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OCC Issues Comprehensive Cease and Desist Order Against USAA Federal Savings Bank

The Office of the Comptroller of the Currency (OCC) today issued a comprehensive cease-and-desist order (order) against USAA Federal Savings Bank (bank) to require the bank to correct a range of deficiencies. This order replaces prior cease-and-desist orders issued against the bank in 2019 and 2022.

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