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USAA isn't a bank, it's a credit union. It's "field of membership" is uniformed military and their families.
by tsotha 11y ago
USAA isn't a bank, it's a credit union. It's "field of membership" is uniformed military and their families.
- a3n 11y agoActually, USAA is a bank. At least the bank part of them is a bank. They're also an insurance company, an investment company, and a few other things. But the banking part is a bank. From their site's front page: USAA means United Services Automobile Association and its insurance, banking, investment and other companies. Banks Member FDIC. https://www.usaa.com https://www.usaa.com Notice the FDIC. Credit unions are not insured via FDIC, they use NCUA. http://www.gobankingrates.com/banking/fdic-versus-ncua-insurance/ http://www.gobankingrates.com/banking/fdic-versus-ncua-insur...
- nulltype 11y agoCan anyone recommend a credit union as good as USAA that accepts people unaffiliated with the military?
- astrange 11y agoOnline banks like Capital One 360 don't charge overdraft fees and have fast check settlement. I can't comment on transaction ordering or anything - also, it might be hard to find an ATM that will do cash deposits. And not only is there no account fee, but the checking account pays a pitiable amount of interest.