section and activated on 1 November 1944 in New Guinea. It was inactivated on 12 February 1946 in the Philippine Islands.

The unit was redesignated on 1 July 1966 as the 175th Finance Section and allotted to the Regular Army. It was activated on 25 July 1966 at Fort Hood, Texas and inactivated on 24 November 1971 at Fort Hood, Texas.

It was activated on 17 October 1986 as the 175th Finance Theatre Command, Yongsan, Republic of Korea. It was redesignated 16 November 1995 as the 175th Finance Command and again on 16 November 2005 as the 175th Financial Management Center.




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Page last modified: 05-07-2011 01:21:32 ZULU