Latest news with #JuanC.Andrade
Yahoo
23-05-2025
- General
- Yahoo
USAA's Poppy Wall of Honor returns to National Mall for 6th year to honor and remember fallen service members
As Americans prepare to observe Memorial Day, USAA's Poppy Wall of Honor® returns to the National Mall in Washington, D.C. for the sixth year. The temporary installation provides a space for remembrance and reflection while honoring the lives and impact made by the 600,000 military members lost in service to our country. USAA first installed the 134-foot Poppy Wall of Honor on the National Mall in 2018 and has since hosted more than 50,000 visitors from around the world who have not only taken away a new or refreshed understanding of the holiday but have shared their personal stories and reflections while there. In fact, many visitors return to the Poppy Wall each year to honor their fallen service member. 'Memorial Day holds a special place in the hearts of Americans as we unite to honor our fallen heroes. Let us remember the sacrifices they made, support their loved ones and cherish the freedoms our nation's service members have so bravely defended,' said Juan C. Andrade, President & CEO of USAA. 'This year marks the 80th anniversary of the conclusion of World War II and the 50th anniversary of the end of the Vietnam War. We must never forget the enduring cost of freedom and the profound impact these—and all—conflicts have had on our country.' The refreshed Poppy Wall of Honor focuses on the impact of each life lost and all they gave through their military service. Visitors will experience an enhanced and immersive experience centered around the poppy flower, the international symbol of remembrance, to include video features of those who've given their all for our country. What has not changed about the Poppy Wall of Honor is the poignant display of 600,000 poppy flowers – a combination of Veterans of Foreign Wars' Buddy® Poppies and The American Legion's Memorial Poppies. Ways to Honor and Remember This Memorial Day For those unable to visit the Poppy Wall of Honor in Washington, D.C., USAA is offering other ways that Americans can honor the day, including: Discover stories of the fallen with #PoppyInMemory and join the conversation to keep their memory alive. Wear a poppy on your shirt or lapel. Fly the American flag at half-staff until noon on Monday, May 26, to honor those who have fallen, and raise it to full staff through sunset to pay tribute to surviving veterans and those currently serving. Observe the National Moment of Remembrance at 3 p.m. local time on Memorial Day. Visit a local military memorial to honor the ultimate sacrifice of our nation's heroes. Visitors in Washington, D.C., can experience the Poppy Wall of Honor beginning at 12:00 p.m. ET on Friday, May 23, through 6 p.m. on Sunday, May 25. The full operating hours, location, additional information, and stories about Memorial Day can be found at About USAA Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and retirement solutions and serves 14 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, USAA has offices in eight U.S. cities and three overseas locations and employs more than 38,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook, Instagram or X (@USAA), or visit
Business Wire
20-05-2025
- General
- Business Wire
USAA's Poppy Wall of Honor® Returns to National Mall for Sixth Year to Honor and Remember Fallen Service Members
SAN ANTONIO--(BUSINESS WIRE)--As Americans prepare to observe Memorial Day, USAA's Poppy Wall of Honor® is returning to the National Mall in Washington, D.C. for the sixth year. The temporary installation provides a space for remembrance and reflection while honoring the lives and impact made by the 600,000 military members lost in service to our country. USAA first installed the 134-foot Poppy Wall of Honor on the National Mall in 2018 and has since hosted more than 50,000 visitors from around the world who have not only taken away a new or refreshed understanding of the holiday but have shared their personal stories and reflections while there. In fact, many visitors return to the Poppy Wall each year to honor their fallen service member. 'Memorial Day holds a special place in the hearts of Americans as we unite to honor our fallen heroes. Let us remember the sacrifices they made, support their loved ones and cherish the freedoms our nation's service members have so bravely defended,' said Juan C. Andrade, President & CEO of USAA. 