This site once again predicted when the rounds of layoffs would occur. I trust this site more than anyone in the C-Suite.
13 replies (most recent on top)
@v4+1jpnj263d
At least you can have a little laugh. So, the firm is requesting top talent from larger and more experienced financial institutions. That is so funny and good luck with that USAA. So many people were recruited from large firms to try and fix the mess USAA made, only to be ignored, belittled and let go. Now you will only get the grifters & climbers who stop by for the short run money grab, with no interest or care about sustainability. USAA will have no other choice but to OVERINVEST in their workforce now. Karma is a ......
Quite a few of the recent postings in the Bank side were looking for large financial institution experience
They just shifted bank marketing out of enterprise and into Bank proper. Along with other moves it does feel like they’re trying to create separation for a distinct entity. That or just keeping the cancer away from other organs.
@dg+1jpnj263d
How do you know that the bank is not being sold? From my experience on exiting portfolios/lines of business for sell off, this information is tightly under wraps until the ink is dry. Are you a part of the due dilligence and contract negotiations team?
Give the people what they want. Sell the bank, sell the bank, sell the bank.
I've to agree with your observation. Whatever discussed here has come true
The Bank IS NOT BEING SOLD. Stop the rumors. Stop the lies.
Nah, banks like Chase, BOA, Citibank (just to name a few) have the financial strength and regulatory experience to handle USAA’s compliance challenges. Truist and PNC bank would love to expand their national brand, acquiring USAA would significantly improve their status.
@Post ID: @an+1jpnj263d
You are either mo--n or naive. Try to read between the lines.
USAA Bank is shifting, but not in a good way.
Former Regions Bank employees are infiltrating, bringing their own culture.
Veterans, the backbone of USAA, are being pushed aside.
Slow changes, quiet policy shifts—nothing too obvious. It's all about profits now, not about serving those who served.
The values that built USAA are fading fast. Read between the lines: loyalty is no longer rewarded. USAA is becoming just another corporate bank—soulless and greedy.
Hit a like if you agree
Anyone who wants to acquire the bank has to agree to take on the Consent Order. I think there is a lot of good info on this site but that Regions rumor seems far fetched.
I highly doubt Regions Bank will take iver the bank
Somone on this site said before. Former Regions Bank staff will be taking over USAA FSB
I completely agree, it’s spot on every single time.