USAA Bank President Announces Departure

Search launched for new USAA Federal Savings Bank president


Oct. 16, 2014 – USAA announced today that longtime company leader and Executive Council member David Bohne has decided to leave USAA. Bohne will remain as USAA Federal Savings Bank president until his replacement is found.

Bohne joined USAA 21 years ago and has held a variety of leadership positions in the areas of finance, product management and call center operations.

“In my seven years leading USAA’s bank, we’ve accomplished great things,” Bohne said. “We weathered a financial crisis that caused many businesses to crumble. USAA’s bank has topped the list for trust, customer experience and net promoter score. We launched USAA’s Deposit@Mobile® capability.

“And most importantly, we reaffirmed our commitment to the military by strengthening the benefits we provide to active duty members and making the decision to serve only the military and their families. I’m proud to have served USAA and our members over the past 21 years.”

“I am very grateful for David’s leadership, many contributions and continued commitment as we work to find the next bank president who will lead the bank forward,” said USAA CEO Joe Robles Jr., Major General, U.S. Army (Ret.). “David has been a valued part of the USAA family for many years and he will be missed.”

About USAA
The USAA family of companies provides insurance, banking, investments, retirement products and advice to 10.3 million current and former members of the U.S. military and their families. Known for its legendary commitment to its members, USAA is consistently recognized for outstanding service, employee well-being and financial strength. USAA membership is open to all who are serving our nation in the U.S. military or have received a discharge type of Honorable – and their eligible family members. Founded in 1922, USAA is headquartered in San Antonio. For more information about USAA, follow us on 
Facebook or Twitter (@USAA),or visit


Contact: Roger Wildermuth                                                                                                


USAA on Twitter: @usaa



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