'This year marks the 80th anniversary of the conclusion of World War II and the 50th anniversary of the end of the Vietnam War. We must never forget the enduring cost of freedom and the profound impact these—and all—conflicts have had on our country.' The refreshed Poppy Wall of Honor focuses on the impact of each life lost and all they gave through their military service. Visitors will experience an enhanced and immersive experience centered around the poppy flower, the international symbol of remembrance, to include video features of those who've given their all for our country. What has not changed about the Poppy Wall of Honor is the poignant display of 600,000 poppy flowers – a combination of Veterans of Foreign Wars' Buddy® Poppies and The American Legion's Memorial Poppies. Ways to Honor and Remember This Memorial Day For those unable to visit the Poppy Wall of Honor in Washington, D.C., USAA is offering other ways that Americans can honor the day, including: Discover stories of the fallen with #PoppyInMemory and join the conversation to keep their memory alive. Wear a poppy on your shirt or lapel. Fly the American flag at half-staff until noon on Monday, May 26, to honor those who have fallen, and raise it to full staff through sunset to pay tribute to surviving veterans and those currently serving. Observe the National Moment of Remembrance at 3 p.m. local time on Memorial Day. Visit a local military memorial to honor the ultimate sacrifice of our nation's heroes. Visitors in Washington, D.C., can experience the Poppy Wall of Honor beginning at 12:00 p.m. ET on Friday, May 23, through 6 p.m. on Sunday, May 25. The full operating hours, location, additional information, and stories about Memorial Day can be found at About USAA Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and retirement solutions and serves 14 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, USAA has offices in eight U.S. cities and three overseas locations and employs more than 38,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook, Instagram or X (@USAA), or visit
Business Wire
22-04-2025
- Business
- Business Wire
CORRECTING and REPLACING Strong Financial Performance Reflects USAA's Unwavering Commitment to Members and the Military Community
SAN ANTONIO--(BUSINESS WIRE)--Embedded link in first paragraph, first sentence was changed to The updated release reads: STRONG FINANCIAL PERFORMANCE REFLECTS USAA'S UNWAVERING COMMITMENT TO MEMBERS AND THE MILITARY COMMUNITY Association added 1 million new members and continued to serve the military community and their families through enhanced products and services, advocacy and community support. USAA today published its 2024 Annual Report to Members highlighting strong financial performance and growth, which demonstrate its longstanding commitment to serving the military community and their families. Last year, the association welcomed 1 million new members and empowered their financial security. 'USAA has served the military community and their families for more than a century, and we continue to demonstrate our commitment to delivering exceptional service and ability to evolve as our members' needs change,' said Juan C. Andrade, USAA's 12 th president and CEO who took the helm in early April. 'Our association is strong and 2024 brought record growth to our membership and strength to our balance sheet. We will build on that strength in the years to come, fulfilling our commitments to each member, while continuing our investments in innovative products and technologies that enable us to serve members better and more proactively.' USAA reported net income of $3.9 billion and improved its net worth to $32.1 billion, a 10% increase from 2023, further ensuring the financial strength necessary to serve members every day and through extraordinary events like Hurricanes Helene and Milton. Additionally, revenues increased by 14% to $48.6 billion as new and loyal members turned to USAA for insurance, banking and advice. Total assets grew by 4% to $221 billion, due in part to strong investment performance. 'In 2024, we delivered strong results, including continued profitability, thanks to our diversified business model and disciplined financial management,' added Andrade. 'USAA navigated numerous events that impacted members by managing with a long-term view of what's best for our association. With a solid capital foundation, we are well positioned to be there for members now and into the future.' Additionally, the report shares how USAA continued to go beyond exceptional service and product offerings to serve the military community and local communities where USAA team members live and work, including: $2.2 billion returned to members in distributions, dividends, and bank rebates and rewards. $4.3 billion paid in catastrophe-related claims. Enhanced service through more efficient processes, including reducing catastrophe claims processing from 14 days to seven days, on average, using advanced technology and process improvements. Launched USAA Eagle Express, a digital, term life insurance product designed to make life insurance more accessible by eliminating in-person medical exams. Helped members avoid costly repairs through the Connected Home and PreFix programs, which combine technology and home maintenance to detect