Financial institution Travis honored by the Air Force – The Vacaville Reporter
Travis Air Force Base Armed Forces Bank was named “Distinguished Bank of the Year” by the Department of the Air Force.
The financial institution won the designation, which recognizes local financial institutions that have provided exceptional service to the community in the previous calendar year, for 11 of the past 12 years.
Armed Forces Bank has been recognized for its leadership in serving military service members and their families with a wide range of banking services, settlement support and financial education. The bank serves approximately 128,000 active duty and retired military, government personnel and their families.
For calendar year 2021, the AFB received 13 combined nominations from all three service branches (Army, Air Force, and Navy) for the award given by Command Leadership at military installations across the country.
The bank was officially recognized at the annual workshop hosted by the Association of Military Banks of America in August in Washington, DC.
AFB was also the only bank out of 144 financial institutions to earn the “Designation of Excellence in Savings” from Military Saves. The designation, which recognizes institutions that have made an extraordinary effort to promote positive savings behaviors and have taken steps to improve the financial stability of their community, for nine of the past 10 years.
The Military Saves program is coordinated by the non-profit Consumer Federation of America and is designed to help military members and their families save money, reduce debt and build wealth.
“We are honored to have received these two awards over many years, reflecting our unwavering commitment to meeting the distinct needs of service members and their families,” said Paul Holewinski, CEO of Armed Forces Bank and Dickinson. Financial Corporation, in a press release. “No matter where they are stationed or deployed around the world, AFB strives to provide the best banking solutions and financial advice.”
To help military customers manage their finances efficiently, wherever they are, Armed Forces Bank has created the HERO and Access Loan programs, which offer beneficial financing options and the ability to put down roots:
The bank also recently launched the Military Speaking podcast, which shares stories and offers information on financial practices and strategies to help the military move forward. The podcast discusses military benefits members should take advantage of to become more financially independent and features representatives from various organizations. Customers point to resources that help service members prepare for important milestones, such as permanent moving changes and the eventual transition to civilian life.
“As the unique needs of our military customers evolve, we are constantly working to remain at the forefront of providing accessible, convenient and efficient service,” said Tom McLean, senior vice president and regional military director of the Armed Forces Bank, in the statement. “We consider it an honor to serve serving and retired military personnel and their families, all of whom are dedicated to serving our country.”