By Omuso George
The nomination window for the 2025 Department of the Army Bank of the Year Award is now officially open. These prestigious awards recognize on-post financial institutions that have demonstrated exceptional commitment to strengthening the financial readiness and resilience of Soldiers, Civilians, and their Families over the past year. Garrison Commanders and Liaison Officers are encouraged … 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
By Omuso George
Washington, D.C. — On January 12, 2026, the Association of Military Banks of America (AMBA) and the Defense Credit Union Council (DCUC) submitted a joint letter to congressional leadership expressing strong opposition to the proposed Credit Card Competition Act (CCCA). In a rare alignment, banks and credit unions that serve military communities are united in warning that the legislation would … Continued
By Omuso George
Washington, D.C. — The Association of Military Banks of America (AMBA) today announced several significant staff transitions and the introduction of a strengthened organizational structure designed to advance its mission to promote strong and innovative military banking. These changes reflect AMBA’s ongoing commitment to expanding its advocacy, enhancing member value, and elevating its impact across … Continued
By Eddie Pasa
If you have been affected by the government shutdown, we strongly encourage you to reach out to your financial institution to explore potential assistance options. Begin by contacting the institution where your direct deposit is processed, and then extend your inquiries to any other financial relationships you may have. In numerous cases, financial institutions may … Continued
By Eddie Pasa
At the 2025 Military Banking Summit (MBS2025), the Departments of the Army, Navy, and Air Force proudly recognized banks whose service to military communities exemplifies partnership, innovation, and dedication. The 2024 Bank of the Year Awards highlight the critical role financial institutions play in supporting the financial readiness and resilience of service members and their … Continued
By Eddie Pasa
The 2025 Military Banking Summit (MBS2025) brought together leaders, innovators, and advocates from across banking, government, and the military community for three days of connection, collaboration, and forward-thinking dialogue at Cheyenne Mountain Resort in Colorado Springs. With a refreshed agenda that featured both general sessions and breakout discussions, the Summit tackled critical issues shaping the … Continued
By Eddie Pasa
The 633d Air Base Wing requests proposals to provide financial services on Joint Base Langley-Eustis. Attached are a letter from the Department of the Air Force HQ 633d Air Base Wing, Questionnaire for Proposed Branch Operations, and SAF/FMC Military Banking Program Guide. If you have any questions, please contact Ms. Leah Tisdale at (757) 764-2273, … Continued
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