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AFFN meaning in Banking ?

Answer» What is Armed Forces Financial Network mean?

The Armed Forces Financial Network (AFFN) is an interbank network with a mission to increase the versatility of participating financial institutions to better serve the U.S. military. It provides electronic financial transactions services to the military banking and defense credit union sector. It connects approximately 346 banks and credit unions with over 800,000 ATMs and 2.3 million point-of-sale locations that are often in or near military bases both in the United States and overseas. John M. Broda is the president and chief executive officer of the network.

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