About AMBA

The Association of Military Banks of America (AMBA) was founded in 1959. 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 Brochure - click image to open

Our Mission

The Association of Military Banks (AMBA) is the only trade association representing banking institutions specializing in providing banking services for military personnel and their families around the world. AMBA has a long history of partnering with the Department of Defense for the benefit of military members and their dependents. AMBA’s membership includes large and small national and state chartered banks, most operating on military installations and all insured by the Federal Deposit Insurance Corporation (FDIC). AMBA represents the interests of banking institutions serving the military. AMBA serves as a liaison with DoD, Defense Finance and Accounting Service (DFAS), Military Services, Treasury, FDIC, Office of the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB), and its Office of Servicemember Affairs (OSA).

Our mission is to continue the close working relationship with the nation’s major banking trade associations, including the American Bankers Association and the Independent Community Bankers of America, and the federal banking regulators.

AMBA works closely with the Defense Finance and Accounting Service (DFAS) which administers the overseas worldwide military banking program through a contract with Bank of America, one of AMBA’s member banks. AMBA helps the commercial banking industry maintain regulatory compliance with the Department of Defense.

AMBA sustains partnerships and relationships with many government and non-profit organizations that support military families, including the Consumer Financial Protection Bureau – Office of Servicemember Affairs, Department of Justice, Federal Deposit Insurance Corporation, Federal Trade Commission, National Military Family Association, Military Spouse Employment Partnership, Military Officer’s Association of America, the Consumer Federation of America's Military Saves Campaign, BBB Military Line, and the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation.

Benefits of an On-Base Bank

    • Passion:  Military banks are full-service financial institutions with experience in and a passion for serving the unique needs of military personnel and their families.
    • Full service: Military banks do not limit their services to their customers; they provide services to customers and non-customers in the military communities they serve.
    • Partnership:  On-base banks partner with the commands and the military communities they serve by providing financial services and sponsoring community activities and programs.
    • Financial education:  Military banks are committed in their operating agreements to provide financial education to all base personnel and family members.  This benefit is particularly important as Congress redefines military compensation and retirement benefits.
    • Responsible lending:  On-base banks engage in responsible lending by helping qualified service members and their families bridge occasional gaps between paychecks.  As alternatives to predatory lending often available outside the installation’s main gate, military banks offer loans at reasonable prices and employ lending practices designed to improve borrower credit.
    • Choice:  All on-base banks provide military members, civilian employees, and their families a choice of financial service providers without requiring them to leave the base.  This choice results in a healthy competition through increased availability of products and services, improved delivery methods, and more favorable prices for members of the military community.
    • Command support:  Most military banks are participants in the Treasury General Account program, through which they provide financial services to federal entities on the installation.  These banks also store cash, thereby eliminating the need for on-base entities to transport their funds off-base.
    • Convenience:  Some military banks are located inside Military Exchanges and offer financial services during Exchange operating hours. Most on-base banks manage ATM machines that provide access to cash 24 hours a day, 7 days a week.
    • Support to the mission: Commercial, nonprofit, and other on-base accounts can be maintained at military banks.  Alternatives such as personnel traveling off-base to perform these financial tasks potentially adversely impact their unit’s mission.
  • Expeditionary:  Military banks serve where our military serves.  Whether through on-base banks in the United States or abroad or through electronic bank networks like the Armed Forces Financial Network (AFFN), military banks provide military members access to their money wherever they are assigned or deployed.

Armed Forces Financial Network (AFFN) and
the Association of Military Banks of America (AMBA)

AFFN is an Electronic Funds Transfer (EFT) Network founded in 1985, co-owned by and on behalf of DCUC and AMBA, serving over 357 defense credit unions and military banks, 93 million cardholders, at over 800,000 ATMs and over 2.3 million merchant/retail locations globally.                           

To learn more about AFFN, please visit www.AFFN.org

AFFN Military Community Support Program

The Armed Forces Financial Network (AFFN), in partnership with the Association of Military Banks of America (AMBA) and the Defense Credit Union Council (DCUC), has proudly supported the Fisher House Foundation and the individual Fisher Houses in Germany and the United States for nearly two decades. 

The AFFN Military Community Support Program has generously given back to the Troops and their families over $3,905,400.00 in direct support.  The AFFN Matching Grant Program is in the 17th year of giving at the local military installation and community level by AFFN, AMBA Banks, and DCUC Credit Unions.

Since 2004, AFFN in partnership with AMBA Banks and DCUC Credit Unions have awarded over 772 grants to support our military and civilian communities on a local level and on a global scale, directly benefiting military service members and their families worldwide. 

The other component of the AFFN Military Community Support Program is the AFFN corporate contribution, made on behalf of all AFFN Participating AMBA Banks and DCUC Credit Unions.  For the past 17 years, the AFFN Board of Directors has unanimously approved the corporate contribution in direct support of military families staying at Fisher Houses in Germany and throughout the United States. 

Since 2005, 20,192 military families staying at Fisher Houses worldwide have received over $ 1,009,600.00 in DeCA Certifichecks (2005, 2006) and AFFN Thank You Cards (2007-2020) from the AFFN Military Community Support Program.  Every dollar distributed has proudly assisted military service members, Veterans, and/or Military Family Members for care, comfort, and food while staying at a Fisher House. 

Once again this year, AFFN in partnership with the Fisher House Foundation will support each Military Family Members attending the DoD “Warrior Games”.   AFFN will donate $50.00 AFFN Thank You Cards for every Hero/Warrior who is traveling to compete; to assist with defraying travel related costs. 

AMBA Staff

Steven J. Lepper

Steven J. Lepper

President and CEO
Andia Dinesen

Andia Dinesen

EVP Communications and Operations
Christiane Jacobs

Christiane Jacobs

Managing Director - Administration & Membership

Board of Directors

John M. Bird

John M. Bird Chairman

Senior Vice President, USAA Military Affairs

W. H. Bill Croak

W. H. Bill Croak Chairman Elect

President & CEO, FNB Community Bank

Michael S. League

Michael S. League Vice Chairman

Chairman, President & CEO, 5Star Bank

James A. Cerrone

James A. Cerrone Immediate Past Chairman

Vice President, Retail Operations, Fort Sill National Bank

Fred A. Alvarado

Fred A. Alvarado Director

Vice President and Wealth Advisor, Bank of Hawaii

John Baeuchle

John Baeuchle Director

Executive Vice President, Director of Military Banking, Armed Forces Bank N.A

Steve Beres

Steve Beres Director

Vice President, Service Members and Veteran Outreach Manager

James M. Carlile

James M. Carlile Director

Investment Officer, Investment Banking, UMB Bank

Jeffrey M. Cathey

Jeffrey M. Cathey Director

Senior Military Affairs Executive, Bank of America

Todd Fox

Todd Fox Director

President, Fort Hood National Bank

Sean Passmore

Sean Passmore Director

Vice President, Head of Enterprise Military and Veteran Initiatives, Wells Fargo

Geoffrey P. Hickman

Geoffrey P. Hickman Director

Managing Director, Senior Banker North American Public Sector Group Banking, Captial Markets and Advisory, Citi

Larry T. Wilson

Larry T. Wilson Director

Chairman, President & CEO, First Arkansas Bank & Trust