Association of Military Banks of America (AMBA)

🌟 New to the military? Get a head start on managing your finances with essential tips from Military OneSource! This comprehensive guide covers everything from opening your first bank account to understanding the Thrift Savings Plan (TSP). Empower yourself with the knowledge to make informed financial decisions right from the start. 🚀 #MilitaryFinance #NewToTheMilitary #FinancialReadiness #TSP #MilitaryLife Read more here: Military Pay 101: Opening a Bank Account and TSP Introduction https://buff.ly/3UwaZmM

This National Veterans and Military Families Month, we're honoring our amazing MilFams and veterans far and wide. Your dedication and support makes a difference in our lives every single day. Explore resources and support made with your needs in mind at Military OneSource

Participating in Veteran Saves Week offers organizations and financial institutions a unique opportunity to support a national dialogue about building financial confidence and wellness, and serving their communities directly and meaningfully. We invite you to join us in this national effort to promote financial literacy and readiness. By working together, we can ensure that our #Veterans and their families are equipped with the tools and knowledge they need for financial success. #VeteranSaves

Veteran Saves Week marks a time for reflection, action, and commitment in the military and Veteran communities towards achieving personal financial success. This year the week serves as a beacon for financial readiness and empowerment. #veterans #veteransaves #savings

Generative AI is expected to magnify the risk of deepfakes and other fraud in banking Fake content has never been easier to create—or harder to catch. As threats grow, banks can invest in AI and other technologies to help detect fraud and prevent losses. https://lnkd.in/d8WJWw4X

More troops are moving under new household goods shipment program. U.S. Transportation Command officials are moving forward with a new household goods contract that officials hope will make moves easier for military members. https://buff.ly/3A0vGAo

Is Your Bank a Veterans Benefits Banking Program (VBBP) Participant yet? The Veterans Benefits Banking Program (VBBP) seeks to simplify banking choices by helping eligible Veterans select the right financial institution and services for themselves and their families. In addition, VBBP offers access to financial and credit counseling and a personalized financial journey through VetCents. Visit VBBP to find out how to participate.

Penn State Clearinghouse for Military Family Readiness is recruiting for the Awareness Campaign Study that will inform programs to help other service members and their families. You can earn up to $70 in Amazon gift cards by completing 4 short online surveys throughout the next year. Please feel free to share with your networks! https://buff.ly/404MYHb

Food and Shelter Costs Stoke Hotter-Than-Expected US CPI • US CPI rises more than forecast; core measure also higher • Food and shelter costs stoke hotter-than-expected CPI • Jobless claims jump 258,000, exceeding estimates • Stock futures, Treasury yields edge lower Full Story Here https://buff.ly/4eOZOhu

VA to create a program that offers legal help to veterans denied benefits because of discharge status Read more at: https://lnkd.in/eW93Z2Bp Source - Stars and Stripes