USAA Federal Savings Bank

Headquarters

10750 Mcdermott Freeway
San Antonio, TX 78288
See all branch locations →

Phone 800 531 8722

Notable Rates APY Vs.Others
Savings N.A. 1.65% →
1-Year CD N.A. 2.02% →
2-Year CD N.A. 3.00% →
5-Year CD N.A. 3.35% →
30-Year Mortgage 7.63% 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

USAA Federal Savings Bank is an FDIC insured institution located in San Antonio, TX. It was founded in 1983 and has approximately $117.38 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32188
Date Established 1983
Assets $ 117.38 billion
Loans $ 38.02 billion
Deposits $ 105.07 billion
Capital $ 8.98 billion
 

For a more detailed analysis of USAA Federal Savings Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - June 27, 2022

Your Current Location: Virginia, VA 20146

Online Only CD Rates of USAA Federal Savings Bank

Online CD Rates APY MIN MAX
6 Mo CD 1k
0.03% $1,000 - Learn More
12 Mo CD 1K
0.03% $1,000 - Learn More
18 Mo CD
0.03% $1,000 - Learn More
24 Mo CD
0.03% $1,000 - Learn More
36 Mo CD
0.03% $1,000 - Learn More
48 Mo CD 1K
0.06% $1,000 - Learn More
60 Mo CD 1K
0.06% $1,000 - Learn More
Checking Rates APY MIN FEE
Classic Checking 0.01% $0 $0.00 Learn MoreShow Less

Bank Online Offers

 

Loan Rates - June 27, 2022

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 5.90% 5.90% $759.42
4 Year 5.90% 5.90% $585.98
5 Year 5.90% 5.90% $482.16
Refinance Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

USAA Federal Savings Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


USAA Federal Savings Bank Locations



Climate Initiatives

USAA Federal Savings Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

USAA Federal Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of USAA Federal Savings Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
USAA Federal Savings Bank U.S. Bank Average
14.89% 3.95%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2021, USAA Federal Savings Bank had $1,447,929,000 in non-current loans and $1,531,000 in owned real estate. To cover these potential losses it had $8,980,074,000 in equity and $755,503,000 in loans loss reserves. That gives it a Texas Ratio of 14.89%.

Return on Equity
USAA Federal Savings Bank U.S. Bank Average
-4.14% 10.50%

USAA Federal Savings Bank has a Return on Equity of -4.14% versus the BestCashCow average of 10.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
USAA Federal Savings Bank U.S. Bank Average
7.65% 11.55%

USAA Federal Savings Bank has a Capitalization of 7.65% versus the BestCashCow average of 11.55. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

USAA Federal Savings Bank Balance Sheet Analysis

As of December 31, 2021, USAA Federal Savings Bank had assets of $117,378,701,000, loans of $38,019,272,000, and deposits of $105,070,590,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 10.78 billion
Interest-bearing balances $ 9.46 billion
Total securities $ 66.65 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 38.02 billion
Loan loss allowance $ 755.50 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.53 million
Goodwill and other intangibles $ 397.71 million
All other assets $ 1,517.25 million
     Total Assets $ 108.40 billion
LIABILITIES
Total deposits $ 105.07 billion
      Interest-bearing deposits $ 102.13 billion
      Deposits held in domestic offices $ 105.07 billion
      % insured (estimated) 91.77%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 897.05 million
Subordinated debt N.A.
All other liabilities $ 2.43 billion
      Total Liabilities $ 108.40 billion
      Shareholders’ Equity $ 8.98 billion

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 3.47 billion
Total Interest Expense $ 76.96 million
Net interest income $ 3.40 billion
Provision for loan and lease losses N.A.
Total non interest income $ 2.12 billion
Total non interest expense $ 6.12 billion
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in USAA Federal Savings Bank’s loan portfolio are Consumer Auto Loans, Credit Card Loans, and 1-4 Family Residential Loans.

Compared to other banks in Texas, USAA Federal Savings Bank has a significantly higher percent of Credit Card Loans, Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 12.57
Multifamily
Mortgages
0.00
Credit Card Loans 38.07
Consumer Auto Loans 39.92
Small Business Loans 0.00
Construction and Development Loans 0.01
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

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