USAA Federal Savings Bank is making cuts to its real estate lending division, eliminating 130 positions. The move comes as the bank looks to streamline its operations and focus on its core businesses.
The bank will be providing severance packages and outplacement assistance to those affected by the cuts. USAA says that it will continue to serve its members and customers through its remaining real estate lending team.
USAA Federal Savings Bank is making cuts to its real estate lending division, eliminating 130 positions. The move comes as the bank looks to streamline its operations and focus on its core businesses.
The bank will be providing severance packages and outplacement assistance to those affected by the cuts. USAA says that it will continue to serve its members and customers through its remaining real estate lending team.
You can read this full article at: https://www.housingwire.com/articles/usaa-federal-savings-bank-cuts-130-positions-in-real-estate-lending/(subscription required)
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