Armed Forces Mutual
| Formerly | American Armed Forces Mutual Aid Association |
|---|---|
| Industry | Financial services Life insurance |
| Genre | Not-for-profit |
| Founded | 1879 |
| Headquarters | , U.S. |
Key people | BG Michael J. Meese, PhD (USA, Ret.) President Mark H. Matsuura Chief Financial Officer and Treasurer Kevin Kincaid Chief Marketing Officer COL Jerry Quinn (USAR, Ret.) Chief Operating Officer and Secretary LTC Steve Mannell, USA, Ret. President, AAFMAA Wealth Management & Trust |
| Products | Insurance, Government Benefits counseling, Wealth Management & Trust services, Mortgages |
| Total assets | $1.26 billion |
Number of employees | 150 |
| Website | aafmaa |
Armed Forces Mutual (Formally known as American Armed Forces Mutual Aid Association) is a Virginia-based not-for-profit, tax-exempt, member-owned organization that provides life insurance and financial services, to members of the United States Armed Forces and their families. At the end of 2019, membership exceeded 85,000 Founded in 1879 following the Battle of the Little Bighorn, it is one of the oldest military-oriented financial associations in the United States.
Armed Forces Mutual operates under IRS section 501(c)(23), as a mutual aid society established prior to 1880 to support veterans through insurance benefits.
The organization has since expanded to provide wealth management, trust, and mortgage services through its wholly owned subsidiaries to past and present members of the U.S. Armed Forces.