USAA POWER OF ATTORNEY at a glance
What it is: The USAA POWER OF ATTORNEY permits your agent to conduct most transactions on personal USAA accounts; its use is limited to USAA business only and would not be considered a general power of attorney.
Who signs: Fill in IN WITNESS WHEREOF, I have set my hand this ___ day of ___, 20__, and sign on Grantor's Signature.
A filled-in USAA POWER OF ATTORNEY example: a member names a brother as Attorney-in-Fact
How to fill out USAA POWER OF ATTORNEY, box by box
Your (Grantor) Information
Under Your (Grantor) Information, enter Your Name: First, MI and Last, the USAA Number, the Social Security Number and the Date of Birth (mm/dd/yy).
Your Attorney-in-Fact Information
Under Your Attorney-in-Fact Information, enter Name: First, MI and Last, the USAA Number (if applicable), the Social Security Number, the Date of Birth (mm/dd/yy), the Relationship to member (e.g., parent, spouse, child or friend) and the Telephone Number.
Enter the Physical Address (P.O. Box cannot be accepted) with City, State and Zip Code, the Mailing Address (if different) with City, State and Zip Code, the Employer's Name, the Occupation/Type of Business and the Employer's Address with City, State and Zip Code.
Is your attorney-in-fact a senior political figure, and a U.S. citizen?
Mark Yes or No: Is your Attorney-in-Fact a senior political figure or family member or associate of a senior foreign political figure?
Mark Yes or No: Is your attorney-in-fact a U.S. citizen? If no, please specify country of citizenship AND provide one or more valid numbers (U.S. Alien Identification Card Number, Passport Number Issued by Country of Citizenship). Mark Resident Status: Resident Alien or Non-resident Alien.
More rules for USAA POWER OF ATTORNEY
Complete the Identification Form and the USAA POWER OF ATTORNEY form.
All required and applicable blanks must be filled in. If not, the USAA POWER OF ATTORNEY cannot be established until the information is provided. If not applicable, mark N/A.
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. All required identifying information must be provided for the alternate Attorney-in-Fact as well as the primary.
Under Successor Attorney-in-Fact Information (if applicable), enter Name: First, MI and Last, the USAA Number (if applicable), the Social Security Number and the Date of Birth (mm/dd/yy).
If the Attorney-in-Fact does not provide the required information, the account may be locked or closed.
In I, write your name as Grantor and the Address where you are presently stationed or residing, then write the Name of Attorney-in-Fact and the address of the 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 the Name of Successor Attorney-in-Fact, whose address is entered on the line, to serve as my Successor Attorney-in-Fact instead of the first named person.
ALL THE POWERS LISTED: by checking this box, ALL powers apply. If this box is checked, do not check any other box.
Check the specific authorized powers for each designated USAA line of business for which you want to grant powers.
INSURANCE TRANSACTIONS: To pay the premiums, terminate any property or casualty policies or execute rights on an annuity or any contract of insurance presently owned by me or hereafter acquired.
Expiration Date (Optional): 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.
Revocation of this USAA POWER OF ATTORNEY is not effective until USAA receives notice of the revocation as specified in this document.
Under (2) MILITARY ACKNOWLEDGMENT, if acknowledged before a person authorized to perform notarial acts for members of the armed forces by 10 USC § 1044a, that person enters With the United States Armed Forces at, the ORGANIZATION AND STATION and the Signature of Person Authorized to Perform Notarial Acts (Name, Grade, Armed Force); by statute no seal is required on this certificate.
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.
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.
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.
The Attorney-in-Fact, by accepting or acting under the appointment, assumes the fiduciary and other legal responsibilities of an agent.
Common questions about USAA POWER OF ATTORNEY
Can a POA take money out of a bank account?
BANKING TRANSACTIONS: To deposit or withdraw for any purpose, in or from any bank or other financial institution, any funds, checks, or other credits which I now or hereafter may have on deposit or be entitled to.
What voids a power of attorney?
Unless sooner revoked or terminated by me by written notice addressed to USAA, 9800 Fredericksburg Road, 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.
Does it need a notary?
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. Under (1) CIVILIAN ACKNOWLEDGMENT, the Notary Public enters State Of (County/City/Parish), certifies the day on which the Grantor personally appeared, and signs as Notary Public with My Commission Expires.
Who signs it?
To be valid, you (the person granting these powers) must sign this form as Grantor and your signature must be acknowledged before 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 of the two sections, (1) or (2).
Where do I file it?
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 800-531-8877.
Sources
[1] USAA POWER OF ATTORNEY, 135713-0324, United Services Automobile Association (the Official source link on this page).
