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USAA was once the gold standard for military banking and insurance — built on honor, service, and trust. But after three federal enforcement actions, a $64 million settlement for overcharging servicemembers, and a complete executive shake-up, that reputation is collapsing fast. In this investigative report, I break down exactly how USAA — once respected by veterans and military families everywhere — ended up under a federal cease-and-desist order for “unsafe or unsound practices” in management, IT, and compliance. I’ll also share my own recent experience as a long-time member — a firsthand look at how the culture shift is being felt by the very people who built the company’s legacy. This isn’t opinion — it’s documented. The federal orders, the lawsuits, the member complaints — all linked below. Watch the full breakdown before you decide whether USAA still deserves your trust. — Ledger The Ledger Brief ⚖️ Sources: OCC Enforcement Order (Dec 2024): https://www.occ.gov/static/enforcemen... OCC News Release (Dec 2024): https://www.occ.gov/news-issuances/ne... Prior OCC Orders: https://www.occ.gov/static/enforcemen... | https://www.occ.gov/static/enforcemen... Military.com – $64.2M SCRA Settlement: https://www.military.com/daily-news/2... Compliance Week – Third OCC Order in Five Years: https://www.complianceweek.com/regula... 💬 Have your own USAA experience? Comment below — I’m compiling viewer accounts for a follow-up report. #USAA #BankingScandal #ConsumerProtection #Veterans #Investigation #OCC #Banking #Insurance #FederalOrder #MilitaryFinance #VeteransBenefits #LedgerInvestigates #FinancialAccountability