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Insurance coverage similar to SGLI is replicated by a few other private organizations. These include the Military Benefit Association (MBA), the United Services Automobile Association (), the Army and Air Force Mutual Aid Association (AAFMAA), the Uniformed Services Benefit Association (USBA), the Armed Services Mutual Benefit Association (ASMBA), and the Navy Mutual Aid Association (NMAA).
The Armed Forces & Police Mutual Benefit Association, Inc (AFPMBAI) started in 1949 as the Armed Forces of the Philippines Mutual Benefit System (AFPMBS) created by the AFP during the height of the anti-dissident campaign in Central Luzon. It was incorporated on September 1, 1965, and registered with the SEC as a non-stock corporation with the ...
American Armed Forces Mutual Aid Association (AAFMAA) is a Virginia-based not-for-profit, tax-exempt, member-owned association that provides diversified financial services, including life insurance, investing and trust services, mortgage services, and survivor services to the U.S. Armed Forces communities. [1]
FT. MYER, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) -- The American Armed Forces Mutual Aid Association (AAFMAA), the nation’s longest-standing nonprofit financial solutions provider for the military community, today announced that it has implemented the Sapiens ApplicationPro, IllustrationPro, UnderwritingPro and DataSuite, to simplify its life insurance application, enrollment and underwriting ...
The Armed Forces Financial Network (AFFN) is an interbank network. It provides electronic financial transactions services to the military banking and defense credit union sector. [ 1 ] It connects approximately 346 banks and credit unions with over 800,000 ATMs and 2.3 million point-of-sale locations that are often in or near military bases ...
Initial investigations have not shown any data was taken, but affected personnel will be alerted and provided with support.
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High-yield savings account. Variable rates of up to 5% APY. APYs surpass those of most money market accounts and are competitive with CDs. High-yield checking account. Variable rates that vary by bank