Make the most of your Child Tax Credit with an Armed Forces Bank checking account
Important changes to the Child Tax Credit will result in eligible families receiving advance payments starting as early as July. The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit (CTC) for the tax year 2021 to include increased credit amounts.
Open an Armed Forces Access Checking3 account to receive your CTC payments faster through direct deposit.
Access Checking3 is a great everyday checking account with all the basics and more. Take advantage of online banking features such as free mobile check deposit2, bill pay and account alerts1. Some of our nationwide branches offer Exchanges that are open weekends and evenings. Armed Forces Bank clients can also bank at over 70 Academy Bank locations and deposit cash at over 4,000 Walmart locations at the register. In addition you’ll have free access to 30,000+ ATMs through our MoneyPass Network. Sign up for direct deposit and get paid an extra day in advance with Early Pay (DFAS direct deposits).