1. Association of Military Banks of America (AMBA) Fall Workshop
CPT Christopher J. Anderson
Department of the Army Banking Officer
United States Army Financial Management Command (USAFMCOM)
30 August 2016
Unclassified

2. Agenda Banking Program Overview Partners Current Issues
Initiatives/Updates
E-Commerce Impact
POC Information
Questions

3. Army Banking Program Responsibilities
Advises ASA(FM&C) and USAFMCOM Commanding General on banking policy
Works closely with federal agencies and trade associations
Liaison for Training with Industry (TWI) financial institution and student
Trains, facilitates, and resolves banking issues
CONUS on-post financial institutions
87 installations with 60 credit unions and 16 banks
One bank and one credit union per installation
Overseas Military Banking Program (OMBP)
66 (34 Army) branches, 295 (145 Army) ATMs in 10 foreign locations
DFAS lead, in coordination with the military services, for overseeing contract and
operations
Support/assist deployed TFMSC/FMSUs on banking issues/LDAs
Develops/conducts banking training
Assists with opening LDAs
Foreign banks/ATMs on U.S. bases

4. Government and Private Industry Partners
Association of Military Banks of America (AMBA)
Defense Credit Union Council (DCUC)
Armed Forces Financial Network (AFFN)
Armed Forces Bank (AFB)
U.S. Department of the Treasury
Federal Reserve Bank of Boston
Federal Reserve Bank of Cleveland
Federal Reserve Bank of New York
Federal Reserve Bank of Kansas City
Citi Bank
JP Morgan Chase
Defense Finance and Accounting Services (DFAS)
Military Postal Service Agency (MPSA)
Army and Air Force Exchange Service (AAFES)

5. Current Issues Installation Status Report (ISR)
Installation-level inspection (conducted annually)
BLOs are aware & trained
10 inspectable areas:
1. Qualified BLO
2. Appointment orders
3. Mandatory training
4. Contact information
5. Regulatory/policy guidance
6. Document repository
7. Current Operating Agreement (OA)
8. Valid OA
9. One bank/one credit union
10. Financial education
Obtain inspection worksheets from your BLO

6. Current Issues (cont.) Sponsorship and Advertising
DASA(FO) memorandum dated March 2014 still applicable
On/off-post advertising
On-post banks should participate at newcomer briefings
and should not be solicited for sponsorship dollars
Operating Agreement (OA) Compliance
Many banks not updating OAs every 5 years
Review annually (minimum)
Change when required:
- New Garrison Commander
- New bank management
- Addition/removal of ATMs or branches
- Changes to fee structure
- Changes to Treasury General Account (TGA)
- Changes to lease agreement

7. Initiatives/Updates Installation Management Command (IMCOM)
G9 Conference (23-25 August 2016)
2nd annual symposium to build better financial readiness
framework
Key players: Army Community Service (ACS), Personal
Financial Managers (PFMs), financial institutions, and BLOs
Mission: Provide crosstalk among all Garrison financial partners
USAFMCOM
Now a 2-star Command (MG David Coburn)
E-Commerce Directorate growth (4 to 11 personnel)
Training with Industry (TWI) program enhancements

8. E-Commerce Impact to Banks Top banks receiving EagleCash transactions
USAA
Bank of America
Volume processed via EagleCash Kiosks
$2.96B
$171M
Benefits
24/7 access to funds
Secured transactions via FRB-Boston,
then ACH
No cost to banks or their customers
No infrastructure costs or maintenance

9. POC Information CPT Christopher Anderson (U.S. Army Banking Officer)
- DSN: -
CPT Charles Krueger (U.S. Army Europe Banking Officer)
- Office: +49 (0)
- DSN: -
CPT Ishak Owusu (U.S. Army Pacific Banking Officer)
- Office:
- DSN: -
MAJ Minh Tran (U.S. Army Theater Banking Officer)
- DSN: -

10. Questions