AAFMAA

Last updated
American Armed Forces Mutual Aid Association
Industry Financial services
Life insurance
GenreNot-for-profit
Founded1879 (1879)
Headquarters
Fort Myer, Virginia
,
U.S.
Key people
BG Michael J. Meese, USA, Ret., PhD
President
Mark H. Matsuura
Chief Financial Officer
Kevin Kincaid
Chief Marketing Officer and Vice President for Sales
COL Jerry Quinn (USAR)
Chief Operating Officer
Charlene Wilde
Senior Vice President and Assistant Secretary
Jeff Havener
President, AAFMAA Mortgage Services LLC
Charles B. Betancourt
Chief Operating Officer AAFMAA Property
LTC Steve Mannell, USA, Ret.
President, AAFMAA Wealth Management & Trust
ProductsInsurance, Government Benefits counseling, Wealth Management & Trust services, Mortgages
Total assets Increase2.svg $1.29 billion
Number of employees
150
Website aafmaa.com

American Armed Forces Mutual Aid Association (AAFMAA) is a Virginia-based not-for-profit, tax-exempt, member-owned association that provides diversified financial services, including life insurance, investing and trust services, mortgage services, and survivor services to the U.S. Armed Forces communities. [1] At the end of 2019, membership exceeded 85,000 [2]

Contents

AAFMAA was founded in 1879 by a group of Army officers in response to the 1876 Battle of the Little Bighorn to provide financial assistance to the families of deceased soldiers. [3] [4] AAFMAA has since expanded to offer wealth management, trust, and mortgage services to past and present members of the Armed Forces. [4]

History

AAFMAA was established on January 13, 1879, in response to the 1876 Battle of the Little Bighorn to provide financial assistance to the families of deceased soldiers. [4] The founding documents of the association were prepared by a committee of Army officers chaired by Brigadier General Roger Jones. [4]

The association was originally called the Army Mutual Aid Association and membership was only open to members of the Army. In 1984, membership expanded to include Air Force officers and the name was changed to Army and Air Force Mutual Aid Association (AAFMAA) in 1987. In 1995, membership expanded to include non-commissioned Officers and, in 2000, membership expanded again to include enlisted ranks.[ citation needed ] In September 2011, membership expanded to include service members of the Marine Corps, Navy and Coast Guard. As of 2020, membership includes all members of the United States Armed Forces who are on active duty, retired, guard, reserves, students of the service academies, ROTC cadets, and honorably discharged veterans. To reflect the expansion in membership, the association's name was changed to American Armed Forces Mutual Aid Association on June 12, 2013.[ citation needed ]

AAFMAA is headquartered at Fort Myer, Virginia with additional offices in Reston, Virginia; Fayetteville, North Carolina; and Morrisville, North Carolina. [4]

Honorable board members and chairmen

See also

References

  1. ↑ "AAFMAA - Overview". www.aafmaa.com. Archived from the original on 2011-01-22.
  2. ↑ "AAFMAA Annual Report 2019" (PDF). AAFMAA.
  3. ↑ Association, Army Mutual Aid (1933). Annual Report ... for the Year Ended February 28, Organized January 13, 1879. B. S. Adams.
  4. 1 2 3 4 5 "History of the AAFMAA". Archived from the original on 2020-09-18.
  5. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2011-07-07. Retrieved 2011-02-11.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ↑
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