Welcome New Recruits

Welcome, new recruit, to the military and to Armed Forces Bank. Find everything you need here to get your finances squared away for basic training and beyond.

Checking

Open an Account Receive $100*

Easy, Fast & 100 for You

It's easy to sign up online for a new checking account and get a $100 reward:

Open an Access Checking Account online on or before November 30, 2020. Then setup direct deposit with at least one deposit received prior to December 31st and use your debit card a minimum of twelve times before December 31. You will receive a $100 reward deposited directly into your account in January 2021.

Open Now

Applying typically takes 10 minutes or less.

Features

Free mobile check deposit¹

No fee money orders for existing clients

Free, unlimited access to 30,000+ MoneyPass® Network²ATMs — find one with our mobile app or the MoneyPass® site

Free overdraft protection transfers

Additional Features

Free incoming wire transfers
Online Banking with Bill Pay
Mobile Banking³ with account alerts, including the mobile app, mobile browser, and Text Banking
Free Visa® debit card with EMV chip technology
Locations around the country, including branches inside Exchanges that are open weekends and evenings

What You Need to Know

There is a $25 opening balance requirement.

Account must remain open in January 2021 in order to receive the additional $100 deposit.

No monthly fee when you meet the following requirement each statement cycle:

12 debit card purchases per statement cycle, OR
Direct Deposit

Otherwise, a monthly service fee of $10 applies.

You can receive free e.Statements or $4.50 paper statements with this account.

Open Now

Applying typically takes 10 minutes or less.

1 Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and restrictions apply.

2 No fees for withdrawals, transfers, balance inquiries or denied ATM transactions at ATMs in the MoneyPass® Network if you have a MoneyPass® logo on the back of your card. MoneyPass® Network ATMs are within the U.S. only.

3 Message and data rates may apply - such charges include those from your communications service providers.

*The new Access checking account must be opened before or on the date of November 30, 2020. There must be at least a total of 12 debit card transactions posted to your new checking account between November and December 31, 2020 to receive the reward. Payroll Direct Deposit must be set up with at least one deposit received prior to December 31, 2020 to receive the reward. Transfers from personal bank accounts or cash applications are not considered a direct deposit. The new checking account must be open at the time of the reward deposit. The $100 reward will be deposited into the checking account during the month of January 2021. $100 offer only available to one account per person. Armed Forces Bank clients with an existing checking account (Access, Elite or Restore) are excluded from this offer. Armed Forces Bank associates are excluded from this offer. Only one new account is eligible for the $100 reward and can be opened at either Academy Bank or Armed Forces Bank. Academy Bank and Armed Forces Bank are affiliates of parent company Dickinson Financial Corporation (DFC). Limited time offer. $25 minimum opening balance is required for any checking account product. Reward will be reported under the applicable IRS rules. Recipient is responsible for any federal, state or local taxes.

Account must be opened online at afbank.com. New accounts cannot be opened in the mobile banking application.