Finance Corps
U.S. Army Finance DUI.jpg
Active16 June 1775 – present[1]
Country United States of America
Branch
Emblem of the United States Department of the Army.svg
United States Army
Motto(s)"To Support and Serve"
EngagementsAmerican Revolutionary War
American Civil War
World War I
World War II
Korean War
Vietnam War
Operation Desert Storm
Operation Enduring Freedom
Operation Iraqi Freedom
Commanders
Current
commander
COL Paige M. Jennings
Insignia
Branch Insignia
USA - Army Finance Corps.png

The United States Army Finance Corps is a combat service support (CSS) branch of the United States Army. The Finance Corps traces its foundation to 16 June 1775, when the Second Continental Congress established the office of Paymaster General of the Army.[1] The Pay Department became a separate department in 1816, and the Finance Department was created by law on 1 July 1920.[2][1] It became the Finance Corps in 1950.[3] It is responsible for financial operations, most notably payroll and resource management.

Finance Corps units

Corps-level financial management formations exist in Europe, South Korea, and at Fort Bragg, North Carolina, and at Fort Hood, Texas.

The 18th Financial Management Support Center (18 FMSC) provides financial management services to the units of the XVIII Airborne Corps. It is based at Fort Bragg (North Carolina) and its higher headquarters (HQ) is the 1st Theater Sustainment Command (1st TSC)Fort Bragg, North Carolina. The 18th FMSC is responsible for the 24th Financial Management Company (FMCO), the 33rd FMCO, the 82nd FMCO, the 101st FMCO, and the 126th FMCO.[4] The mission of the 18th Financial Management Center is:[5]

In early 1998 the Commanding General of United States Army Forces Command approved a request from the CG, XVIII Airborne Corps to combine the 18th Finance Group and the 18th Personnel Group (Airborne); to establish a provisional 18th Soldier Support Group (18th SSG) at Ft. Hood; to form SSBs at Forts Stewart, Drum and Campbell; and, to combine the two remaining Finance Battalions at Ft. Bragg.[6] The General Officer Steering Committee (GOSC) did not support the XVIII consolidations as proposed. This decision was made without the benefit of the TRADOC force development process which was Phase 2 of the Service to the Soldier Study. It was not a foregone conclusion that SSBs and SSGs would be implemented Army-Wide. FORSCOM and XVIII Airborne Corps were forging ahead of the Soldier Support Institute study as it was expedient to do so due to the impending force reductions.

Other higher finance formations include:[5]

Battalions and sections

Army Reserve & National Guard

List of commanders

This list is incomplete; you can help by adding missing items. (June 2021)
No. Commanding General Term
Portrait Name Took office Left office Duration
-
David C. Coburn
Major General
David C. Coburn
March 2016October 25, 2019~3 years, 238 days
-
Mark S. Bennett
Brigadier General
Mark S. Bennett
October 25, 2019[9]May 7, 2021[10]1 year, 194 days
-
Barry W. Hoffman
Barry W. Hoffman
Acting
May 7, 2021July 15, 202169 days
-
Paige M. Jennings
Colonel
Paige M. Jennings
July 15, 2021[11]Incumbent1 year, 251 days

References

  1. ^ a b c "Finance Corps". www.globalsecurity.org. Retrieved 15 April 2021.
  2. ^ "History of the Finance Corps". 12 June 2008. Archived from the original on 12 June 2008. Retrieved 15 April 2021.
  3. ^ "History of the Finance Corps". Archived from the original on 12 June 2008. Retrieved 5 January 2009.
  4. ^ 18th FMC, Internal Control, accessed 31 July 2008
  5. ^ a b "Kredimi Hesapla".
  6. ^ Globalsecurity.org, accessed July 2008
  7. ^ Craig Turpin, 'Over 30 years service to U.S.', Somerset Reporter (NJ), 25 June 2008
  8. ^ "J.D.'s Soapbox". Archived from the original on 16 February 2012. Retrieved 24 December 2012., accessed July 2008
  9. ^ "Bennett takes command of realigned USAFMCOM". DVIDS.
  10. ^ "Bennett to relinquish command of USAFMCOM today". U.S. Army Financial Management Command.
  11. ^ "Jennings assumes command of USAFMCOM". DVIDS.