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USAA Power of Attorney Form

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USAA Power of Attorney

Important Information. Please Read.

General. This USAA POWER OF ATTORNEY is intended to be used by you, to permit another person to conduct most transactions on personal USAA accounts that you, as Grantor, could conduct yourself. For example, you may want your agent (or "attorney-in-fact") to have access to your bank and/or investment accounts, control over a life insurance policy you own or to take care of your auto and property transactions on your behalf. It provides your attorney-in-fact access to all of your business with USAA and allows USAA and its affiliated companies to treat the signature of your Attorney-in-fact as though it were your signature. For this reason, it is important that you designate a trusted family member or friend as your attorney-in-fact under this document. The use of this form is limited to USAA business only and would not be considered a general power of attorney. This USAA POWER OF ATTORNEY form will be accepted by all USAA companies for most business transactions with USAA companies. You may check the specific box for each line of business to authorize your attorney-in-fact to transact business with USAA applicable to the designated line of business.

Other Powers of Attorneys. If you have a military power of attorney (acceptable to USAA in most cases) or a power of attorney already on file at USAA, you may want to review it with your attorney to be sure it covers your business needs and is still in effect.

Cautionary Note: Carefully read any power of attorney form before you sign it. Be sure to consult your attorney regarding its purpose and the legal rights that are affected by the grant of such power to another person. Your particular circumstances may indicate the need for granting either broader or more restrictive rights than are provided for in this form. This USAA POWER OF ATTORNEY is durable and is therefore valid and effective if you subsequently become disabled or incompetent. In the event of your death, this USAA POWER OF ATTORNEY will terminate.

LIMITATIONS ON THE USE OF THIS FORM INCLUDE:

  • Checkwriting Privileges. If checkwriting privileges are needed on accounts with USAA Federal Savings Bank and on mutual fund accounts with USAA Investment Management Company ("IMCO"), separate signature cards (if applicable) will be sent to the person to whom you have granted limited powers to your account(s).
  • Authority over Other Accounts. For business accounts, trust accounts, estate accounts, guardianship or conservatorship accounts, UGMA or UTMA accounts, qualified tuition (529) plan accounts, Coverdell Education Savings Accounts or similar accounts, other documents and applicable laws may limit your ability to grant this authority to another person. In such instances you should consult with an attorney as to the scope of your ability to grant such authority.
  • Electronic Services Agreement. IMCO's Information Provider Agreements require an Electronic Services Agreement to be signed by the member to obtain access to accounts on usaa.com. Agents (such as the Attorney-in-Fact) are not authorized to sign such Electronic Services Agreement for the member.

Instructions to Complete the Form below:

If you decide to use this USAA POWER OF ATTORNEY form, please read the instructions below:

  1. Complete the Identification Form and the USAA POWER OF ATTORNEY.
  2. All applicable blanks in the forms must be filled in. If not applicable, mark N/A.
  3. Your signature must be acknowledged before either a notary public or a person authorized under 10 USC § 1044a to perform a notarial act for members of the armed services.
  4. If you do not include a termination date, it will be presumed to be in effect until either your death or a written or oral revocation is received by USAA.
  5. You have the option of appointing an alternate attorney-in-fact to represent you in case your first appointee dies or is unwilling to serve. Written notification will be required to appoint the alternate attorney-in-fact.
  6. Online access to account is only granted to your agent if the ALL THE POWERS LISTED BELOW is selected on page 5.

It is important that you return the completed USAA POWER OF ATTORNEY form and the Identification Form by sending it to USAA, Power of Attorney Processing, P.O. Box 659464, San Antonio, TX 78265 or faxing the printed form to 1-800-531-8877. If you have any questions on how to complete this form, please contact your attorney or military legal office.

Identification Form for You and Your Attorney-in-Fact

IMPORTANT INFORMATION. Federal law requires us to obtain, verify, and record the name, address, date of birth, and other information of you and your attorney-in-fact that will allow us to identify you or your attorney-in-fact when opening an account in certain other circumstances.

