TellerScore

USAA Federal Savings Bank is a savings bank headquartered in Phoenix, Arizona, in business for about 43 years. At the end of Q2 2026 it reported $106.2B in total assets and $92.0B in deposits, with 5 offices across 4 states.

Based on its Q2 2026 filing, USAA Federal Savings Bank scores 64/100, which we describe as moderate. That is higher than 73% of 32 banks with over $100 billion. Among 12 banks headquartered in Arizona, it ranks 7th. Its strongest component is funding & liquidity (100/100; 48% loans-to-deposits, 5% uninsured), and its lowest is capital cushion (43/100; 9.29%).

TellerScore · Q2 2026

Scorecard

Capital cushion43/100
Tier 1 leverage ratio: 9.29%
Loan quality64/100
Noncurrent loans ÷ total loans: 1.07%
Earnings56/100
Return on assets (annualized): 0.90%
Funding & liquidity100/100
Loans ÷ deposits and uninsured-deposit share: 48.2% · 5.2% uninsured
Problem-loan coverage87/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 6.39%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 6 points (58 → 64), mostly because the earnings component improved by 17 points.

TellerScore
525864Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202455
Q3 202455
Q4 202452
Q1 202554
Q2 202558
Q3 202559
Q4 202558
Q1 202662
Q2 202664
Tier 1 leverage ratio
5.00%7.15%9.29%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20248.45%
Q3 20248.63%
Q4 20248.48%
Q1 20258.44%
Q2 20258.68%
Q3 20258.93%
Q4 20259.05%
Q1 20269.08%
Q2 20269.29%
Noncurrent loans
1.02%1.08%1.15%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.02%
Q3 20241.07%
Q4 20241.13%
Q1 20251.13%
Q2 20251.11%
Q3 20251.10%
Q4 20251.14%
Q1 20261.15%
Q2 20261.07%
Return on assets
-0.10%0.40%0.90%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.10%
Q3 20240.08%
Q4 2024-0.10%
Q1 20250.15%
Q2 20250.47%
Q3 20250.45%
Q4 20250.40%
Q1 20260.82%
Q2 20260.90%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202664$106.2B9.29%1.07%0.90%48.2%
Q1 202662$109.7B9.08%1.15%0.82%44.6%
Q4 202558$108.0B9.05%1.14%0.40%46.2%
Q3 202559$104.9B8.93%1.10%0.45%46.6%
Q2 202558$106.5B8.68%1.11%0.47%45.5%
Q1 202554$110.8B8.44%1.13%0.15%43.1%
Q4 202452$109.2B8.48%1.13%-0.10%45.2%
Q3 202455$110.3B8.63%1.07%0.08%45.0%
Q2 202455$111.7B8.45%1.02%0.10%43.6%

32 peers · Over $100 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.29%
42nd
Total risk-based capital18.65%
81st
Problem loans1.07%
29th
Net charge-offs2.08%
10th
Return on assets0.90%
6th
Net interest margin5.30%
90th
Efficiency ratio69.2%
10th
Loans to deposits48.2%
77th
Uninsured deposits5.2%
100th
Loan-loss reserves4.10%
94th
Texas ratio6.4%
23rd

Deposit insurance

Is my money safe at USAA Federal Savings Bank?

Yes. USAA Federal Savings Bank is an FDIC-insured institution (FDIC certificate #32188). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 5.2% of deposits ($4.8B) are above the $250,000 FDIC insurance limit, below the peer median of 43%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.29%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 18.65% (benchmark: 10%).

Check how much of your own balance is covered

5 locations

Branches

USAA Federal Savings Bank lists 4 offices in 4 cities across 4 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, USAA Federal Savings Bank reported 26,565 home-loan applications under HMDA (LEI C5654JQHZUHN0772B561): 11,693 originated ($4,085,765,000 total), 7,039 denied, and 7,665 withdrawn or closed by the applicant. Its denial rate on decided applications was 37.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

CFPB TCCP survey · December 31, 2025

Credit card terms

CardPurchase APRAnnual feeLate feeForeign fee
USAA Cashback Rewards15.65% – 27.65%$0$250.0%
USAA Eagle Navigator18.65% – 26.90%$95$250.0%
USAA Preferred Cash Rewards15.65% – 27.65%$0$250.0%
USAA Rate Advantage Card10.65% – 24.65%$0$250.0%
USAA Rewards American Express Card13.65% – 27.65%$0$250.0%
USAA Rewards Visa Signature Card13.65% – 27.65%$0$250.0%
USAA Secured American Express Card26.65%$0$250.0%
USAA Secured Visa Platinum Card26.65%$0$250.0%

All Usaa Federal Savings Bank card terms

Identity & history

Profile

Legal name
USAA Federal Savings Bank
Type
Savings bank
FDIC certificate #
32188
RSSD ID
619877
Primary regulator
OCC
Holding company
United Services Automobile Assn
Established
December 30, 1983
Headquarters
1 Norterra Dr, Phoenix, AZ 85085
Employees
11,883

Quick answers

USAA Federal Savings Bank: common questions

Is USAA Federal Savings Bank FDIC insured?

Yes. USAA Federal Savings Bank is an FDIC-insured institution (FDIC certificate #32188). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is USAA Federal Savings Bank's TellerScore?

64 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has USAA Federal Savings Bank ever failed?

There is no failure record for FDIC certificate #32188 in the FDIC failed bank list.

How many branches does USAA Federal Savings Bank have?

5 offices as of the latest FDIC data, in 4 states.

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