USAA Federal Savings Bank is a federally insured, members-only online bank that offers checking and savings accounts, CDs, credit cards, mortgages and other loans.
USAA FSB offers a full range of deposit and loan products.
The mobile app has useful features and positive reviews from iOS and Android users.
USAA FSB offers generous free access to ATMs and minimal out-of-network ATM fees. ATM fee reimbursements also are available.
USAA has limited brick-and-mortar locations.
If you don’t have a link to the military, you likely won’t qualify for membership.
Yields on deposits are not impressive, and it's easier to find higher yields elsewhere.
USAA has long been regarded as a digital leader among financial institutions. Its mobile app lets you take care of everyday transactions, such as depositing checks, paying bills and using digital wallets like Google Pay. You can send money person to person with Zelle. The app also features a digital assistant that can answer questions or put you in touch with a USAA bank representative.
USAA also stands out for letting members pull in all of their USAA and non-USAA financial accounts into one portal to customize their budget and track their spending.
You won’t be banking at a traditional branch, but USAA does provide access to more than 60,000 ATMs that members can use for free.
USAA, a financial services organization, opened the USAA Federal Savings Bank in 1983. USAA generally serves active U.S. military personnel, honorably discharged military veterans, precommissioned officers and spouses and children of members. USAA FSB offers checking and savings accounts, CDs, mortgages, credit cards and other loans.
It has a highly rated mobile app that allows customers to deposit checks, pay bills, transfer funds and do other transactions. Customers also have access to online banking and over 60,000 ATMs through the AllPoint and MoneyPass networks and PNC Bank ATMs. USAA has a branch in San Antonio.