Your (Grantor) Information

Your Attorney-in-Fact Information

Is your attorney-in-fact a senior political figure or family member or associate of a senior foreign political figure? Yes No

Is your attorney-in-fact a U.S. Citizen? Yes No

Resident Status: Resident Alien Non-resident Alien

Successor Attorney-in-Fact Information (if applicable)

Is your attorney-in-fact a senior political figure or family member or associate of a senior foreign political figure? Yes No

Is your attorney-in-fact a U.S. Citizen? Yes No

Resident Status: Resident Alien Non-resident Alien

USAA POWER OF ATTORNEY

I, ("Grantor"), presently stationed or residing at desiring to execute this USAA POWER OF ATTORNEY, do hereby appoint (Name of Attorney-in-Fact), whose address is , as my Attorney-in-Fact.

If my Attorney-in-Fact is no longer able to or is unwilling to serve as my legal representative, then I appoint (Name of Successor Attorney-in-Fact), whose address is , to serve as my Successor Attorney-in-Fact instead of the first named person.

ALL THE POWERS LISTED BELOW. (By checking this box, ALL powers below apply. If this box is checked, do not check any other box below.)

OR

Check the specific authorized powers for each designated USAA lines of business for which you want to grant powers.

INVESTMENT TRANSACTIONS

(a)

BANKING TRANSACTIONS

(a)

INSURANCE TRANSACTIONS

(a)

GENERAL PROVISIONS APPLICABLE TO ALL SECTIONS

(a) All business transacted pursuant to this USAA POWER OF ATTORNEY for me or for my account shall be transacted in my name, and all endorsements and instruments executed by my Attorney-in-Fact for the purpose of carrying out any of the foregoing powers, shall contain my name, followed by that of my Attorney-in-Fact and the designation, "Attorney-in-Fact." Additionally, I authorize my Attorney-in-Fact to use my online/user identification, password and personal identification number ("PIN") to register and/or access the usaa.com website, mobile.usaa.com or other USAA channels of communication and perform transactions thereon my behalf.

(b) I hereby ratify and confirm any and all instructions, transactions, trades, dealings, or other lawful acts done or caused to be done by my Attorney-in-Fact pursuant to this USAA POWER OF ATTORNEY.

(c) This USAA POWER OF ATTORNEY is durable and is not affected by my subsequent disability or incapacity.

(d) If the authority contained herein shall be revoked, or terminated by operation of law, without notice, I hereby agree to indemnify and hold harmless my Attorney-in-Fact and USAA as described in the original document.

(e) Notwithstanding my insertion of a specific expiration date herein, if on the specified expiration date below I shall be, or have been, carried in a military status of "missing", "missing-in-action" or "prisoner of war", then this USAA POWER OF ATTORNEY shall automatically remain valid and in full effect until sixty (60) days after I have returned to United States military control following termination of such status.

TERMINATION

Expiration Date (Optional): (No date indicates the document remains effective until written or oral revocation is received by USAA). Unless sooner revoked or terminated by me by written notice addressed to USAA, 9800 Fredericksburg Rd., San Antonio, Texas 78288, or by oral notice to a USAA member service representative, this USAA POWER OF ATTORNEY shall become NULL and VOID from and after the Expiration Date.

IN WITNESS WHEREOF, I have set my hand this day of , 20

Grantor's Signature

TO BE VALID, YOU (THE PERSON GRANTING THESE POWERS) MUST SIGN THIS FORM AS GRANTOR IN THE PRESENCE OF EITHER (1) A NOTARY PUBLIC OR (2) A PERSON AUTHORIZED BY 10 USC § 1044A TO PERFORM A NOTARIAL ACT FOR MEMBERS OF THE ARMED FORCES. FILL OUT ONLY ONE SECTION BELOW.

(1) CIVILIAN ACKNOWLEDGMENT

State Of (County/City/Parish)

I, A Notary Public in and for the State aforesaid, do hereby certify that on the day of , 20 , before me personally appeared , who signed and executed the foregoing USAA POWER OF ATTORNEY.

