The Freedom Torch inside USAA's main headquarters in San Antonio.

The Freedom Torch inside USAA’s main headquarters in San Antonio.

In 1922, 25 U.S. Army officers founded USAA to insure each others’ automobiles.

Today, USAA is the second largest private employer in San Antonio with 17,000 employees, only eclipsed by another homegrown company, H-E-B, according to the San Antonio Economic Development Foundation. USAA also occupies one of the nation’s largest office buildings at its main headquarters at 9800 Fredericksburg Road in San Antonio. Its bigger than the Pentagon. The sprawling campus has jogging trails, tennis courts, soccer fields, baseball fields, basketball courts and three gyms.

And now USAA, an insurance, banking and investment company, is expanding even more in Central Texas. The company is adding 100 employees and new hires to its downtown office at One Riverwalk Center in San Antonio. That will nearly double its current downtown workforce, USAA Spokesman Matt Hartwig, wrote in an email. Those employees “will focus on technology, research and development and digital capabilities to improve our members’ experience,” according to Hartwig.

USAALogo“When completed, USAA will have approximately 250 employees working at our downtown location,” Hartwig wrote. It expects to complete the expansion by March of 2017.

USAA also plans to open an Austin office at the corner of 5th and Colorado Streets. That office will have more than 100 Information Technology and design employees.

“These announcements are part of USAA’s strategy to leverage multiple markets across the country, including Phoenix, Tampa and Colorado Springs, to employ the best talent in a given specialty, and we expect that to continue as USAA strives to meet the needs of our members,” Hartwig wrote.

USAA is a Fortune 500 company that is only available to military service members and their families for insurance, banking and investment services. At the end of 2015, the company had more than 11 million members.