Three credit unions, including the $353 million Air Force Federal Credit Union, the $16 billion Pentagon Federal Credit Union and the $54 billion Navy Federal Credit Union are ranked among the Top 5 Military Banking Institutions, according to a recent article by GoBankingRates.com.

Casey Bond, managing editor for GoBankingRates.com in Los Angeles, said the list of leading military FIs was compiled as part of the website's Financial Freedom series. She said selections were based on the types of services and programs offered.

"Our research revealed that not all financial institutions understand the unique challenges military members face, especially during deployment," Bond said. "Through our research we've noticed a lack of resources focused on offering financial products for military families and their specific needs, which is why we have created this list."

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