Armed Forces Financial Network
| Company type | Private |
|---|---|
| Industry | Financial services, Interbank network |
| Founded | 1985 |
| Headquarters | St. Petersburg, Florida , United States |
Key people | John M. Broda (President and CEO) |
| Products | ATM and point-of-sale network services, chip and pin travel card |
The Armed Forces Financial Network (AFFN) functions as an interbank network dedicated to serving the banking needs of military and defense credit union communities. It connects approximately 346 banks and credit unions, providing access to more than 800,000 ATMs and 2.3 million point-of-sale terminals, predominantly situated near U.S. military installations both domestically and internationally. The organization is led by President and CEO John M. Broda.
History
Established in 1985 in response to a request from the United States Army to facilitate the "Surepay" direct deposit program, AFFN was created to allow service members electronic access to their pay.
In 2017, AFFN launched a chip and pin travel card aimed at improving the security of financial transactions for its members.