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Office of the Comptroller of the Currency (OCC) issues $60M penalty and cease and desist proceedings against USAA
OCC website ^ | 04/21/2022 | wardamneagle

Posted on 04/21/2022 3:00:43 PM PDT by wardamneagle

Couple of links at the URL.


TOPICS: Military/Veterans
KEYWORDS: banking; fincen; humblegunnerkaren; lazypost; usaa
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To: humblegunner

Lighten up Francis.


21 posted on 04/21/2022 3:25:03 PM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
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To: humblegunner

Why do you care?


22 posted on 04/21/2022 3:27:46 PM PDT by Born in 1950 (Anti left, nothing else.)
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To: PeterPrinciple

“...willfully failed to accurately and timely report thousands of suspicious transactions to FinCEN...”

Probably just GI’s juggling their meager funds. The filthy FinCEN is just another Union government entrapment agency.


23 posted on 04/21/2022 3:29:36 PM PDT by Bonemaker (invictus maneo)
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To: Born in 1950

Why do you not care?
Somebody deliberately lies to you and that’s just fine?


24 posted on 04/21/2022 3:30:30 PM PDT by humblegunner (Ain't drownin', Just wavin'...)
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To: Freee-dame
You have to have some relationship to a member of the US military to purchase it.

USAA is no better than the other insurers such as AAA, Allstate and State Farm that are scammers in their homeowners and auto insurance rates. The fact that they target veterans and their families is just an advertisement ploy.

A year ago when my insurance rates almost doubled, I got quotes from all three and their 6 month insurance quote was equal at the time to what I was paying for a year.

When my rates thru the then insurer skyrocketed, I found another insurance that not only was less than my new rates would have been but less than what I was paying at the time.......

Freemont Insurance, check them out........

25 posted on 04/21/2022 3:30:43 PM PDT by Hot Tabasco (I'm Jimmy Crack Corn and I don't care)
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To: ProtectOurFreedom
improving procedures to catch money laundering. But did they find a real crime such as money laundering for Mexican cartels?

Some of the biggest money laundering entities are leftist run foundations the DNC and non profits

26 posted on 04/21/2022 3:33:53 PM PDT by Mogger
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To: humblegunner

I’m Hugh Hefner...........


27 posted on 04/21/2022 3:35:47 PM PDT by Osage Orange (1961 VW Two Door Truck)
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To: ProtectOurFreedom

Of course not. It’s a procedural thing..you must obey the Union government’s diktats or else. It’s a no harm no foul thing just like most federal laws and regs.


28 posted on 04/21/2022 3:36:16 PM PDT by Bonemaker (invictus maneo)
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To: humblegunner

Perhaps he’s just sick of dealing with self-appointed arbiters of what is acceptable and what isn’t. You know, a “Karen”. Would you like to speak to the manager?

CC


29 posted on 04/21/2022 3:36:59 PM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: wardamneagle; markomalley; DYngbld; TADSLOS; xsrdx; big'ol_freeper; Mark17; mikefive; JDoutrider; ..

USAA ping.


30 posted on 04/21/2022 3:40:19 PM PDT by Jet Jaguar
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To: humblegunner

Again.. why do you care? It’s minutia. Tell me so I can care too.


31 posted on 04/21/2022 3:42:17 PM PDT by Born in 1950 (Anti left, nothing else.)
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To: Celtic Conservative

I don’t see how that would cause anyone to lie about being the author when she clearly isn’t.


32 posted on 04/21/2022 3:42:33 PM PDT by humblegunner (Ain't drownin', Just wavin'...)
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To: House Atreides

They were not diligent enough snitches for the government.


33 posted on 04/21/2022 3:54:54 PM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: Clay Moore

Thanks for that link. Any suggestion for an non-leftist insurance company?


34 posted on 04/21/2022 3:55:01 PM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: wardamneagle

I’ve been a member for over 30 years. In the last 10 years or so their service has plummeted. Every once in a while I see a post on a social media group of ex-navy officers about USAA. 60% are disgruntled and/or have left. I have a felling some of the woke DOD people have moved into leadership positions over there. It used to be a pretty good company - liberals ruin everything,.


35 posted on 04/21/2022 4:03:45 PM PDT by ALPAPilot
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To: wardamneagle

This is not a concern for any one using USAA.

It is simply around a penalty for not having a “proper” method to review transactions or entities who are on an official list of “suspicious persons.”

The Biden Administration may have been mad that it did business with either drug dealers (no, they like all such persons), or a MAGA supporter (much more likely).


36 posted on 04/21/2022 4:11:08 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: joma89

“Thanks for that link. Any suggestion for an non-leftist insurance company?”

I’m to the point of just finding some recommended independent local agent and going with them.

My last few dealings with USAA have soured my opinion of them beyond repair. They have millions of dollars to fund the woketards but can’t break loose a few dollars for a system that can take a 2 minute dashcam video?? I guess it’s a lot easier to call me a liar and listen to the real liars than to bother to share that their worthless system can’t accept a large file so they didn’t bother to look at it for 3 MONTHS!


37 posted on 04/21/2022 4:13:51 PM PDT by Clay Moore (Make Jan. 6 Ashli Babbitt Remembrance Day )
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To: eastexsteve

Post 10_
The honchos have screwed up.
Time 5o shift funds.


38 posted on 04/21/2022 4:21:24 PM PDT by ptsal (Vote R.E.D. >>>Remove Every Democrat ***)
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To: ALPAPilot
"I’ve been a member for over 30 years. In the last 10 years or so their service has plummeted."

Remind me again how long it's been since they started accepted enlisted ranks as clients?

I'm not disparaging enlisted men, it just a natural consequence of the decision to include a group who by and large are both younger and less educated than their established client base.

Not to mention vastly more numerous. And without soliciting the opinions of their existing clients.

39 posted on 04/21/2022 4:22:51 PM PDT by Paal Gulli
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To: humblegunner

Why do you care? Is it taking money out of your savings account? It gets tiresome seeing FR’s unofficial curmudgeon™️ whinging about stuff most people don’t spend 5 seconds worrying about. If it bugs you that much, approach Jim Robinson about being a moderator.

CC


40 posted on 04/21/2022 4:54:29 PM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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