OR

(2) MILITARY ACKNOWLEDGMENT

IF ACKNOWLEDGED BEFORE A PERSON AUTHORIZED TO PERFORM NOTARIAL ACTS FOR MEMBERS OF THE ARMED FORCES by 10 USC § 1044a:

With the United States Armed Forces at:

I, the undersigned do hereby certify that on this day of , 20 , before me, personally appeared , who signed and executed the foregoing USAA POWER OF ATTORNEY.

(ORGANIZATION AND STATION)

(Name, Grade, Armed Force)

THE ATTORNEY-IN-FACT, BY ACCEPTING OR ACTING UNDER THE APPOINTMENT, ASSUMES THE FIDUCIARY AND OTHER LEGAL RESPONSIBILITIES OF AN AGENT.

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What the USAA Power of Attorney Form Is and When It Applies

The USAA Power of Attorney Form is a legal document used by USAA members to authorize another person (an agent or attorney-in-fact) to act on their behalf for financial, insurance, or account-management matters. It can be durable (survives incapacity) or limited (specific transactions only). The form identifies the principal, the agent, the scope of authority, effective and termination dates, and signature and notarization requirements. Electronic execution and remote notarization are often accepted where consistent with federal e-signature law and the receiving institution’s policies.

Why a Properly Completed USAA Power of Attorney Matters

A complete, accurate Power of Attorney ensures continuity of account access and decision-making while minimizing delays, bank refusals, and potential disputes over authority.

Why a Properly Completed USAA Power of Attorney Matters

Who Typically Uses the USAA Power of Attorney Form

The form is commonly used by account holders who need someone to manage finances or insurance on their behalf.

  • Active-duty military and veterans who need remote account management during deployments or relocations.
  • Older adults or those with medical conditions who appoint a durable agent for financial or healthcare-adjacent decisions.
  • Attorneys, family members, or professional fiduciaries who act as agents for routine or urgent transactions.

Proper completion reduces friction for institutions and third parties that must accept the agent’s authority.

Step-by-Step: Filling Out the USAA Power of Attorney Form

Follow these core steps to complete the form accurately and reduce the chance of rejection.

  • 01
    Identify Parties: Enter principal and agent full legal names exactly as on ID.
  • 02
    Define Scope: List specific powers granted, e.g., banking, insurance, claims.
  • 03
    Choose Effective Date: Use MM/DD/YYYY; indicate if immediate or upon incapacity.
  • 04
    Sign & Notarize: Principal signs before required witnesses or notary.

Core Elements Included in a Professional USAA Power of Attorney

A compliant form contains clear identification, a well-drawn grant of authority, effective timing, limitations, execution blocks, and notarization or witness language.

Principal & Agent

Full legal names, addresses, dates of birth, and contact details for both parties to support identity verification and institution acceptance.

Grant of Authority

Specific enumeration of powers (financial, insurance claims, account management) so third parties can determine the agent’s authority quickly.

Durability Clause

Language stating whether the POA remains effective during the principal’s incapacity, important for healthcare or long-term account access.

Limitations & Conditions

Any exclusions, monetary caps, or conditional triggers that narrow the agent’s authority to protect the principal’s interests.

Execution Details

Signature lines, date fields, and optional witness attestations; these specify who must sign and when the document becomes effective.

Notary/Witness Block

A notary acknowledgement or witness lines with jurisdiction-specific text to meet bank and state authentication requirements.

Security and Legal Protections to Consider

Encryption: TLS 1.2/1.3 in transit; AES-256 at rest
Audit Trail: Timestamped events, IP, and signer actions
ESIGN / UETA: Federal and state e-signature legal framework
HIPAA BAA: BAA available for protected health information
SOC 2 / ISO: SOC 2 Type II and ISO 27001 certifications
21 CFR Part 11: Support for FDA-regulated records where required

How Electronic Completion and Submission Typically Works

Digital workflows let you prepare, sign, authenticate, notarize, and deliver the executed form to USAA or other institutions securely.

