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Please release a statement, addressing the USAA's potential exposure to the liquidity crunch, affecting many regional and systemically important banks. In such a statement, it would be prudent to state the percentage of your balance sheet, held in HTM treasuries, VC funding round capital, etc.
Well, I think that USAA does support the so call social awareness (wokeness). So, there may be some exposure to poor returns, if any returns at all. Yet, I suspect that I will have access to the funds, which I have with USAA. However, I hope the current financial situation severs as a warning of being concerned with making sound financial choices, instead of being concerned with hurting someone's feelings. Because, feelings can heal. But, lost funds are gone forever.
Nonetheless, I do agree that USAA should reach out to it's members, during this current financial climate.
As a comparison, Navy Federal Credit Union does offer a statement (https://www.navyfederal.org/about/presidents-message.html?intcmp=hp|cont|5|about|presmsg|[removed se...). However, I did have to look for it. But, it is a credit union. So, I am not concerned about any foolishness.
I do my banking at a local credit union. When I logged in today, the President of my credit union had a message on the home screen addressing what happened with those banks and assured us our credit union has no liquidity problems. USAA should have done this already.
Liquidity Crisis---This is needed ASAP. TY--USAA.