Private company

USAA

American insurance and financial services company

The United Services Automobile Association (USAA) is an American financial services company providing insurance, including personal property and casualty and life insurance, and banking products exclusively to members of the military, veterans and their families. It was founded in 1922 in San Antonio, Texas, by a group of 25 U.S. Army officers as a mechanism for mutual self-insurance, when they were unable to secure auto insurance due to insurer’s inability to accommodate their frequent relocations.2 Its chief executive is Stuart Parker.1 Its revenue was $37.5 billion in 2021.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1922Founded1
  • Industryeconomics of banking, financial sector, financial services, insurance industry1
  • HeadquartersSan Antonio1
  • Websitewww.usaa.com
  • Legal formmutual insurance1
USAA Office in Colorado Springs by David Shankbone
Photo: David Shankbone, CC BY-SA 3.0, via Wikimedia Commons3

The United Services Automobile Association (USAA) is an American financial services company providing insurance, including personal property and casualty and life insurance, and banking products exclusively to members of the military, veterans and their families. It was founded in 1922 in San Antonio, Texas, by a group of 25 U.S. Army officers as a mechanism for mutual self-insurance, when they were unable to secure auto insurance due to insurer’s inability to accommodate their frequent relocations.2

Leadership

Who has led USAA, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Products and brands

  • insurance

Listed on Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

USAA revenue by year1$37.5B in 2021+5% since 2019
0$10.0B$20.0B$30.0B$40.0B2019: $35.6B$35.6B20192020: $36.3B$36.3B2020+2%2021: $37.5B$37.5B2021+3%
  • 2021$37.5B1
  • 2020$36.3B1
  • 2019$35.6B1

Net income

  • 2015$2.3B1

Timeline

  1. 1922Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3