Incoming cadets have to submit a direct deposit form so that the DFAS can deposit excess stipend funds into a cadet's private bank account of their choosing. Right now I am with Chase. Is there any benefit in opening an account with PenFed? I know PenFed has multiple ATMs on post, but Highland Falls also has Chase. Also, it's much easier to find a Chase ATM everywhere else in the country than PenFed.