• MILITARY BANKS SUPPORT THE MILITARY COMMUNITY
    MILITARY BANKS SUPPORT THE MILITARY COMMUNITY

    Founded in 1959, the Association of Military Banks of America (AMBA) is a not for profit association of banks operating on military installations.

  • AMBA FALL WORKSHOP 2014
    AMBA FALL WORKSHOP 2014

    The AMBA Annual Fall Workshop is 17-20 August.  Registration is now open!  Early bird registration ends on June 20.

     

  • 2013 AMBA ANNUAL PARTNERSHIP SUPPORT
    2013 AMBA ANNUAL PARTNERSHIP SUPPORT

    Each year the Association of Military Banks of America provides partnership support to several military support organizations.

Who is the Association of Military Banks of America?

Founded in 1959, the Association of Military Banks of America (AMBA) is a not for profit association of banks operating on military installations, banks not located on military installations but serving military customers, and military banking facilities designated by the U. S. Treasury. The association's membership includes both community banks and large multinational financial institutions, all of which are insured by the Federal Deposit Insurance Corporation.

AMBA Member Institutions:

  • DoD approved, federally insured banking institutions or branches of such institutions located in a military establishment or on a military installation.
  • Banking institutions or branches thereof serving military personnel but not located on a military establishment.
  • Commercial corporations involved in the financial industry and providing bank-related materials and services.

Recent Blogs

  • 04 August, 2014 Tips for Protecting Your Military Family Online

    Association of Military Banks of America (AMBA) was a proud sponsor of the National Military Family Assocaition's Event: Cyber Crisis: Protecting Your Family in a War Waged By Hackers.  

    The blog below was posted on July 31, 2014 by National Military Family Association: Protecting Your Military Family Online: It's YOUR Duty

    How many times have you heard the phrase, “Loose lips sink ships?”

    What about “The enemy is listening?”

    If you’re a military family, you’ve heard them before. And you’ve probably seen the posters around your installation reminding you to practice good Operational Security (OPSEC). As much as we sometimes tire of hearing the reminders, our military would fail to thrive without it.

  • 16 July, 2014 Military Consumer Protection Day is Today!

    Military Consumer Protection Day is here!  Check out the website, get involved, share it will your friends and family and see what may be going on in your area.

    Use this opportunity to find out how to protect your finances and yourself with the tools and resources that Military Consumer Protection Day offers.

  • 11 July, 2014 Pillars of Personal Financial Success – Using Morale, Welfare and Recreation (MWR) to Save Money

    part 7 of an 8-part series

    Morale, Welfare and Recreation (MWR) services are available at every military installation.  You might be surprised that even at a small installation, there can be a very robust MWR program.  In fact, I bet you don’t even know half of the activities, supplies, tools, resources, and benefits that your MWR program has to offer.  Did you know that your trip to the Commissary, Exchange, and other facilities on your installation will help fund these programs?

  • 24 June, 2014 Pillars of Personal Financial Success – Why You Should Know More about Low Interest Loans and How They Can Save You Money

    part 6 of an 8-part series

    Utilizing only low interest loans sounds like a no-brainer, but for some servicemembers low interest loans are not always accessible.  If you are entering service with little or no credit history, acquiring a loan (especially a low interest loan) can be challenging.  Without any credit history, you will most likely not be able to get a loan and even if you are able to, the rates will probably be high.  One of the first places to start is your military bank located on your installation; they can help you establish a credit history.  Most likely, this will begin with a secured credit card.  You can find more information about building credit in one of our last blog posts.  To discuss low interest loans, we have to first explain a few different types of loans/credit.

  • 13 June, 2014 Pillars of Personal Financial Success – Enrolling in the Servicemembers Group Life Insurance (SGLI)

    part 5 of an 8-part series

    It never fails, as a financial counselor I have heard stories about servicemembers declining their coverage for the Servicemembers Group Life Insurance (SGLI) and their spouses not realizing the servicemember had opted out of life insurance coverage.  SGLI does require a spouse to be notified of changes, such as declining coverage, but it can still happen and it can be devastating.  Of course, no one wants to discuss life insurance.  It can be uncomfortable and sad but nevertheless, it needs to be addressed.  The SGLI is a great benefit for servicemembers and their dependents.