United Services Automobile Association

United Services Automobile Association (USAA) is an American financial services company headquartered in San Antonio, Texas. Founded in 1922 by a group of U.S. Army officers, its core mission is to facilitate the financial security of its members, associates, and their families. USAA operates as a privately held, member-owned organization, exclusively serving current and former members of the U.S. military and their eligible family members.

USAA offers a comprehensive suite of financial products and services, including auto, home, renters, life, and health insurance. Beyond insurance, it provides banking services such as checking and savings accounts, credit cards, loans, and mortgages. The company also extends financial planning and retirement solutions, tailoring its offerings to meet the unique needs of the military community.

In recent leadership changes, Juan C. Andrade was appointed President and Chief Executive Officer of USAA, effective April 2, 2025. The company reported a strong financial performance in 2025, with its net worth increasing by nearly 20% to $38.6 billion. USAA returned a record $3.8 billion in financial rewards to its members in 2025 and provided nearly $450 million in government shutdown relief. Notably, USAA Federal Savings Bank returned to profitability in 2025 after several years of losses.