USAA

USAA is a financial services company in the United States that serves military members, veterans and their families. The name stands for United Services Automobile Association.

The company says it was founded on military values. For more than 100 years, it has served active, separated and retired military and their families. It says one in four of its employees has served in the military or is a military spouse. Membership may be open to people who are on active duty, in the Reserves or veterans, and to some spouses, parents and grandparents of members.

Insurance is a core business. Vehicle cover includes auto, motorcycle, ATV, RV and motorhome, boat, bicycle and e-bike, classic and collector car, and aviation. Property cover includes renters, homeowners, condo, landlord, personal property, flood, mobile home and collectibles. USAA also sells life insurance, health insurance, Medicare plans, long-term care, umbrella, business insurance, overseas insurance, pet, travel and event cover.

The banking side offers checking, savings, youth accounts, certificates of deposit and credit cards. It also provides auto, personal, RV, motorcycle and boat loans, and home mortgages. Members can use a mobile app to deposit checks, pay bills and move money. The company says members can use more than 100,000 preferred ATMs.

For retirement and investing, USAA offers annuities, IRAs and rollovers, brokerage and trading, mutual funds, a 529 education plan and financial planning. It also publishes advice articles on retirement, military life and leaving the military.

The company supports community work on military family resilience. With partners, it founded Face the Fight, an effort to reduce veteran suicide.

Services

• Aviation insurance
• Auto insurance
• Property insurance
• Life insurance
• Banking
• Loans and mortgages
• Retirement planning
• Investing