Support Local Journalism, Join the SA Current Press Club.

San Antonio-Based Banking Giant USAA to Make $30M Donation to Military Family Relief Programs 

TWITTER / USAA
  • Twitter / USAA
San Antonio-based financial services giant USAA will make a $30 million donation — the largest in its history — to benefit military families struggling during the COVID-19 pandemic.

The donation, announced Friday, will be parceled out to 24 organizations that assist with financial emergencies, virtual schooling costs and college educational expenses via emergency grants and no-interest loans.



“Caring for military families is our passion, whether it’s through serving our members or supporting military-related causes,” USAA President and CEO Wayne Peacock said in a release. “We hope this contribution provides vital, long-lasting support to the military community at a time when they are essential to our nation’s recovery efforts.”

Recipients of the grants and loans will include U.S. military aid organizations such as the Navy-Marine Corps Relief Society, Air Force Aid Society and the American Red Cross Service to the Armed Forces.

Stay on top of San Antonio news and views. Sign up for our Weekly Headlines Newsletter.

Support Local Journalism.
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the San Antonio Press Club for as little as $5 a month.

Read the Digital Print Issue

October 20, 2021

View more issues

Newsletters

Join SA Current Newsletters

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2021 San Antonio Current

Website powered by Foundation