Community Bank is operated through a contract between a commercial financial institution and the Department of Defense. Currently, the contractor is Bank of America, N.A. The Defense Finance and Accounting Service, in coordination with the Military Service banking representatives, is responsible for oversight and management of Community Bank.
Community Bank has 70 banking centers and over 300 ATMs in Germany, United Kingdom, The Netherlands, Italy, Japan and Okinawa, Korea, Diego Garcia, Guantanamo Bay, Honduras and Kwajalein Atoll. The contract specifies who is authorized to use the banking services, which are listed below: