In its first move into the small-business banking market, USAA Savings Bank will offer business loans and small-company credit cards by the end of the year, executives said.

The credit card bank, which is a unit of the $6.4 billion-asset thrift owned by San Antonio-based insurance company USAA, will start by marketing its small-business services to its customer base of active or retired military personnel and their families, said USAA Savings president and chief executive officer Robert Taylor.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.