USAA Delivers (update $232M) $150 Million in Loans Within 48 Hours to Serve Members Impacted by Government Shutdown

[littlemissmartypants]

Last edited Mon Oct 13, 2025, 02:14 PM - Edit history (1)

Association serves 45,000 members with no-interest loan and payment relief options as military payday approaches


SAN ANTONIO – October 10, 2025 (10:30 AM)

In response to the ongoing government shutdown, USAA has provided $150 million in no-interest loans to approximately 45,000 members in just over 48 hours, helping to support military service members, their families, and federal employees ahead of potential gaps in pay.

As part of its program, eligible members employed by impacted federal agencies, including active-duty military, can apply for a no-interest loan equal to one net paycheck, up to $6,000. The loan, open to members who have received an eligible direct deposit into a USAA checking or savings account within 30 days prior to the beginning of the shutdown, features flexible repayment terms within 90 days, giving members room to manage finances during this period.

“Efforts like this are why we exist as an Association, to be there for our members when they need us most,” said Michael Moran, President, USAA Federal Savings Bank. “Delivering this level of support in under two days demonstrates our commitment to providing our members with peace of mind during this difficult time. Our team is currently processing loan applications at a very high rate per hour and we continue to stand ready to support our members. This is the value of membership.”
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USAA also encourages service members to seek additional support through military aid societies. Since 2016, USAA has contributed more than $40 million to these organizations to assist service members and their families in times of need. These funds help provide emergency financial aid, career and educational support, and other resources through organizations such as:

Army Emergency Relief
Navy-Marine Corps Relief Society
Air Force Aid Society
Coast Guard Mutual Assistance
Enlisted Association of the National Guard of the United States, We Care for America Foundation
American Red Cross Service to the Armed Forces
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https://newsroom.usaa360.com/news/usaa-delivers-over-usd-140-million-in-loans-within-48-hours-to-serve-members-impacted-by-government-shutdown#cc_target

[Ilsa]

1. Good on them. I hope it relieves some stress for the people

not getting a paycheck.