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


    2014 AMBA Annual Fall Workshop (17-20 August) was a huge success - thank you to all presenters, sponsors, and attendees! For more information about this event, click here.



    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

  • 18 September, 2014 AMBA Elects Officers and Directors at its Annual Meeting in Washington D.C.

    Andrew M. Egeland, Jr., President and CEO of the Association of Military Banks of America (AMBA), announced the election of new officers and directors of the association.  The incoming Chairman is Terry Tuggle, President and Chief Executive Officer, Fort Hood National Bank, Fort Hood, Texas; Chairman Elect is James A. Cerrone, Vice President, Fort Sill National Bank, Fort Sill, Oklahoma; Vice Chairman is Raleigh A. (Andy) Trovillion, Senior Vice President, Investment Banking, UMB Bank, St. Louis, Missouri and Immediate Past Chairman is Vince E. Barfield, Senior Executive Vice President, Investment Services Group, Bank of Hawaii, Honolulu, Hawaii.

  • 11 September, 2014 3 Tips to Make the Most (and avoid the pitfalls) of Credit Card Special Promotions


    Taking advantage of credit card special promotions offered by credit card issuers, such as introductory rates and balance transfers, can be tempting.  Balance transfers that offer a special 0% APR rate can be helpful and a good way to pay off debt, but you will be charged a fee.  Also, introductory rates will end and if you carry a balance these can be costly.  Here are a few tips from FDIC.gov to help you navigate and take advantage of credit card special promotions.

  • 09 September, 2014 Banks Volunteer to Proactively Seek out Eligible Servicemembers to Provide Protections That Will Save Them Money

    A new, proactive approach to ensuring that servicemembers and their families receive their entitled consumer protections is being spearheaded by three AMBA member banks, Bank of America, Wells Fargo and Citigroup.  In late August, President Obama announced an initiative designed to make it easier for military members to lower their mortgage payments. 

  • 28 August, 2014 The Military Departments Recognize 5 Military Banks for their Exceptional Service and Commitment to their Communities

    The Military Departments in the Department of Defense have a close working relationship with their on-installation military banks.  Each year the Military Departments recognize the banks that have gone above and beyond in providing financial products, services, and education to their customers and the local command.  For the first time, the Department of the Air Force and the Department of the Navy recognized two outstanding banks, with categories divided by institution asset size (those under $1 billion and those $1 billion or larger).  

  • 27 August, 2014 Military Banks Recognized for their Participation in Military Saves Week 2014

    Providing exceptional financial products and services to military families is something military banks do every day of the year.  Nevertheless, during Military Saves Week each February when the entire military community comes together to support the Military Saves Campaign, the military banks kick it in gear.  The military banks have been a part of the campaign, which encourages servicemembers and their families to save money, since its inception in 2007.  Starting in 2013, the Consumer Federation of America, the national nonprofit that operates the Military Saves Campaign, has recognized two banks (one small and one large) each year for their exceptional participation in the Military Saves Week’s activities that encourage personal saving.