The company attributed its reduced income to devastating catastrophes, including Hurricanes Florence and Michael and California wildfires.
The Dimmick Diaries has learned that financial services behemoth USAA aims to purchase a building it previously owned, over the wishes of a group of nuns.
USAA was ranked the best among 60 banks in the U.S. based on a survey of 40,000 customers around the world. A German bank was named best in the world.
One potential buyer of the AT&T building is the neighboring private university that occupies the north corner of Broadway and Hildebrand Avenue.
The 2019 tour of The Wall That Heals, a replica exhibit of the Vietnam Veterans Memorial, will begin Feb. 28 in San Antonio and visit 34 communities during the year.
USAA employees, about 19,000 of whom are based in San Antonio, will receive 14.8 percent of their annual salary in a payout Feb. 7.
The San Antonio-based financial services giant has made the donation to Coast Guard Mutual Assistance, which will offer no-interest loans to Coast Guard members.
Victory Capital, which is acquiring USAA’s Asset Management Company, is relocating its corporate headquarters to San Antonio.
In the past, USAA offered furloughed federal employees and others affect by shutdowns no-interest loans to cover expenses until paychecks come.
USAA Federal Savings Bank will pay $15.5 million in a settlement with the Consumer Financial Protection Bureau (CFPB), which charged the San Antonio-based financial institution with violating banking and consumer protection laws.