|APY||ACCOUNT TYPE||ACCOUNT NAME|
|1.11%||5-year CD||5 Year CD - Super Jumbo|
1.75% - Ally Bank High Yield 5 Year CD
|0.96%||3-year CD||3 Year CD - Super Jumbo|
1.55% - Ally Bank High Yield 3 Year CD
|1.11%||6+ Year CD||7 Year CD - Super Jumbo|
1.55% - National Average
USAA Bank is the Texas-based banking component of the United States Automobile Association, a privately held financial services company offering an array of insurance, banking, investment, and lending products and services. The company’s target market and membership field is limited to members of the U.S. military and their immediate families. The company also has a history of superior credit and service ratings, in addition to its repeated recognitions by major publications for being one of the best companies to work for.
On its personal banking side, USAA Bank offers deposit and loan products to serve its members savings and lending needs. Checking, savings, Certificate of Deposit (CD) and IRA CD accounts are available, as well as auto, home, and personal loans. USAA’s checking accounts feature a free checking option that offers free mobile deposit, BillPay, funds transfers to and from any bank, and zero liability for unauthorized charges. The bank also has a secure checking account option that comes with a monthly fee in exchange for identity theft protection services and a World MasterCard debit card. The savings account offering has no monthly service fee and comes with a debit card that can be used at any ATM nationwide. Transaction fees garnered from non-USAA ATM partners are reimbursed up to a certain amount each month. The savings account also features free funds transfers and tiered interest rates that grow as the account balance reaches certain thresholds. Both the checking and savings account offerings come with USAA’s financial management software, MoneyManager, which helps track expenses and map out a budget.
Certificates of Deposit (CDs) and IRA CDs are also available and can be opened in term lengths ranging from 1 month to 7 years. CDs come in three forms: Variable, Adjustable Rate, and Fixed Rate, which allow for additional deposits, a one-time rate adjustment, and no additional deposits, respectively.
USAA Bank online banking provides a secure and versatile web-based system through which members can manage their deposit accounts, as well as other accounts they have with USAA. The Internet platform makes it easy to accomplish tasks like Bill Pay, mobile deposit, and funds transfers. USAA MoneyManager is the bank’s proprietary financial management system that gives members the ability to track their spending and budget. USAA’s mobile banking system consists of a mobile optimized website and mobile banking apps to make banking from a smartphone or tablet device easy and convenient.
USAA Bank was originally established as a federal savings bank with the FDIC in 1983 and is headquartered in San Antonio, Texas. The USAA group began after a group of Army officers insured one another when they could not obtain auto insurance due to their “high-risk” stereotype. Over 60 years later the banking component of the insurance company was started. USAA Bank serves its members through a limited number of financial service centers located across the country, as well as through online and telephone banking representatives.
I love USAA bank, it's the first and only bank so far in my life. I've anticipated in going to other banks but I think to myself why do I need to open up more bank accounts? They do everything I ask for, when I want my credit limit raised, they do it. When something goes wrong with my account, I call and it's fixed asap. It's a great bank for being an online bank. They hardly have any ATMs but they cover the first few withdraws (because of the fees) so that they are free for you each month (I forget how many they do a month). They don't have many brick and mortar banks but that's fine with me because I don't need to go in a bank, I just do everything online or on my phone. I love the deposit check from mobile feature, amazing.
The only downside I can think of is their savings account interest is low. But, that's completely common nowadays unfortunately. You'd be lucky to get 1% these days, and the only online bank I've seen that on is Ally bank, and that's the other bank I've thought about joining but I just don't feel the need to. These days savings accounts and their interest aren't what they used to be, and customers don't have much of an incentive to save money by putting it in a bank.
Overall, very happy with this bank!
