USAA is a Members Only Bank based in San Antonio Texas. Paul and Linda have been Members for over 30 years. They were able to join because Linda's Dad was an Officer in the Military and this is something that can be handed down to family members. This is a great benefit to give to family members if someone qualifies in the family.
A couple of years ago membership was opened to anyone that ever served in the military. This is a great deal because based on our experience their insurance rates are more competitive and inclusive than other companies. Linda makes deposits using our IPhone and withdrawals can be made from any ATM and USAA reimburses so many each month. We have never paid a fee.
In 1922, when 25 Army officers met in San Antonio, Texas, and decided to insure each other's vehicles, they could not have imagined that their tiny organization would one day serve over 8 million members and become one of the only fully integrated financial services companies in America.