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Wednesday, April 8, 2026

San Antonio's USAA Bank under fire from former employee - San Antonio Express-News

A former USAA Federal Savings Bank employee has gone public with allegations that the bank “ripped off” customers and committed other financial crimes, charges the San Antonio institution calls “baseless.”

Lenn A. Ferrer, a former federal prosecutor and Navy lawyer who worked in USAA Bank’s compliance department from 2014 until he was fired in March 2020, says the bank violated laws meant to protect military members against certain lending practices.



Read Full Story: https://www.expressnews.com/business/article/Former-USAA-Bank-employee-whistl...