AFFN meaning in Banking ?

Banking Miscellaneous in Banking . 3 months ago

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What is Armed Forces Financial Network mean?

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 provides electronic financial transactions services to the military banking and defense credit union sector. 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 both in the United States and overseas. John M. Broda is the president and chief executive officer of the network.

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Posted on 26 Sep 2024, this text provides information on Banking related to Miscellaneous in Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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