Military Banks Can Help You Make Saving Automatic During Military Saves Week 2016

By Andia Dinesen, AFC®, Vice President Communications & Operations, Association of Military Banks (AMBA)

During Military Saves Week 2016, the Association of Military Banks of America (AMBA) and its member banks can help you save successfully!

This year’s theme is “Make Saving Automatic!” Saving automatically can be used for many types of savings goals; saving for an emergency should be at the top of your to-do list!.  You can set up automatic savings into a savings account in a couple different ways. 

One way to start your emergency fund (or add to it) is through a payroll deduction, making this savings habit automatic. For the military, this can be done online through MyPay ( by clicking on “Start Savings Allotment.” 

The best place to have your emergency savings fund is in a liquid savings account. A savings account at a financial institution is a great place to have your emergency savings. You should be able to access this money quickly if you run into an unexpected expense. AMBA military banks offer great promotions and incentives during Military Saves Week that will help you to start saving or increase your savings. 

Check back at in early February for promotions, incentives and specials AMBA banks are holding during Military Saves Week 2016.  


Tip of the Day

  • Written by Guest Blogger | May 2, 2014

    33% of Americans spend more than they earn. The first step to eliminating #debt is to stop borrowing & make a budget.

Saver Stories View all »

One Sailor's Course to Financial Freedom

Written by Super User | November 26, 2010

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

Then I decided I'd had enough of living paycheck to paycheck and worrying about money all the time.


Naval Battalion's Effort Yields Team Success

Written by Super User | November 26, 2010

Construction Battalion Five, DETAIL CHINHAE would like to share our campaign success story with you!

Currently we have 23 members on our Det, (all of whom have registered with militarysaves) and out of them 16 are planning for retirement by saving and investing money in the Federal Thrift Savings Plan.


Money on the Side

Written by Super User | November 26, 2010

Camp Arifjan, Kuwait -- A colonel in the 1st Theater Sustainment Command has money on his mind.

Army Col. George Fields, the Chief of Intelligence, or G2, has been teaching a free "Managing Your Money" class here in his spare time. More than 400 students have attended his six week-long class to learn more about increasing their own finances.

"All I did was sit down and listen to a guy one day who showed me what he was doing" said the colonel as he explained how he became interested in what he calls, "becoming financially free."