Herbie Huesman has been promoted to SVP of real estate at USAA Federal Savings Bank, the bank announced in a press release.
Huesman will steer the bank’s mortgage products and lending activity. He reports to USAA FSB President Paul Vincent and will remain at the Tampa office.
San Antonio-based USAA is a leading provider of insurance, banking, investment, and retirement solutions for more than 13 million members of the military, veterans, and their families.
The promotion is a natural step from the four other leadership positions Huesman has held at USAA. He joined the company in 2019 as head of real estate capital markets. Most recently, he served as interim general manager for real estate, handling expansion and updates to the bank’s mortgage offerings.
“USAA’s mission to serve the financial needs of our members is essential when it comes to home ownership, given it that a house is the largest purchase most people ever make,” Huesman said. “I am proud to lead a team dedicated to helping members at such a critical time of their lives.”
Prior to USAA, Huesman spent 14 years at Fifth Third Bank in leadership roles, including SVP, mortgage capital markets and SVP, MSR and investor reporting. His other experience includes various positions at Navy Federal Credit Union.
USAA says it wants to boost its lending in the coming year under Huesman’s leadership.
“Herbie has been instrumental in driving our strategy over the last year, drawing on his extensive industry experience to help strengthen our offerings,” Paul Vincent said. “His expertise and passion to serve our members make him the right person to lead our real estate lending business into the future.”
The bank has offices in eight U.S. cities and three overseas locations, and employs more than 37,000 people worldwide.