The Assemblies of God position paper on The Security of the Believer stands against the unconditional eternal security position and affirms the possiblity of apostasy from saving faith in Christ. Strangely, the paper claims that it takes a position between the two “extremes” of Calvinism and Arminianism,
In the matter of the security of the believer, The General Council of the Assemblies of God stands between the extreme positions of Calvinism and Arminianism. It accepts the scriptural elements found in both teachings.
The Calvinist stresses, rightly, God’s sovereignty and divine prerogative, while the Arminian stresses, also rightly, man’s free will and responsibility. The two positions, however, must be considered together if they are to be properly understood. The General Council of the Assemblies of God believes in the sovereignty and divine prerogative of God untainted by arbitrariness or caprice. It also believes in the free will and responsibility of man.
However, as one reads this quote and the paper as a whole, it becomes clear that it is nothing less than an accurate description of the Classical five point Arminian position on apostasy. It seems that the AG, along with so many others, did not fully understand the Arminian position on apostasy at the time the paper was written, perhaps confusing Arminianism with certain forms of Wesleyanism.
Thankfully, sites like SEA are going a long way towards clearing up misconceptions about Arminianism and helping many who thought they held some middle ground between Arminianism and Calvinism to realize that the middle ground they thought they held was actually fully Arminian. If you are not sure about what Arminianism actually entails, you might want to start by taking this short little assessment at SEA: