AMBA Membership

The Association of Military Banks of America (AMBA) has led the nation’s banking industry in working with the Department of Defense to implement the Military Lending Act’s major payday lending legislation which provides protections for services members and their families from potentially abusive lending practices and products, while preserving the availability of credit products and services that are beneficial and are the hallmark of military banks.

AMBA annually conducts two formal education programs, one in the spring and the other in the fall.  The Fall Workshop is the major event for AMBA members, federal banking regulators, Department of Defense officials overseeing military banking, banking trade associations, nonprofit organizations, and other invited guests involved in military banking.  The Fall Workshop provides an opportunity to exchange ideas and discuss the latest banking issues, and enables AMBA member banks to better support our nation’s armed forces and their families.  In addition to receiving briefings from key Department of Defense and Defense Finance and Accounting Service officials, Military Department Bank Liaison Officers, and federal banking regulators (Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency), workshop attendees can expect to receive updates from the American Bankers Association, the Independent Community Bankers of America, the Armed Forces Financial Network, and non-governmental organizations supporting the military.

AMBA promotes financial education for military members and their families and plays a role as a partner in the Department of Defense’s Financial Readiness Campaign and Military Saves Campaigns.

AMBA provides a forum for the Banking Liaison Officers’ (BLO) Training Session at its annual Fall Workshop.  The BLO training is conducted by Defense Finance and Accounting Service staff and the Military Department BLOs.  Installation BLOs throughout the Department of Defense are encouraged to attend the AMBA Fall Workshop and participate in the BLO training.  Authorization is found in the Department of Defense Financial Management Regulation, Volume 12, Chapter 33, Paragraphs, 340305.O. and 340307.G.  At its Fall Workshop, AMBA host s the Bank of the Year Award Luncheon at which the Military Departments present their annual award to the outstanding military bank of the preceding year.

AMBA continues to the lead the banking industry in providing the best financial services possible for military members and their families worldwide.  For more information about the annual Fall Workshop, click here.

Highlights of the many benefits the Association of Military Banks of America brought to military banks in recent years:

  • AMBA continued an active and mutually beneficial relationship with other key associations (e.g., the American Bankers Association, the Independent Community Bankers of America, and the Defense Credit Union Council) to assure their assistance when working issues of mutual interest.
  • AMBA worked directly with the military departments to solve a number of issues and to assure our members were the first to learn of installations seeking to open banks on military installations.
  • AMBA continued to be proactive in its oversight of the Armed Forces Financial Network (AFFN®), the ATM/POS network it co-founded with the Defense Credit Union Council. The network processes over 13 million transactions each month!
  • AMBA’s annual workshop, Military Banking, One Mission: Financial Readiness, again gave bankers the opportunity to meet personally with the government decision makers overseeing military banking and provided the military departments with an appropriate forum to recognize their military “Bank of the Year” and “Military Saves Week” award winners.
  • AMBA maintains an active liaison with DoD, the U.S. Treasury, the Office of the Comptroller of the Currency, The Consumer Financial Protection Bureau – Office of Servicemember Affairs, the FDIC and other government organizations to assure the voice of the military banker is heard.
  • AMBA established relationships with a select group of commercial firms providing products and services to enhance bank operations and improve customer service.

The association continues to be proactive and a staunch advocate for the Military Banker.