1 / 35

Presented by: Mr. Mike Bilbrey, Mr. Keith Dove, Ms. Kelly Mizell, CPT P Marocco Roberts, and Ms. Lessie Shuler

2. IntroductionsOverview History of Banks and Credit UnionsBanking Liaison Officer (BLO) ResourcesInstallation Roles and ResponsibilitiesDomestic Financial Institution (FI) EstablishmentDomestic FI SolicitationFI TerminationATM SolicitationTreasury General Account (TGA)Operating Agreements Morale, Welfare, and Recreation SponsorshipsLeasesIn-Kind ConsiderationFinancial EducationOverseas.

kaili
Download Presentation

Presented by: Mr. Mike Bilbrey, Mr. Keith Dove, Ms. Kelly Mizell, CPT P Marocco Roberts, and Ms. Lessie Shuler

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. Presented by: Mr. Mike Bilbrey, Mr. Keith Dove, Ms. Kelly Mizell, CPT (P) Marocco Roberts, and Ms. Lessie Shuler

    2. 2 Introductions Overview History of Banks and Credit Unions Banking Liaison Officer (BLO) Resources Installation Roles and Responsibilities Domestic Financial Institution (FI) Establishment Domestic FI Solicitation FI Termination ATM Solicitation Treasury General Account (TGA) Operating Agreements Morale, Welfare, and Recreation Sponsorships Leases In-Kind Consideration Financial Education Overseas Agenda

    3. 3

    4. 4

    5. 5

    6. 6

    7. 7 Banking Liaison Officer Policy, Procedures, and Desk Guide DOD Instruction 1000.11 – Financial Institutions on DoD Installations DoDFMR, Volume 5, Chapter 34 – Procedures Governing Banks, Credit Unions and other Financial Institutions on DoD Installations http://www.defenselink.mil/comptroller/fmr/05/05_34.pdf Commander & Installation Banking and Credit Union Liaison Officer Desk Guide http://www.dfas.mil/more/referencelibrary/BLOGuide2009.pdf DoD Instruction 1344.07 - Personal Commercial Solicitation on DoD Installations DoD Instruction 1342.27 - Personal Financial Management for Service Members

    8. 8 Examples and/or Questions Question: What information does the BLO Guide provide that the DODFMR, Volume 5, Chapter 34 or DoDI 1000.11 does not?

    9. 9 Installation Roles and Responsibilities

    10. 10

    11. 11 Examples and/or Questions Situation: The need to establish a financial institution aboard a DoD installation following the departure of the current on-base financial institution.

    12. 12

    13. 13 Examples and/or Questions Situation: Establishment of a financial institution aboard a DoD installation following departure of current on-base credit union

    14. 14

    15. 15 Examples and/or Questions Situation: The ICO learned that the current on-base financial institution wishes to terminate its operations on-base.

    16. 16 ATM Solicitation Process On-base FIs have right to first refusal. Solicitation process required if on-base FIs decline to perform service or if there are no FIs on the installation. Exception to policy required by Service Secretary to conduct solicitation for ATM service when FIs are on installation. Commander conducts solicitation and forwards recommendation to the Service Secretary for final approval.

    17. 17 Examples and/or Questions Situation: Base wanted to bring ATMs on post to support special events Base had a temporary ATM requirement to have portable ATMs at an event Base BLO contacted on-base FIs with requirement

    18. 18

    19. 19 TGA Commercial banks or other FIs which have been designated specifically and authorized by the Department of the Treasury to maintain a demand account in the name of the Department of the Treasury for the purpose of accepting deposits to the TGA from disbursing officers. These depositaries are designated only at locations where they are needed to receive deposits of public funds for credit to the TGA. An Agency Profile Sheet is submitted to formally request authorization to deposit funds with a TGA or to change from one authorized depositary to another.

    20. 20 Examples and/or Questions Situation: The FI on base wants to stop providing TGA service. What recourse does the Command have? Questions: Are FIs allowed to discontinue services stated in the operating agreement? Any changes to the operating agreement must be agreed to by both the FI and the base and the operating agreement updated. What if the FI will no longer provides service required by the base? If onbase FIs are not able to meet base requirements than the base can either receive approval for a waiver to the one bank/one credit union rule or terminate the existing operating agreement under DoD FMR Vol 5 Ch 34 340504. Then they could solicit for a new FI to come onbase Questions: Are FIs allowed to discontinue services stated in the operating agreement? Any changes to the operating agreement must be agreed to by both the FI and the base and the operating agreement updated. What if the FI will no longer provides service required by the base? If onbase FIs are not able to meet base requirements than the base can either receive approval for a waiver to the one bank/one credit union rule or terminate the existing operating agreement under DoD FMR Vol 5 Ch 34 340504. Then they could solicit for a new FI to come onbase

    21. 21 Morale, Welfare, and Recreation Sponsorship

    22. 22 Examples and/or Questions Situation: Material distributed by off-base FI sponsoring MWR events Base BLO requested guidance on what information could be distributed by off-base FI sponsoring events

    23. 23 Examples and/or Questions Situation: Financial materials distributed by MWR sponsor at on-base event

    24. 24 Examples and/or Questions Situation: Mobile ATM needed for MWR event; MWR contracted service with off-base FI

    25. 25

    26. 26

    27. 27 Examples and/or Questions

    28. 28 Examples and/or Questions

    29. 29 Financial Education

    30. 30 Examples and/or Questions

    31. 31

    32. 32

    33. 33

    34. 34

    35. 35

    36. 36

More Related