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UNCLASSIFIED//FOUO1266th FMC FIRST IN FINANCE SUPPORT!! 4 May 2010

UNCLASSIFIED//FOUO1266th FMC FIRST IN FINANCE SUPPORT!!

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4 May 2010

Overseas Defense Credit Union Council ConferenceGarmisch, Germany

266th Financial Management Center

266th Financial Management Center (FMC)266th Financial Management Center (FMC)

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266th Financial Management Center Update


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UNCLASSIFIED//FOUO3266th FMC FIRST IN FINANCE SUPPORT!!


FCST Locations-Germany

Benelux Finance Office Italy Finance OfficeConcept of FM Support:

• The 266th FMC is staffed with a 197 strong TDA and 36 Soldier MTOE.

• The FMC supports Central Europe with 18 office locations. (see maps at right)

• The FMC headquarters, in Kaiserslautern, houses the FMC MTOE (36) Soldiers and the Pay Center of Excellence (PCE) with 57 civilians.

• The PCE provides Military and Travel pay support, in addition to Def. Travel System (DTS) management.

• FMC overall support capabilities include: Central Funding; Banking liaison; FM policy; FM Ops; military pay; travel pay; DTS; FM IT systems management; and, Internal Controls.

Baumholder

K-Town Heidelberg

Bamberg

GrafenwoehrVilseck

HohenfelsAnsbach

Schweinfurt

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208th

B 208th

D 208th

E 208th

E 106th

D 106th

C 208th

C 106th

Darby

Vicenza208thA

BELGUIM /NETHERLANDS

ITALY

Command Locations

IFO

BFO

BalkansJTF-E

Mons

Brussels

Brunssum

Finance Forces Current

Finance Forces 2011FMC/PCE

BAYERNBADEN -

WURTTEMBERG

RHEINLAND - PFALZ

HESSEN

Grafenwoehr

Ansbach

Wiesbaden

Stuttgart

Baumholder

Heidelberg

BambergSchweinfurt

MannheimK-Town

HHC 266th

X

Financial Management Forces RedegnFinancial Management Forces Redegn

208th

A 106th

B 106th

106th

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Finance Deployments:

266th Financial Management Center: ~ Nov 2010

A/106th FMCo (Grafenwoehr): Deployed

B/106th FMCo (Ansbach): Deployed

C/106th FMCo (Vicenza, Italy): Just returned

D/106th FMCo (Kaiserslautern): ~ Nov 2010

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USAREUR Update


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Transformation plan runs through 2012-2013

• Baumholder declared “Enduring Community”

• Four Brigade Combat Teams will remain in Europe

• 170th BCT- Baumholder

• 172nd BCT- Grafenwoehr

• 173rd BCT Airborne- Vicenza

• 2nd Stryker Cavalry Regiment- Vilseck

USAREUR TransformationUSAREUR Transformation

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USAREUR transformed into 7th Army FY 09

• A deployable Field Army that will transition to Wiesbaden ≈ FY12

Wiesbaden improvement projects:

• $133m Housing program

• $26m Network warfare center

• $119m Headquarters building

• $89m Consolidated intelligence center

• $141m Neighborhood revitalization program

• $31m Lodge

• $8.3m Bowling center

USAREUR TransformationUSAREUR Transformation

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USAREUR Deployments

• 2nd Stryker Cavalry Regiment (Vilseck, Germany)

• 172nd Airborne Brigade (Vicenza, Italy)

USAREUR Operations USAREUR Operations

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Central and Eastern Europe


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Theater security cooperation is a cornerstone of USAREUR/7A strategy

Central and Eastern EuropeCentral and Eastern Europe

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Countries we are currently actively supporting and engaging in security cooperation with:

• Azerbaijan

• Georgia

• Romania

• Bulgaria

• Poland

• Czech Republic

• Ukraine


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Country focus: Poland

• Recently completed SOFA negotiations in Warsaw, Poland.

• Results were very favorable. The MBF and Credit Union(s) will be authorized to operate in Poland if ever required


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Country focus: Poland

• Stipulations:

• Must provide a Currency Transaction Request (CTR) to the Polish Ministry of Finance for any cash transaction greater than €15,000

• If currency is purchased from outside the European Union (Switzerland is considered within the EU) than it must be declared to Polish Authorities.


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SOFA Status: Central and Eastern Europe

Country Authorized Financial Institutions

MBF Credit Union

Poland X X

Czech Republic X X

Romania X X

Bulgaria X


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Installation Management Command Budget Issues:

Issue: IMCOM’s budget was severely cut in the middle of the fiscal year.

Impact: Before entering into any agreement with a local Garrison, obtain in writing to what the Garrison will commit to. i.e. site preparations, alarm costs, etc.

Logistic Support ChallengesLogistic Support Challenges

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Update: Andrews Federal Credit Union- Belgium

SOFA Supplement - granting the status of "Civilian Component" to certain Indirect Hires (contractors) has been approved for signature by OSD and State. It will in due course be sent to US Embassy Brussels with authority to sign.

The Supplement allows us to propose componency status for certain -- not all -- indirect hires. Technical experts, troop care providers, university professors, persons who exclusively support the United States


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Update Continued:Belgium will not allow componency for someone who is ordinarily resident, who can claim componency through dependency status, or who is exercising a function that can be served through a local hire.

Effects on AFCU:


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Welcome Aboard:

Captain Chris Wurst is the incoming USAREUR/266th FMC Credit Union Liaison

266th Financial Management Center266th Financial Management Center

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Questions????

266th Financial Management Center266th Financial Management Center

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