Class Action

USAA Interest-bearing Accounts

Class Action

USAA Interest-bearing Accounts


Case Name (Date)

Bulls et al. v. USAA Federal Savings Bank and USAA Savings Bank
21-cv-488, E.D.N.C.
(Nov. 2021)


Product/Service

Interest-bearing accounts


Allegations

Marketing itself as a bank that is dedicated to military members, veterans, and their families when the bank charges them interest rates and fees that are so high they violate federal law and the bank’s own military benefits program


Status

Settled
(Preliminarily approved)



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