Armed Forces Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.27% | 5-year CD | 2.27% - National Average |
| 1.21% | 1-year CD | 1.37% - National Average |
| 0.05% | Savings | 2.20% - Barclays Online Savings Account |
Armed Forces Bank is headquartered in Fort Leavenworth and is the 10th largest bank in the state of Kansas. It is also the 732nd largest bank in the nation. It was established in 1907 and as of December of 2018, it had grown to 304 employees at 37 locations. Armed Forces Bank's money market rates are 3X the national average, and it has a B+ health rating.
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The Worst
This is the worst bank I have ever dealt with. It seems like every couple of days I would have to call them usually to fix their mistakes. I was on the phone no less than a hour each time. Everytime I would call I would be told something different about the same issue or their policies in general how they handle situations all of the above. I filed a dispute they told me it was received and being reviewed. I called several times about status was told I had to wait, 3 months later they tell me we never had a dispute filed WHAT? And now it is to late to file it they denied the dispute because it had been over 60 days. NO I have proof it was filed right away and this was a big amount too. The company that took my money is a scam so they stole my money and the bank plays games so the scammer wins. One of the many problems I called about was my Business bank card It never worked wouldn’t let me set up my pin or work in atm. After months and months of calling and ordering new cards (15 new cards) waiting for new one to come to find out it didn’t work either someone at the bank figures out that they had the wrong code in so it would never work he fixed it and wow problem solved. I finally get everything working correctly then I get a notice they are closing my accounts and won’t tell my why and no one at the bank knows why either. Because they are incompetent they close my account. Like I said worst bank ever! And there is more too but I am out!
Worse Bank
If I can give this bank a zero I would closing my account ASAP horrible unknowledgeable people they hire anybody to work there just STUPID!!!
My Personal Experience With Armed Forces Bank
Armed forces bank (AFB) is the worse bank I have ever banked with. And I'm not saying this to bash the bank There are many many reasons why I feel this way. First off my bank account had been hit with fraud 2 times in less than 2 months and they took all of my money everything and more they left me -300+ in my bank account both times. I called AFB and talk to them I went one by one transaction by transaction and told them what was mine and what wasn't. And they said they would take it and review it. They denied both of my claims with no reasoning not to mention they didn't even tell me it was denied I had to call them. One of the 3 times I called and had an agent hang up in my face when I asked "why was my claim denied" and the only other responses I got was "sorry i I don't know why you claim was denied" how the heck can you deny a claim and not tell me why or even notify me that the claim is denied. And maybe I would have picked up on the fact that money was being taken out of my account if I was notified when my account was over drafted but I didn't receive an email saying it was overdrafted until it was over drafted for 8 days. Then I had to get a loan to recover from it and I only got what I need which means that my account is on its last couple of dollars and they still take the money out of my account leaving me negative and charging me an overdraft fee which put me back in square 1. another thing that this bank does it take out random fees and charges and when out call to ask somebody about it the don't know what it is why it got taken out. We all work too hard for our money to just be taken away with nokind of explanation what so ever.... when I get my taxes I will pay off this loan and I'm switching my bank immediately. I don't recommend this bank to anybody. Nobody all it's the fastest way to get strewed over when you get paid not even knowing it. If I were to recommend any bank I'd recommend USAA for all service members and their family. I know it was long and I hope it was helpful. I only wrote this for you because I didn't have anyone write it for me and now I'm paying for it. Don't use this bank it's not worth it.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4666 |
