USAA Savings Bank Account Or Service Complaint

Other bank product/service Account opening, closing, or management

USAA Savings Bank account or service department,

Other bank product/service Account opening, closing, or management Michigan

My bank - USAA allowed a third party to do a complete takeover of my accounts. They were able to take $9000.00 in Home Equity loans, transfer them to my debit account, and make - Withdrawls of $400.00 in a single day from an ATM. They did not catch this fraud until I brought it to their attention. They also " lost '' $7000.00 of our money when it was transferred into a " Ghost '' account and did not apply the $ - to our Home Equity line of credit. 1 ) What kind of responsibility does USAA have to announce how many accounts this happened too? Wait time for fraud department went from - to 2 hours leading me to believe this is widespread. 2 ) It 's obvious Negligence when they do n't catch - transactions for $400.00 in a single day..do I have any options for redress due to their negligence? Myself and My wifes - name, birthday, Social Security number, and address are now in someone else 's control thru no


3 ) Has their ever been an Audit of USAA 's procedures? How can they " Lose '' $ - into a " Ghost '' account? I spent over 10 hours on the phone with them and ended up having to email - of their executives ... and their CEO multiple times before they realized their accounting error. Any assistance in this matter would be appreciated.

USAA Savings customer in Michigan
Aug 22, 2016

* Source: CFPB Complaint Database

USAA Savings response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3USAA SavingsComplaint HistoryComplaints3/20125/20127/20129/201211/20121/20133/20135/20137/20139/201311/20131/20143/20145/20147/20149/201411/20141/20153/20155/20157/20159/201511/20151/20163/20166/20168/201610/201612/20162/20174/201702.557.51012.515Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3USAA SavingsAccount opening, closing, or management65.7%15.0%15.6%3.1%0.6%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageAccount opening, closing, or management3.7%66.2%15.8%8.6%1.8%3.3%0.6%0.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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