LIFE Is USAA owned by members? InsuNews May 23, 2022 Is USAA owned by members? USAA was formed in 1922 by Army Officers, and remains a privately owned, member organization. See also Does Mutual of Omaha pay a base salary? Post navigation Previous: Is USAA only for military?Next: What are best insurance ratings? More Stories LIFE How does whole life and term life insurance work? InsuNews May 23, 2022 LIFE What companies does BRK b own? InsuNews May 23, 2022 LIFE What is the average cost of a Medicare supplement plan? InsuNews May 23, 2022