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In April, a federal grand jury in Louisiana indicted 21 people involved with stealing nearly $7 million from USAA customers — particularly the accounts of older individuals with high bank balances.
Starting in 2019, USAA has also faced a number of fines — $3.5 million over customer-related violations, $85 million over compliance and management issues and $140 million over weak protections ...
USAA, the financial services company serving military personnel and their families, will pay $62.4 million to resolve a lawsuit claiming it overcharged service members and veterans on interest ...
A private company, USAA ranks at No. 103 in the Fortune 500. For 2023, the company reported a net income of $1.2 billion and increased its net worth 6% year over year, reaching $29.1 billion.
In 2008, USAA expanded membership eligibility to all military personnel and retirees, and all veterans who separated after 1996. For a short time, USAA also offered enrollment for federal law enforcement. [25] In November 2009, USAA expanded eligibility requirements to offer coverage to anyone who has ever served honorably in the US Military.
at usaa, for decades there was a saying, "when the economy does sucks usaa does great, when the economy does great usaa does okay." goes back to the conservative investment approach of the company. 70.123.141.129 ( talk ) 13:04, 25 August 2024 (UTC) [ reply ]
In September 2006, Todd wrote in a Yahoo Real Estate article, "You can't go anywhere without hearing people talk about 'the real estate bubble.' Such talk drives me to distraction, and I'll tell you why. It's because there is no real estate bubble. Bubbles are for bathtubs." [31] In the Fall 2007 issue of USAA Magazine, an article titled "Real ...
Koenig is a New York USAA member who is also a vocal critic of USAA's Capital Structure. Robert G. Davis of USAA obtained a Texas order compelling Koenig to pay Robert G. Davis $40,000 for writing ascerbic commentary about the $5 billion USAA holds in "unassigned surplus". This is the story of how Davis enforced his order.