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USAA dinged for failing to fix AML, IT, third-party oversight shortcomings

Image of a parachute saying "USAA" on it.
Photo: Perry Knotts/Getty Images

According to the OCC, this order includes parts of prior orders issued in 2019 and 2022 with which USAA was not yet in compliance.

USAA Federal Savings Bank failed to address problems with its management, internal audit, information technology, and anti-money laundering compliance that had been subject to earlier enforcement actions, the Office of the Comptroller of the Currency (OCC) said.

This latest order supersedes previous directives from 2019 and 2022, and it focuses

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