Comments on: America’s good bank http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/ The Global Middle Tue, 18 Jun 2013 21:27:08 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: gfhermes http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-617 gfhermes Tue, 31 Jan 2012 18:20:52 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-617 A great article; however, the author is incorrect when he states that USAA "...does business only with current and former members of the military and their families." The company also accepts current and former members of the US Foreign Service aka US diplomats. A great article; however, the author is incorrect when he states that USAA “…does business only with current and former members of the military and their families.” The company also accepts current and former members of the US Foreign Service aka US diplomats.

]]> By: loosehorse http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-616 loosehorse Tue, 31 Jan 2012 02:20:40 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-616 Let none of us forget that the success of USAA lies in the fact that this company's customer are all on the federal payroll (a socialist model) w/ very regular & perdictable income and near zero risk of capital or time. So USAA does not operate in the real world, but has cherry picked it clients, thus it appears to be better, than it actually is! Let none of us forget that the success of USAA lies in the fact that this company’s customer are all on the federal payroll (a socialist model) w/ very regular & perdictable income and near zero risk of capital or time. So USAA does not operate in the real world, but has cherry picked it clients, thus it appears to be better, than it actually is!

]]> By: virtualchoirboy http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-615 virtualchoirboy Tue, 31 Jan 2012 01:25:47 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-615 I've "only" been with USAA for 20 years, but now bank with them in addition to home and auto insurance. I switched from my local bank for their Teen Checking and Youth Savings for my kids and Deposit@Home for me. No more running to the bank to deposit checks, no more ATM fees for the rare times I need an ATM, better than average credit card rates, and online access for everything. Add in top notch customer service for the few times I have to call (and always get people I can understand - no foreign call centers, thank you very much) and I doubt I'll ever bank anywhere else. I’ve “only” been with USAA for 20 years, but now bank with them in addition to home and auto insurance. I switched from my local bank for their Teen Checking and Youth Savings for my kids and Deposit@Home for me. No more running to the bank to deposit checks, no more ATM fees for the rare times I need an ATM, better than average credit card rates, and online access for everything. Add in top notch customer service for the few times I have to call (and always get people I can understand – no foreign call centers, thank you very much) and I doubt I’ll ever bank anywhere else.

]]> By: Heylookatme http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-614 Heylookatme Mon, 30 Jan 2012 20:03:56 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-614 Hey great article... it's time we educate the public about banks that are actually doing what they are suppose to. USAA is great but not the best. Look up Union Bank, possibly the best bank in the US. Hey great article… it’s time we educate the public about banks that are actually doing what they are suppose to. USAA is great but not the best. Look up Union Bank, possibly the best bank in the US.

]]> By: kmw26 http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-613 kmw26 Mon, 30 Jan 2012 16:12:48 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-613 USAA rocks! The banking, web bill pay, insurance--all in one spot. And I never miss having a bricks & mortar institution. They make it very easy to do deposits, etc. I do have little savers accounts thru a local, small bank in order to teach my children about saving money. Totally agree this should be a model for other US institutions. They send me money every holiday season b/c due to low claims they made extra money--hello, what other corporate giant would do that?!? USAA rocks! The banking, web bill pay, insurance–all in one spot. And I never miss having a bricks & mortar institution. They make it very easy to do deposits, etc. I do have little savers accounts thru a local, small bank in order to teach my children about saving money. Totally agree this should be a model for other US institutions. They send me money every holiday season b/c due to low claims they made extra money–hello, what other corporate giant would do that?!?

]]> By: jlmccreery http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-612 jlmccreery Mon, 30 Jan 2012 08:08:21 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-612 The comment that "former military members, who the last time I checked weren’t considered European style socialists" misses a very important point. Historically members of the military have been recruited from conservative demographics. Once in the military, however, they live in the most socialist segment of American society. Where else do you find equal opportunity, genuine meritocracy, education, health care and even housing laid on at the taxpayers' expense? It is important to remember that the '50s idolized by current "conservative" demagogues were a time when virtually every male member of society had served in a conscript military where they learned to cooperate with people of other backgrounds and to watch each other's backs. "It's all about me." Not in the Army, baby. The comment that “former military members, who the last time I checked weren’t considered European style socialists” misses a very important point. Historically members of the military have been recruited from conservative demographics. Once in the military, however, they live in the most socialist segment of American society. Where else do you find equal opportunity, genuine meritocracy, education, health care and even housing laid on at the taxpayers’ expense? It is important to remember that the ’50s idolized by current “conservative” demagogues were a time when virtually every male member of society had served in a conscript military where they learned to cooperate with people of other backgrounds and to watch each other’s backs. “It’s all about me.” Not in the Army, baby.

]]> By: majkmushrm http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-610 majkmushrm Sat, 28 Jan 2012 16:54:23 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-610 I've been a member of USAA for 40 years. Their service and products are second to none but then again USAA is focused on providing services, not ensuring a high stock price or a 9 figure salary for the president. I’ve been a member of USAA for 40 years. Their service and products are second to none but then again USAA is focused on providing services, not ensuring a high stock price or a 9 figure salary for the president.

]]> By: Gordon2352 http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-609 Gordon2352 Sat, 28 Jan 2012 15:11:18 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-609 Obviously, the lesson to be drawn from this is that strict financial regulation is needed across the entire banking industry! PseudoTurtle CPA/MBA Obviously, the lesson to be drawn from this is that strict financial regulation is needed across the entire banking industry!

PseudoTurtle
CPA/MBA

]]> By: Pete_Murphy http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-608 Pete_Murphy Sat, 28 Jan 2012 14:04:31 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-608 As a 39-year member of USAA, I can attest to the quality and integrity of this company. I have never had anything but a good experience with their services. My insurance rates have never gone up following a claim. Claims are handled quickly and fairly. And their banking services are second to none. As a 39-year member of USAA, I can attest to the quality and integrity of this company. I have never had anything but a good experience with their services. My insurance rates have never gone up following a claim. Claims are handled quickly and fairly. And their banking services are second to none.

]]> By: steve778936 http://blogs.reuters.com/david-rohde/2012/01/27/americas-good-bank/#comment-605 steve778936 Sat, 28 Jan 2012 10:20:55 +0000 http://blogs.reuters.com/david-rohde/?p=424#comment-605 I've been a member of USAA for 40 years. They were the only financial institution set up to handle people overseas for many years, and they are still the best. In my opinion, the reason for the success of the company rests with the fact that the members are true 'shareholders'. We run the company for our benefit. We don't run it to achieve record-breaking corporate profits, or to ensure that the members of the board are in the top 10 of highly paid corporate executives. Despite the lack of emphasis on these banking standards, the company is profitable, has grown well and is highly respected. Point taken? I’ve been a member of USAA for 40 years. They were the only financial institution set up to handle people overseas for many years, and they are still the best. In my opinion, the reason for the success of the company rests with the fact that the members are true ‘shareholders’. We run the company for our benefit. We don’t run it to achieve record-breaking corporate profits, or to ensure that the members of the board are in the top 10 of highly paid corporate executives. Despite the lack of emphasis on these banking standards, the company is profitable, has grown well and is highly respected. Point taken?

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