Is my USAA FSB account insured by the FDIC? Yes. Funds in a USAA FSB savings account are insured up to the limits that the Federal Deposit Insurance Corp. (FDIC) set. That means that the FDIC protects the money against loss in the unlikely event that the bank fails.

Yes, USAA Federal Savings Bank is an FDIC member (FDIC ID No. 32188). Thus, Its deposit accounts are insured up to the limits set by the Federal Deposit Insurance Corp. (FDIC) for up to $250,000 per depositor, for each account ownership category, in the event of a bank failure.

Yes, USAA Bank (also referred to as USAA Federal Savings Bank) is a legitimate financial institution. Bank products provided by USAA Federal Savings Bank, Member FDIC are secure up to $250,000 per depositor, per category. FDIC insurance protects consumers in the event of a bank failure.