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-PC Follies
USAA Announces 3-Year, $50 Million Commitment to Advance Racial Equality
2020-11-25
[USAA] SAN ANTONIO — USAA has committed $50 million to nonprofit organizations over the next three years to help improve racial equality and positively address the employment, educational and economic disparities that exist within communities of color and low-income military communities. The goal of our targeted contributions is to help close gaps across education and job training, employment and income disparity.

"At USAA, we strive to create an environment where all employees feel like they truly belong and have the opportunity to reach their full potential," USAA President and CEO Wayne Peacock said. "This commitment extends to the communities in which we live and work. It’s our mission to care for military families, a community that reflects our nation’s racial, social and economic diversity — and the complex issues that come with it. We recognize that there is more USAA can do to help close inequality gaps, and these investments are a fundamental part of our efforts."
Posted by:Besoeker

#15  And I'm sure every customer whose claim had just been rejected is just peachy.
Posted by: swksvolFF   2020-11-25 17:04  

#14  $4+operating expenses is more than what they would have got by asking instead of taking.

Cost each member a lunch, so the next time they eat they might get yelled at by Blamtifa.
Posted by: swksvolFF   2020-11-25 13:17  

#13  Take it from the board's emoluments.
Posted by: Bright Pebbles   2020-11-25 12:50  

#12  According to their website, USAA has over 13 million members. This means that the 50 mil for wokeness is less than $4/member. They also returned $280 mil to members as rebates on their policy premiums.
USAA member for almost 50 years, even though I worked for GEICO for 11.
Posted by: Rambler in Virginia   2020-11-25 11:52  

#11  /\ Good question. Second question, how does this woke, take-a-knee bullshi* impact our 'soon to be deposited' subscriber savings dividend ?
Posted by: Besoeker   2020-11-25 11:39  

#10  I'd wonder how much of my premium is an overcharge for this kind of petty money burning a hole in someone's pocket.
Posted by: swksvolFF   2020-11-25 10:47  

#9  So management contends that the company until now has been racist? Or do they refer to the DoD?
Posted by: trailing wife   2020-11-25 10:24  

#8  Time for a shareholder's revolt and lawsuits for fiscal irresponsibility.
Posted by: Rob Crawford   2020-11-25 10:08  

#7  USAA sells insurance to military, discharged, retired and their families. They probably sell to the general public by now. This will go over well w/ their targeted customer base.
Posted by: Ulavirong Omeager2818   2020-11-25 09:51  

#6  Danegeld
Posted by: Black Charlie Elmusoque9657   2020-11-25 09:31  

#5  "At USAA, we strive to create an environment where all employees feel like they truly belong and have the opportunity to reach their full potential," USAA President and CEO Wayne Peacock said.

Whatever that bullshit's supposed to mean. I guess USAA doesn't have any shareholders from whom Wayne-o should receive at least tacit support from before pissing $50 mill away.
Posted by: Raj   2020-11-25 08:42  

#4  ^^^ banking and insurance if that tells you anything.
Posted by: Chris   2020-11-25 08:15  

#3  WTF is USAA? I thought that was the Army Aircorps but they've been gone for a long time.
Posted by: AlanC   2020-11-25 08:12  

#2  Remember O'Sullivan's 1st Law
Posted by: Sonny Black   2020-11-25 07:55  

#1  Fuck USAA
Posted by: Mad Eye Angonter1301   2020-11-25 07:35  

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