Posted on 04/27/2024 3:14:33 AM PDT by iontheball
Now John Eastman, one of the attorneys who worked with former President Donald Trump, has been debanked by both Bank of America and USAA.
That USAA debanked Eastman for his ties to the 2020 election contest comes as a surprise. USAA — now an insurance, financial services, and banking powerhouse headquartered in San Antonio, Texas — got its start in 1922 as a mutual self-insurance company for Army officers. Its clientele is mostly service members, veterans, and their families, with membership limited to those who can show a military tie. That means that, per a 2019 Pew Research poll, its customers are center-right, with 59 percent of veterans identifying as Republican versus only 39 percent of veterans who are Democrats. In other words, USAA’s customers voted overwhelmingly for Trump.
(Excerpt) Read more at thefederalist.com ...
The average monthly cost for all USAA auto policies issued in Alabama in 2023
I picked up auto with ALFA, full coverage for $58 and change.
Kind of like the AARP is an organization for retired people. SARCASM.
“Maybe Ken Paxton can take a look into USAA’s practices.”
That’s a great idea! He’s good about tamping down nonsense there in TX.
bkmk
ditto
Post 10- thank you.
Great outfit when I first joined in 1979.
They became too successful.
They had loads of cash laying around.
They decided they needed to do something with that money.
They started to hire more employees that were not needed.
They started to become a social services organization instead of an insurance company for military Officers.
Then, the board started to worry about everyone but their customers.
They needed to make San Antonio better for themselves and the employees.
They built a theme park in San Antonio.
They built a retirement community in San Antonio.
They went into the stock market.
They started to hire executives with little to no military experience.
They panicked over the military drawdown.
They opened up membership to Enlisted personnel.
They spent money like crazy on advertising.
The board loaded up with women who wanted to use the resources of USAA for their personal political and social goals.
Recently, the board decided to use the member’s money to hand out to their chosen sad stories.
USAA is no longer focused on being a low cost, quality auto insurance provider.
The board members need to resign and go to work for philanthropy organizations.
The new board members need to clean out the executives and focus on one thing: providing quality, low cost auto insurance to their members.
USAA did that? Guess I need to move my annuity out of there.
It decades past that time. Our failure to do that over 20 years ago is why the rot has gotten this far.
Navy Federal is not woke.
I know several employees, there.
I HOPE thousands of veterans and current military members leave both of those banks. It would certainly show them that their actions have consequences.
They also took $50 million of members money and gave it to terrorist organizations like BLM.
I have gotten quotes from them for auto and home insurance.
They are always the highest quote in the bunch.
By a longshot.
Great outfit when I first joined in 1979.
_________________________________
My membership began in ‘70, fresh out of OCS, Basic School. My how things have gone to rot since then. You sound like you have kept closer tabs on the company than I have. It’s another sorry example of devolution by useful idiots who came along after veterans came up with a great idea to serve fellow veterans by founding a once great insurance company.
Same here. They are never the cheapest anymore. All I have with them is a credit card since they sold off their brokerage business.
Looks like the banks are the real government.
When I joined USAA in 1982, you had to be an officer to join. Then, later on, they decided to allow enlisted to join. That’s when it started going to sh*t. I’m also a member of Navy Federal Credit Union. Looks like I’ve got some soul searching to do. I won’t put up with any company that plays politics with their business. This sh*t is for the birds.
Well, looks like I may be doing just that soon. Shame really....
This kind of story makes me feel sick.
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