By Omuso George
The Association of Military Banks of America (AMBA) joined a coalition of leading banking, credit union, fintech, and financial services organizations in supporting the bipartisan American Lending Fairness Act of 2026 (ALFA). In a joint letter to the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services, the coalition … Continued
By Omuso George
The Association of Military Banks of America (AMBA) joined more than 40 national trade associations and business organizations in urging the Senate Armed Services Committee to remove Section 815 from the Fiscal Year 2027 National Defense Authorization Act (NDAA). In a joint letter to Senate leadership, the coalition expressed concern that the provision would prohibit … Continued
By Emma Parsons
Congratulations to our AMBA member banks who were recently announced by the Military Service Departments as recipients of the Bank of the Year Award for the respective Service Departments for 2025. With multiple nominations received by military installation leaders, these member banks went above and beyond to support their military communities. The recipients will be … Continued
By Emma Parsons
Congratulations to AMBA’s 2026 Matching Grant Recipients AMBA is proud to recognize the 14 member institutions selected as recipients of the 2026 Matching Grant Program. This year, AMBA awarded a total of $21,000 in matching grant funds to support meaningful initiatives serving veterans, military families, first responders, and military-connected communities nationwide. The 2026 recipients represent … Continued
By Emma Parsons
Bank of the Rockies Supports Veterans During Military Appreciation Month In recognition of Military Appreciation Month, Bank of the Rockies employees and communities came together to support veterans through a company-wide donation drive benefiting the Fort Harrison VA Hospital in Helena, Montana. All branch locations participated, collecting essential items identified as high-priority needs by the … Continued
By Omuso George
The Association of Military Banks of America (AMBA) submitted a comment letter on behalf of AMBA member banks supporting the Office of the Comptroller of the Currency’s (OCC’s) interim final rule preempting Illinois’ Interchange Fee Prohibition Act (IFPA), arguing the law threatens the stability and uniformity of the national banking system. AMBA and other trade … Continued
By Omuso George
On April 28th, AMBA signed a joint letter with seven other associations, requesting the Department of Veterans Affairs (VA) to implement reforms outlined in President Trump’s March 13, 2026, Executive Order, “Promoting Access to Mortgage Credit,” with the goal of improving the availability and affordability of mortgage financing for veterans. The organizations specifically urge the … Continued
By Emma Parsons
AMBA joined a coalition of major banking, credit union, and payments industry associations in a joint letter to Congress on January 22, 2026, urging lawmakers to oppose the proposed Credit Card Competition Act (the Durbin–Marshall bill) and any expansion of the Durbin amendment. The letter reiterates that increased federal intervention in the credit card market … Continued
By Omuso George
The Association of Military Banks of America (AMBA) supports strong, effective consumer protections for service members and their families. However, a proposed policy to impose a 10% cap on credit card interest rates would have unintended and harmful consequences for military consumers, particularly junior enlisted personnel and those with limited credit histories. While the proposal … Continued
By Omuso George
The Association of Military Banks of America (AMBA) has joined a broad coalition of national banking and credit union trade associations in a joint CEO letter urging the U.S. Senate to close a critical legal loophole that could significantly reduce local lending across the country. The letter, signed by the chief executives of organizations representing … Continued
All the latest updates and industry news, straight to your inbox.
