• 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 SPRING & FALL WORKSHOPS 2014
    AMBA SPRING & FALL WORKSHOPS 2014

    AMBA Spring Workshop is 9 May 2014 and the Annual Fall Workshop is 17-20 August.

     

  • 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

  • 15 April, 2014 Traditional Banking May be Changing, However, Study Shows Traditional Branches are Not Going Away

    However, the study indicates that traditional bank branches will continue to evolve.  In a recent study released by Bankrate.com, 50% of overall respondents visited their bank branch in the last 30 days.  When compared by age, those between the ages of 18 and 29, only 18% visited their bank within the last week.  Those ages 30 - 49 were much more likely to visit their branch at 29% in the last week.

  • 11 April, 2014 New Research Points to Promising Hands-on Financial Education Strategy

    This was originally published on the Treasury Department blog.
     
    At Treasury, our efforts in recent years to promote greater levels of financial capability have focused on young Americans—and for good reason. Starting financial education at an early age can prepare young people to make informed financial decisions as they enter adulthood, and for the rest of their lives. That, in turn, has positive consequences for the broader U.S. economy. As Treasury Secretary Jacob J. Lew said last month, “helping young Americans build a sound financial foundation is not only important for their futures, it can also strengthen our economy for generations to come.”

  • 07 April, 2014 Combining Financial Action and Education to Help You Reach Your Goals

    During Military Saves Week, over 500 installations, organizations and financial institutions  around the country encouraged servicemembers and their families to take control of their financial futures by taking financial action.  Military Saves Week may be over but your journey to becoming a successful saver is just beginning.  Military Saves and Money Smart Week are teaming up to help you achieve your saving goals.  

  • 13 March, 2014 Department of the Navy Request for 2013 Bank of the Year Award Nominations

    Please note the Department of the Navy request for nominations and the criteria for recognizing the on-base bank(s) that provided exceptional service to Navy and Marine Corps military and civilian personnel in 2013.  These are extremely coveted awards and are based on recommendations submitted by the Military Installation (MI) Commander.  The request for nominations and nomination form are found at the links below. 

  • 13 March, 2014 Credit Scores and Credit Reports – Why Does it Matter? Why Do You Need to Know More About Your Credit?

    BLUF (bottom line, up front): 

    The definitions of credit score and credit report are important.  A credit score is a numerical representation of an individual’s credit worthiness.  Your credit score can be different depending on how it is calculated and by whom, but one of the most popular scores is a FICO score.  Your credit report is a report of all your credit history, payment history, loans, credit cards, and other financial and personal information.  All Americans who have a credit report (most who are over the age of 18 will have one) can receive their credit report for free once a year from each of the three reporting agencies, Experian, TransUnion and Equifax through www.annualcreditreport.com