and prevent issues before they cause costly damage or claims. Grew member enrollment in SafePilot®, USAA's behavior-based program, to more than 1.3 million members, which along with USAA SafePilot Miles™, offers members discounts on insurance premiums at renewal. USAA and its members also continued to serve local communities in 2024 by advocating for and supporting issues that matter the most to our military families. USAA employees logged 279,000 volunteer hours and donated $16.4 million, bolstered by USAA's dollar-per-dollar match, to their local communities. On Giving Tuesday alone, employees and retirees donated $16.4 million to local causes. Through $3 million in donations, USAA and its members provided food, shelter, cleanup and debris removal assistance to many impacted by Hurricanes Helene and Milton. Face the Fight®, launched in 2023 by USAA with founding partners Reach Resilience and the Humana Foundation, is estimated to save 6,500 veteran lives by 2032. Since its launch, Face the Fight has provided more than $25 million in philanthropic support to 52 critical suicide prevention projects, touching 134,000 people. To read the stories of how USAA supported its members and employees throughout 2024 and was a positive voice for change, visit About USAA Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and retirement solutions and serves 14 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, USAA has offices in eight U.S. cities and three overseas locations and employs more than 38,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or X (@USAA), or visit
Associated Press
22-04-2025
- Business
- Associated Press
Strong Financial Performance Reflects USAA's Unwavering Commitment to Members and the Military Community
SAN ANTONIO--(BUSINESS WIRE)--Apr 22, 2025-- USAA today published its 2024 Annual Report to Members highlighting strong financial performance and growth, which demonstrate its longstanding commitment to serving the military community and their families. Last year, the association welcomed 1 million new members and empowered their financial security. This press release features multimedia. View the full release here: USAA published its 2024 Annual Report to Members highlighting member and employee voices to recap the year. 'USAA has served the military community and their families for more than a century, and we continue to demonstrate our commitment to delivering exceptional service and ability to evolve as our members' needs change,' said Juan C. Andrade, USAA's 12 th president and CEO who took the helm in early April. 'Our association is strong and 2024 brought record growth to our membership and strength to our balance sheet. We will build on that strength in the years to come, fulfilling our commitments to each member, while continuing our investments in innovative products and technologies that enable us to serve members better and more proactively.' USAA reported net income of $3.9 billion and improved its net worth to $32.1 billion, a 10% increase from 2023, further ensuring the financial strength necessary to serve members every day and through extraordinary events like Hurricanes Helene and Milton. Additionally, revenues increased by 14% to $48.6 billion as new and loyal members turned to USAA for insurance, banking and advice. Total assets grew by 4% to $221 billion, due in part to strong investment performance. 'In 2024, we delivered strong results, including continued profitability, thanks to our diversified business model and disciplined financial management,' added Andrade. 'USAA navigated numerous events that impacted members by managing with a long-term view of what's best for our association. With a solid capital foundation, we are well positioned to be there for members now and into the future.' Additionally, the report shares how USAA continued to go beyond exceptional service and product offerings to serve the military community and local communities where USAA team members live and work, including: USAA and its members also continued to serve local communities in 2024 by advocating for and supporting issues that matter the most to our military families. To read the stories of how USAA supported its members and employees throughout 2024 and was a positive voice for change, visit About USAA Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and retirement solutions and serves 14 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, USAA has offices in eight U.S. cities and three overseas locations and employs more than 38,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or X (@USAA), or visit View source version on CONTACT: USAA [email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES OTHER CONSUMER WOMEN MEN VETERANS ASSET MANAGEMENT OTHER PROFESSIONAL SERVICES DEFENSE CONSUMER FINANCE SOURCE: USAA Copyright Business Wire 2025. PUB: 04/22/2025 09:16 AM/DISC: 04/22/2025 09:17 AM
