Armed Forces Financial Network Overview and Benefits

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The Armed Forces Financial Network (AFFN) is a great resource for military families, offering a range of financial benefits and services.

The AFFN is a network of financial institutions that provide special benefits to military members and their families. It's a great way to save money and earn rewards.

With AFFN, you can earn interest on your savings, get low interest rates on loans, and even earn cash back on your purchases. You can also take advantage of special discounts and promotions.

The AFFN is a convenient way to manage your finances, with online banking and mobile banking available 24/7.

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About AFFN

The Armed Forces Financial Network (AFFN) is a vital service for the military community, providing access to funds through a vast network of ATMs and point-of-sale terminals.

AFFN was founded in 1985 and is owned by the Defense Credit Union Council and the Association of Military Banks of America.

The network connects over 346 banks and credit unions, giving military personnel and their families access to over 800,000 ATMs and 2.3 million point-of-sale locations worldwide.

For more insights, see: Money Center Bank

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John M. Broda serves as the president and chief executive officer of AFFN.

AFFN's ATM and point-of-sale network is located at or near United States military bases, ensuring that military personnel and their families have easy access to their funds.

Here's a breakdown of AFFN's reach:

  • Operating area: United States and international
  • ATMs: ±800,000
  • Founded: 1985
  • Owner: Defense Credit Union Council and Association of Military Banks of America
  • Website: www.affn.org

Support and Donations

The AFFN Military Community Support Program has been a game-changer for military families, providing over $3,900,000 in direct support over the years.

The program has a strong track record of giving back to the troops and their families, with a Matching Grant Program that's been running for 17 years.

Since 2004, AFFN has awarded over 772 grants to support military and civilian communities on a local and global scale.

The AFFN corporate contribution has been a significant boost to the program, with the AFFN Board of Directors unanimously approving it for 17 years.

Over 20,000 military families have received DeCA Certifichecks and AFFN Thank You Cards worth over $1,009,600.00 since 2005.

This support has helped military families with care, comfort, and food while staying at a Fisher House.

AFFN will also be supporting military families attending the DoD "Warrior Games" this year, donating $50.00 AFFN Thank You Cards to help with travel-related costs.

News and Updates

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The Armed Forces Financial Network is a valuable resource for military personnel and their families. It offers a range of benefits, including access to financial counseling and education, as well as assistance with debt management and financial planning.

Military members can take advantage of the network's financial counseling services, which are provided by certified financial planners. These planners can help with everything from creating a budget to planning for retirement.

The network also offers a range of educational resources, including webinars and workshops, to help military personnel learn about personal finance and investing. These resources are designed to be accessible and easy to understand, making it easier for military members to take control of their finances.

By using the Armed Forces Financial Network, military personnel can gain the knowledge and skills they need to make informed financial decisions.

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Frequently Asked Questions

Who owns the affn debit network?

The AFFN debit network is co-owned by the Association of Military Banks of America (AMBA) and the Defense Credit Union Council (DCUC). Learn more about how this partnership brings value to the network.

Anne Wiegand

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Anne Wiegand is a seasoned writer with a passion for sharing insightful commentary on the world of finance. With a keen eye for detail and a knack for breaking down complex topics, Anne has established herself as a trusted voice in the industry. Her articles on "Gold Chart" and "Mining Stocks" have been well-received by readers and industry professionals alike, offering a unique perspective on market trends and investment opportunities.

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