| Year Established | 1907 |
| Employees | 304 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.58% |
| Return on Equity - YTD | 8.73% |
| Annual Interest Income | $40.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.08B$1.07B |
| Loans | Q4 2018vs Q4 2017 | $675.6MM$652.9MM |
| Deposits | Q4 2018vs Q4 2017 | $872.5MM$861.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $194.6MM$198.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $9.6MM$12.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $21.3MM$20.3MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $2.6MM$3.7MM |
Always verify rates and promotions with the bank or credit union. We are not Armed Forces Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Armed Forces Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Savings | |
| 0.05% | - | - | Student Savings | |
| 0.05% | - | - | Business Savings |
Armed Forces Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.51%* | $250k* | - | Business Money Market Account | ||
| OTHER TIERS: 0.50% → $25 - $10k | 0.70% → $10k - $25k | 0.80% → $25k - $50k | 0.90% → $50k - $100k | 1.25% → $100k - $250k | |||||
| 1.51%* | $250k* | - | Premier Money Market Account | ||
| OTHER TIERS: 0.50% → $25 - $10k | 0.70% → $10k - $25k | 0.80% → $25k - $50k | 0.90% → $50k - $100k | 1.25% → $100k - $250k | |||||
Armed Forces Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $50k* | - | Elite Checking | ||
| OTHER TIERS: 0.05% → $25 - $10k | 0.07% → $10k - $25k | 0.08% → $25k - $50k | |||||
Armed Forces Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.42% | $500 | - | 24 Month CD | |
| 2.42% | $500 | - | Business 24 Month CD | |
| 2.27% | $500 | - | 60 Month CD | |
| 2.27% | $500 | - | Business 60 Month CD | |
| 2.17% | $500 | - | 48 Month CD | |
| 2.17% | $500 | - | Business 48 Month CD | |
| 2.07% | $500 | - | 12 Month CD | |
| 2.07% | $500 | - | Business 12 Month CD | |
| 2.02% | $500 | - | 36 Month CD | |
| 2.02% | $500 | - | Business 36 Month CD | |
| 1.91% | $500 | - | 30 Month CD | |
| 1.91% | $500 | - | Business 30 Month CD | |
| 1.51% | $500 | - | 19 Month CD | |
| 1.51% | $500 | - | Business 19 Month CD | |
| 1.41% | $500 | - | 18 Month CD | |
| 1.41% | $500 | - | Business 18 Month CD | |
| 1.31% | $500 | - | 15 Month CD | |
| 1.31% | $500 | - | Business 15 Month CD | |
| 1.21% | $500 | - | 13 Month CD | |
| 1.21% | $500 | - | Business 13 Month CD | |
| 0.60% | $500 | - | 9 Month CD | |
| 0.60% | $500 | - | Business 9 Month CD | |
| 0.50% | $500 | - | 182 Day CD | |
| 0.50% | $500 | - | Business 182 Day CD | |
| 0.35% | $500 | - | 91 Day CD | |
| 0.35% | $500 | - | Business 91 Day CD | |
| 0.26% | $500 | - | 30 Day CD | |
| 0.26% | $500 | - | Business 30 Day CD |
Armed Forces Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.75% | $500 | - | 60 Month IRA | |
| 1.75% | $500 | - | 60 Month SEP IRA | |
| 1.60% | $500 | - | 48 Month IRA | |
| 1.60% | $500 | - | 48 Month SEP IRA | |
| 1.40% | $500 | - | 36 Month IRA | |
| 1.40% | $500 | - | 36 Month SEP IRA | |
| 1.21% | $500 | - | 19 Month IRA | |
| 1.21% | $500 | - | 19 Month SEP IRA | |
| 1.20% | $500 | - | 30 Month IRA | |
| 1.20% | $500 | - | 30 Month SEP IRA | |
| 1.10% | $500 | - | 24 Month IRA | |
| 1.10% | $500 | - | 24 Month SEP IRA | |
| 1.00% | $500 | - | 18 Month IRA | |
| 1.00% | $500 | - | 18 Month SEP IRA | |
| 0.90% | $500 | - | 15 Month IRA | |
| 0.90% | $500 | - | 15 Month SEP IRA | |
| 0.85% | $500 | - | 13 Month IRA | |
| 0.85% | $500 | - | 13 Month SEP IRA | |
| 0.75% | $500 | - | 12 Month IRA | |
| 0.75% | $500 | - | 12 Month SEP IRA | |
| 0.40% | $500 | - | 9 Month IRA | |
| 0.40% | $500 | - | 9 Month SEP IRA | |
| 0.25% | $500 | - | 182 Day IRA | |
| 0.25% | $500 | - | 182 Day SEP IRA | |
| 0.20% | $500 | - | 91 Day IRA | |
| 0.20% | $500 | - | 91 Day SEP IRA |
