USAA Federal Savings Bank confirmed Feb. 2 that the company cut 130 positions from its real estate lending group, or about 1.6% of the bank’s total workforce, due to a slowing in the national housing market, said USAA spokesperson Brad Russell.

“In order to continue exceptional service to our members, we sometimes make hard business decisions to ensure we are adapting to our members’ needs and changes in the marketplace,” Russell said. “Sometimes that means investing more heavily in growth areas and scaling back or stopping work in others.”

Russell said the company is providing support to those who lost their jobs and is offering a “full suite of benefits, services and tools to help with the transition, including a paid transition period and career workshops.”

“In cases where employees are impacted, we treat them with care and dignity—and we often find positions for them elsewhere at USAA,” Russell said. “We will fully support and encourage eligible employees to apply for other open roles at USAA in the Bank, P&C, and Life companies.”

USAA was founded in 1922 by a group of military officers and is headquartered in San Antonio. The company—which provides insurance, banking and investment and retirement services and products—has offices in seven U.S. cities and three international locations, and currently employs about 36,000.