Lenn Ferrer worked in USAA Federal Savings Bank's compliance department from 2014 until he was fired in March 2020.
A former USAA Federal Savings Bank employee who accused the bank of committing financial crimes is now suing its parent company for defamation over comments it made to the San Antonio Express-News in response to his allegations. In a lawsuit filed May 22, Lenn A.
returns to a profit in 2023, a year after it reported first annual loss in nearly 100 years Ferrer, a licensed attorney who is representing himself in the litigation, filed the suit on the the second anniversary of the article’s publication in the Express-News’ print edition. It first appeared online May 20, 2022. The San Antonio insurance and financial services company has yet to file an answer to the lawsuit, but issued a statement.
Federal Savings Bank President Paul Vincent departing; search for his successor planned Ferrer also took issue with USAA’s statement to the newspaper that he “was placed on administrative leave” in February 2020 “for inappropriate and threatening comments and made to co-workers, including reference to firearms.” “This is a blatant misrepresentation and is nowhere referenced in Ferrer’s ‘separation’ email,” his complaint says.
San Antonio Express-News Express-News Federal Savings Bank Circuit Court Office Of The Comptroller Of The Currency Navy Lenn A. Ferrer Paul Vincent Kate Gallivan San Antonio St. Johns County Florida Military Lending Act Compliance Week
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