Armed Forces Bank Receives Distinguished Bank of the Year Award for Military Service Commitment

Armed Forces Bank Honored for Commitment to Military Clients



Armed Forces Bank, which has been serving military personnel since 1907, has earned the prestigious title of Distinguished Bank of the Year once again, recognizing its extraordinary commitment to advancing the financial readiness of military families and veterans. This award, presented by the Department of the Army during the 2025 Military Banking Summit, marks the 14th recognition in the past 15 years, underscoring the bank's dedication to understanding and addressing the unique financial challenges faced by military members and their families.

In a ceremony held in Colorado Springs from August 24-29, 2025, Armed Forces Bank was lauded for its exceptional contributions to enhancing the financial well-being of military personnel and their families. Each year, this distinguished accolade is awarded to just three financial institutions across the nation, making it a significant honor that highlights the bank’s ongoing efforts.

A Legacy of Support and Innovation



Paul Holewinski, CEO of Armed Forces Bank and Dickinson Financial Corporation, attributed the bank's enduring success to its deep understanding of military clients’ needs. “For 118 years, we have dedicated ourselves to removing financial barriers and creating opportunities for military members, and veterans. This recognition reinforces our commitment to listening closely to the military community and responding effectively to their financial challenges,” he stated.

Over the years, Armed Forces Bank has secured a total of 30 Distinguished Bank of the Year awards since 1997, showcasing its robust reputation as a reliable financial partner in the military community. The accolades include recognition from various branches of the military, including 14 awards from the Navy, 9 from the Army, and 7 from the Air Force.

Community Engagement at the Core



The recognition of Armed Forces Bank also emphasizes its active engagement in the Fort Leavenworth community, where it is located. The bank's innovative financial education programs and strong partnerships on base, along with its extensive community involvement, set it apart from other financial institutions. Their initiatives support family programs such as Morale, Welfare and Recreation events, Change of Command ceremonies, and participation in significant observances like Prisoner of War/Missing in Action Recognition Day.

One outstanding example of this dedication is Tina Farr, a bank team member celebrated for over 40 years of service, embodying the bank's trusted presence in the community.

Tailored Solutions for Service Members



Armed Forces Bank’s unique approach to banking focuses on the distinctive needs of military customers, ensuring they receive the best services available. Some specialized offerings include:

  • - Access Rewards Checking: Designed to help military families make the most of their budgets, this checking account offers rewards, discounts, and cash-back opportunities.
  • - VA Lending Services: As an approved VA lender, the bank provides streamlined services to veterans and active service members, emphasizing personalized support throughout the home-buying process.
  • - Credit Builder Program: By offering a secured credit card, the bank assists service members in establishing or rebuilding credit, making financial health more attainable.
  • - Militarily Speaking Podcast: The bank’s podcast shares valuable financial advice and success stories, aimed specifically at the military community.
  • - Heroes Round Up Initiative: This program allows customers to round up their debit card transactions to contribute toward supporting veteran homelessness through the Veterans Community Project.

Recognition and Accolades



Armed Forces Bank's commitment to military members is reflected in multiple national honors, including being named one of the top five best banks for military families by Yahoo! Finance. Recently, the bank received the Veterans Saves Community Impact Award, highlighting its influence on improving financial stability for veterans. Over the last 12 years, it has achieved the Designation of Savings Excellence ten times, showcasing its ongoing dedication to helping clients save and manage their finances effectively.

Headquartered in Fort Leavenworth, Kansas, Armed Forces Bank is entirely focused on serving military personnel, veterans, and their families. Approximately 80% of its associates have personal military connections, enabling the bank to resonate more closely with its clientele.

Ultimately, Armed Forces Bank's relentless focus on innovation, tailored financial products, and community commitment ensures that it continues to be a vital resource for those who serve our nation.

For further information, please visit www.afbank.com.

About Armed Forces Bank: Armed Forces Bank is a full-service military bank committed to serving active and retired military members while also offering services to civilian clients. With $1.4 billion in assets, the bank operates across 14 branches on 12 military installations in 10 states, affirming its integral role in supporting the financial health of the military community.

Topics Financial Services & Investing)

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