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USAA Savings Bank Rates and Fees for Service Members SCRA Complaint

November 24, 2021

The Servicemembers Civil Relief Act (SCRA) is meant to help make up for some of the financial sacrifices that members of the US armed services make when they go to serve their country. The SCRA’s benefits include a cap on interest rates for service members of 6%. USAA Federal Savings Bank and USAA Savings Bank offer a Military Benefits Program the purportedly offers more generous benefits than even those the SCRA requires. But the complaint for this class action alleges that these banks in fact offer interest rates and fees that are higher than what they’re permitted to charge.

Case Event File: USAA Savings Bank Rates and Fees for Service Members SCRA Complaint

Related to: USAA Savings Bank Rates and Fees for Service Members SCRA Class Action