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To: thoughtomator

Banks are more highly leveraged and this vulnerable to a boycott than retail stores like Target or food processors like Kellogg. Especially when the bank is marketing to a niche market like the military, veterans, and their families. Their deposit base draws mostly from consumer deposits and their loans are mostly consumer based: auto loans and credit cards. If even 20 per cent of their depositors withdrew their funds, USAA would have a serious liquidity issue and would be forced to sell off their liquid assets and borrow at the Fed or money center banks.


9 posted on 05/30/2017 8:54:58 AM PDT by Wallace T.
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To: Wallace T.

USAA isn’t a normal bank and these tactics won’t work on it.


10 posted on 05/30/2017 8:59:59 AM PDT by thoughtomator
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