I've been using USAA for over 11 years now. My experiences with them have been optimal on nearly every aspect. I use USAA for credit cards, car insurance, home insurance, checking account, savings account, and also as my investment account. The platform of USAA is really easy to go along with and their rates seems competitive to any bigger bank. There's typically 12 non-stop user access via online through talking to customer service. Speaking of customer service, their customer service is always on point. The representatives are always king, and are especially helpful in explaining things of uncertainty. When I was opening up my investment account with them, the representative made sure to go over nearly every thing I could possibly imagine, and the the portion that she was unfamiliar with she made sure to get the information for me, and I barely had to wait. The only drawbacks that I can truly think of with the online service is the fact that I have to go through so many security questions just to access my account, I also have slight concerns because of their wiring process. I found myself in a dilemma a few years back, when I needed to wire more than 4 times in the same month. But overall I am overwhelmingly happy with the service, and will continue to use them.
I have had a checking and savings account with USAA for many years, as does my husband. It's a great bank to be a part of, and the customer service is outstanding. Every time I call, every representative I talk to is very friendly, helpful, and has a caring demeanor. The only thing I really have to complain about is their overdraft fees. I know that overdraft fees are very typical with banks, however, as most USAA members are part of the military, they should be more lenient with the fee. Other than that one small complaint, USAA does an outstanding job with customer service, their online website and mobile app, as well as their products they offer.
I'm pretty new to USAA bank, but not to online banking. I only do my banking online and I hate to go into an actual bank to do my business. The last bank I was at had horrible banking, and I can say with confidence that USAA has a much smoother interface. I log in and get all the information I want to see right away. Security feels good. If I get my password wrong, you can be damn sure they'll hit me with some security questions.
Setting up my bank account was a little complicated because they are situated in Texas and I live in another state. My husband already had a bank account with them however, so he just called them up and helped me get it set up. I had my bank account the same day. My favorite things about this bank is I don't get charged for having an account, and you can set your savings account so that it will insure you don't get back draft fees if you forget how much you have in your checking account.
I have an online store, and I've had no problems getting money into my account. Everything works well.
|FDIC Certificate #||32188|
|Return on Assets - YTD||1.06%|
|Return on Equity - YTD||12.11%|
|Annual Interest Income||$818.9MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$75.06B$70.24B|
|Loans||Q1 2016vs Q1 2015||$44.79B$43.35B|
|Deposits||Q1 2016vs Q1 2015||$67.26B$63.00B|
|Equity Capital||Q1 2016vs Q1 2015||$6.47B$6.04B|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$761.1MM$697.6MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$426.5MM$435.4MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$4.2MM$5.5MM|
Always verify rates and promotions with the bank or credit union. We are not USAA Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.30%*||$50k*||-||USAA Performance First Savings|
|OTHER TIERS: 0.05% → Up to $10k | 0.20% → $10k - $25k | 0.25% → $25k - $50k|
