USAA Federal Savings Bank is headquartered in Phoenix, Arizona. It is a state-chartered savings bank, established 12/30/1983 and insured by the FDIC since 08/09/1989. At the 06/30/2026 reporting date it held $106 billion in assets and $92.0 billion in deposits across 5 offices.
Size
By total assets it ranks #31 of 4,213 active FDIC-insured banks in the United States. Among the 12 FDIC-insured banks headquartered in Arizona it ranks #1.
Capital and earnings
| Equity capital | $5.8 billion (5.5% of assets) |
|---|---|
| Net income, year to date | $484 million through 06/30/2026 |
| Return on assets (annualized) | 0.90% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. USAA Federal Savings Bank holds FDIC certificate number 32188. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in Arizona
- Western Alliance Bank, $98.6 billion in assets
Banks of a similar size
- UBS Bank USA, National Association, #29, $124 billion in assets
- Synchrony Bank, #30, $115 billion in assets
- Santander Bank, N.A., #32, $104 billion in assets
- City National Bank, #33, $99.1 billion in assets
Related
- Credit unions in Arizona
- Top mortgage lenders in Arizona
- Arizona property tax, home prices and banks
- All large US banks
- Compared savings accounts
This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. usaa.com