Members ±411 Founded 1985 | ATMs ±194,000 | |
Operating area | ||
The Armed Forces Financial Network (AFFN) is an interbank network with a mission to increase the versatility of participating financial institutions to better serve the U.S. Military. It connects approximately 346 banks and credit unions with over 194,000 ATMs and 1.3 million point-of-sale locations.
History
The Armed Forces Financial Network was founded in 1985 at the request of the United States Army to support the "Surepay" direct deposit initiative. The AFFN's role in the Surepay initiative was to be one way U.S. military personnel could gain access to their money.
References
Armed Forces Financial Network Wikipedia(Text) CC BY-SA