  • Prepare Document: Upload template and place signature and date fields.
  • Authenticate Signer: Use email, SMS, or ID verification per bank policy.
  • Notarize if Required: Complete RON session or visit an in-person notary.
  • Deliver Executed Copy: Send signed PDF with audit trail to USAA or custodian.

Recommended Workflow Settings for Digital Completion

Common configuration options reduce signer friction while preserving authentication and recordkeeping.

Authentication Method SMS code or ID verification for higher-assurance signer ID
Notary Field Enable RON session or require in-person notary checkbox
Signature Fields Separate signature, printed name, and date fields
Template Use Save standardized POA template for repeat use
Retention Export Export signed PDF/A for long-term archival

Technical Options and Integration Considerations

Choose file formats, integrations, and authentication consistent with USAA requirements and state rules.

  • File Formats: PDF, DOCX supported
  • Integrations: Salesforce, NetSuite, Google Workspace
  • Signer Auth: SMS, knowledge-based, or ID verification

eSignature Vendor Comparison for Executing a Power of Attorney

Cost and capability vary by vendor; the table below highlights common criteria relevant when e-signing and notarizing legal documents.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial Yes, 7-day trial No No Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Penalties and Risks from an Incorrect or Incomplete POA

Authority Rejected: Banks or insurers may refuse action without proper form
Civil Liability: Agent may face claims for acting beyond authority
Tax Exposure: Missing TINs can trigger backup withholding at 24%
Criminal Risk: Fraudulent use can lead to criminal prosecution
Costly Delays: Incorrect execution causes resubmission and processing delays
Notary Rejection: Improper notarization can invalidate agency powers

Common Mistakes to Avoid When Preparing a POA

  • Using nicknames or initials instead of full legal names causes verification failures.
  • Failing to specify durable language when intending continued authority after incapacity.
  • Neglecting notarization or witness blocks required by the receiving institution.
  • Not confirming whether the institution accepts electronic or remote notarization.

Practical Tips for Accurate and Efficient Completion

Follow these best practices to increase the chance that USAA and third parties will accept the executed form.

Use Full Legal Names
Match names exactly to government ID and USAA account records to avoid identity verification failures and delays.
Specify Scope Clearly
Itemize powers so banks and insurers can determine authority without additional interpretation or follow-up.
Confirm Notarization Method
Verify whether USAA accepts remote online notarization or requires in-person acknowledgment in your state.
Keep Signed Copies
Retain original and secure electronic copies with audit trails for the required retention period.

How People Use the USAA Power of Attorney Form in Practice

Real-world examples show typical scenarios where a POA avoids administrative gaps and accelerates necessary transactions.

Military Deployment Example

A deployed service member names a spouse as agent to manage banking.

  • The agent accesses accounts and pays bills.
  • This arrangement prevents missed payments and lets the household maintain credit and insurance continuity while the principal is deployed.

Aging Parent Example

An adult child receives durable authority to handle insurance claims.

  • The POA covers claims and bill payments.
  • Having a durable POA reduces delay in filing insurance claims and ensures that health‑related financial obligations are managed without court-appointed guardianship.

Key Timing Considerations and Deadlines

Certain dates and reporting triggers affect when the agent may act and when institutions must be notified.

Effective Date:

Use MM/DD/YYYY; determines when agent authority begins

Notarization Deadline:

Notarize before presenting to institutions to avoid rejection

Submit to Financial Institution:

Deliver executed POA promptly to avoid blocked transactions

Tax Reporting:

Missing TINs or incorrect forms can trigger backup withholding

Record Retention:

Keep signed document per retention schedules and counsel advice

Roles and Responsibilities: Who Signs and Why

Principal — Account Holder

The principal is the USAA member or account holder who grants authority. They must have capacity at execution and sign in the presence of required witnesses or notary to validate the document.

Agent — Attorney-in-Fact

The agent accepts fiduciary duties to act under the POA. Acceptance may be explicit; the agent should verify powers granted, obtain identification, and produce the signed POA to third parties when acting.

Frequently Asked Questions About the USAA Power of Attorney Form

Answers to common questions about validity, notarization, revocation, and electronic signing for USAA account-related powers of attorney.


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