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 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
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’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. 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’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).
