A military bank is a financial institution that offers services tailored to members of the armed forces. Military banks are popular among service people because they offer various types of specialized accounts, perks and benefits, and services and options accommodating military lifestyles. Though some banks target a broader audience, military banks primarily focus on and cater to military personnel.People who serve in the military, along with their families, have unique banking needs that military banking services are designed to meet. Frequent travel and relocation make features like fully refundable out-of-network ATM fees and remote check deposits valuable. An account that has no foreign transaction fees helps a servicemember deployed abroad.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.

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