FinCEN Indicts USAA Federal Savings Bank for Violating the Bank Secrecy Act
The Financial Crimes Enforcement Network (FinCEN) has announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations. As its customer base and revenue grew in recent years, USAA FSB......