Veteran Success / #4 in a Series of 4
Lastly, in my series on Veteran-owned entrepreneurial stories: USAA, founded by a group of Army officers
It may not be a huge surprise that USAA — a company that exclusively caters to military veterans and their families — was started by veterans. Interestingly though, it doesn't have just one founder. It has 25. Back in the 1920s, it was pretty hard for military service members to get (or keep) auto insurance, since it was either way too expensive or likely to get cancelled since they moved around so much.
So Maj. William Henry Garrison and 24 of his fellow Army officers got together in 1922 and formed their own mutual company to insure themselves, according to Encyclopedia.com. Today, the United Services Automobile Association is one of the most stable and best run companies in America, providing insurance, banking, and investment services to nearly 12 million members. Its members’ loyalty is legendary, with their devotion typically spanning generations. #Veteransaccelerator #Veteranbusinesses #USAA http://thndr.me/BQlZLz