SelectQuote
Can you actually get “guaranteed” life insurance for $1 a day?
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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