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US OCC issues order against USAA Federal Savings Bank

( December 18, 2024, 20:45 GMT | Official Statement) -- MLex Summary: The US Office of the Comptroller of the Currency announced a comprehensive cease-and-desist order against USAA Federal Savings Bank to require the bank to correct a range of deficiencies. The order replaces prior cease-and-desist orders issued against the bank in 2019 and 2022.Statement follows in full. Also see attached file. ...

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