|OTHER TIERS: 0.05% → Up to $5k | 0.10% → $5k - $10k|
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|1.11%||$95k||$175k||5 Year CD - Jumbo|
|1.11%||$95k||$175k||7 Year CD - Jumbo|
|1.11%||$175k||-||5 Year CD - Super Jumbo|
|1.11%||$175k||-||7 Year CD - Super Jumbo|
|1.06%||$1k||$95k||5 Year CD - Standard|
|1.06%||$1k||$95k||7 Year CD - Standard|
|1.00%||$95k||$175k||4 Year CD - Jumbo|
|1.00%||$175k||-||4 Year CD - Super Jumbo|
|0.96%||$95k||$175k||3 Year CD - Jumbo|
|0.96%||$175k||-||3 Year CD - Super Jumbo|
|0.95%||$1k||$95k||4 Year CD - Standard|
|0.91%||$1k||$95k||3 Year CD - Standard|
|0.90%||$95k||$175k||30 Month CD - Jumbo|
|0.90%||$175k||-||30 Month CD - Super Jumbo|
|0.86%||$95k||$175k||2 Year CD - Jumbo|
|0.86%||$175k||-||2 Year CD - Super Jumbo|
|0.85%||$1k||$95k||30 Month CD - Standard|
|0.81%||$1k||$95k||2 Year CD - Standard|
|0.81%||$95k||$175k||18 Month CD - Jumbo|
|0.81%||$175k||-||18 Month CD - Super Jumbo|
|0.76%||$1k||$95k||18 Month CD - Standard|
|0.76%||$95k||$175k||1 Year CD - Jumbo|
|0.76%||$95k||$175k||15 Month CD - Jumbo|
|0.76%||$175k||-||1 Year CD - Super Jumbo|
|0.76%||$175k||-||15 Month CD - Super Jumbo|
|0.71%||$1k||$95k||1 Year CD - Standard|
|0.71%||$1k||$95k||15 Month CD - Standard|
|0.71%||$95k||$175k||270 Day CD - Jumbo|
|0.71%||$175k||-||270 Day CD - Super Jumbo|
|0.66%||$1k||$95k||270 Day CD - Standard|
|0.61%||$95k||$175k||182 Day CD - Jumbo|
|0.61%||$95k||$175k||7 Month CD - Jumbo|
|0.61%||$175k||-||182 Day CD - Super Jumbo|
|0.61%||$175k||-||7 Month CD - Super Jumbo|
|0.56%||$1k||$95k||182 Day CD - Standard|
|0.56%||$1k||$95k||7 Month CD - Standard|
|0.50%||$95k||$175k||150 Day CD - Jumbo|
|0.50%||$175k||-||150 Day CD - Super Jumbo|
|0.48%||$95k||$175k||5 Year CD - Jumbo Adjustable Rate|
|0.48%||$175k||-||5 Year CD - Super Jumbo Adjustable Rate|
|0.48%||$95k||$175k||7 Year CD - Jumbo Adjustable Rate|
|0.48%||$175k||-||7 Year CD - Super Jumbo Adjustable Rate|
|0.46%||$250||-||182 Day CD - Variable Rate|
|0.46%||$250||-||1 Year CD - Variable Rate|
|0.45%||$95k||$175k||120 Day CD - Jumbo|
|0.45%||$175k||-||120 Day CD - Super Jumbo|
|0.43%||$1k||$95k||5 Year CD - Standard Adjustable Rate|
|0.43%||$1k||$95k||7 Year CD - Standard Adjustable Rate|
|0.36%||$95k||$175k||4 Year CD - Jumbo Adjustable Rate|
|0.36%||$175k||-||4 Year CD - Super Jumbo Adjustable Rate|
|0.35%||$95k||$175k||91 Day CD - Jumbo|
|0.35%||$175k||-||91 Day CD - Super Jumbo|
|0.31%||$1k||$95k||4 Year CD - Standard Adjustable Rate|
|0.30%||$1k||$95k||91 Day CD - Standard|
|0.22%||$95k||$175k||30 Day CD - Jumbo|
|0.22%||$175k||-||30 Day CD - Super Jumbo|
|0.17%||$95k||$175k||3 Year CD - Jumbo Adjustable Rate|
|0.17%||$175k||-||3 Year CD - Super Jumbo Adjustable Rate|
|0.12%||$1k||$95k||3 Year CD - Standard Adjustable Rate|
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|1.11%||$95k||$175k||5 Year IRA - Jumbo|
|1.11%||$175k||-||5 Year IRA - Super Jumbo|
|1.11%||$95k||$175k||7 Year IRA - Jumbo|
|1.11%||$175k||-||7 Year IRA - Super Jumbo|
|1.06%||$250||$95k||5 Year IRA - Standard|
|1.06%||$250||$95k||7 Year IRA - Standard|
|1.00%||$95k||$175k||4 Year IRA - Jumbo|
|1.00%||$175k||-||4 Year IRA - Super Jumbo|
|0.96%||$95k||$175k||3 Year IRA - Jumbo|
|0.96%||$175k||-||3 Year IRA - Super Jumbo|
|0.95%||$250||$95k||4 Year IRA - Standard|
|0.91%||$250||$95k||3 Year IRA - Standard|
|0.86%||$95k||$175k||2 Year IRA - Jumbo|
|0.86%||$175k||-||2 Year IRA - Super Jumbo|
|0.81%||$250||$95k||2 Year IRA - Standard|
|0.76%||$95k||$175k||1 Year IRA - Jumbo|
|0.76%||$175k||-||1 Year IRA - Super Jumbo|
|0.71%||$250||$95k||1 Year IRA - Standard|
USAA Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 10750 Robert F McDermott Fwy - San Antonio, TX 78288