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November 29, 2015 9:56 PM ET

Commercial Services and Supplies

Company Overview of Armed Forces Benefit Association

Company Overview

Armed Forces Benefit Association (AFBA) is a non-profit organization. It provides banking and insurance services to defense and federal government employees through its subsidiaries. The association offers life and health insurance and commercial banking services. Its subsidiaries include 5Star Financial, LLC, 5Star Bank, and 5Star Life Insurance Company. Armed Forces Benefit Association was founded in 1947 and is based in Alexandria, Virginia.

909 North Washington Street

Alexandria, VA 22314

United States

Founded in 1947





Key Executives for Armed Forces Benefit Association

Compensation as of Fiscal Year 2015.

Armed Forces Benefit Association Key Developments

Armed Forces Benefit Association Announces Retirement of Marshal L. Cole as General Counsel

After more than five decades of service to the Armed Forces Benefit Association (AFBA), Marshal L. Cole, Esq. announced his retirement as General Counsel on October 29, 2015. Marshal is a graduate of Yale University and Georgetown Law Center. His education was then followed by a three-year tour as an officer in the USAF. He then joined the District of Columbia general and federal regulatory law practice of Wilner & Scheiner. In June 1990, when his senior partner, Mort Wilner, Esq., retired, Marshal was appointed AFBA's General Counsel.

Armed Forces Benefit Association Hires A. Jeanine Hoover as Vice President of Human Resources

Armed Forces Benefit Association announced that A. Jeanine Hoover is joining team as Vice President of Human Resources, effective September 3, 2014. Hoover comes to AFBA from the National Center for Missing & Exploited Children where she served as Vice President of Human Resources. She joined NCMEC in 2000 after many years of experience in all areas of human resources.

Armed Forces Benefit Association Elects Two New Board Members Effective June 1, 2014

Armed Forces Benefit Association announced the election of SMA Kenneth O. Preston, USA (Ret.) and CMSAF James A. Roy, USAF (Ret.) to the AFBA Board of Directors effective June 1, 2014. Sergeant Major Preston served for over 36 years in every enlisted leadership position to his final position as Sergeant Major of the Army. Chief Master Sergeant of the Air Force (CMSAF) Roy is the 16th CMSAF where he served as the personal adviser to the Secretary and the Chief of Staff of the Air Force on all issues regarding the enlisted force. He is currently Senior Program Manager for Scientific Research Corporation.

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