Our board of directors is comprised of individuals who have distinguished themselves through their military and civilian careers. Board members conduct regular, formal evaluations of our CEO and our company.
The day-to-day operations of USAA's companies and staff agencies are managed by the members of USAA's Executive Council, including President and Chief Executive Officer Wayne Peacock.
As president and CEO, Peacock oversees USAA, which includes the Property and Casualty Insurance Group, Federal Savings Bank, Life Insurance Company, Investment Services Company and Alliance Services Company.
Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change. To join USAA, separated military personnel must have received a discharge type of Honorable or General Under Honorable Conditions. Eligible family members may also join USAA.
USAA means United Services Automobile Association and its affiliates.
USAA Federal Savings Bank offers deposit, credit card, consumer lending, mortgage, and other banking products and services. USAA Federal Savings Bank is a Member of FDIC. Credit card, mortgage and other lending products not FDIC-insured.