UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): September 13, 2017

USAA Acceptance, LLC

(Exact Name of Depositor as Specified in its Charter)

Commission File Number: 333-208659

Central Index Key Number: 0001178049

USAA Auto Owner Trust 2017-1

(Exact Name of Issuing Entity as Specified in its Charter)

Commission File Number: 333-208659-02

Central Index Key Number: 0001713660

USAA Federal Savings Bank

(Exact Name of Sponsor as Specified in its Charter)

Central Index Key Number: 0000908392

Delaware

(State or Other Jurisdiction of Incorporation of Registrant)

71-0898378

(Registrant’s I.R.S. Employer Identification No.)

(210) 498-0029

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐  Emerging growth company

☐  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act

The Registrant is filing the exhibits listed in Item 9.01(d) below in connection with the public issuance of the Class A-1 1.28000% Auto Loan Asset Backed Notes (the “Class A-1 Notes”), the Class A-2 1.54% Auto Loan Asset Backed Notes (the “Class A-2 Notes”), the Class A-3 1.70% Auto Loan Asset Backed Notes (the “Class A-3 Notes”), the Class A-4 1.88% Auto Loan Asset Backed Notes (the “Class A-4 Notes”) and the Class B 2.20% Auto Loan Asset Backed Notes (the “Class B Notes”) by USAA Auto Owner Trust 2017-1 described in the Prospectus dated September 13, 2017. An affiliate of the Registrant will initially retain 5% (by initial principal amount) of each of the Class A-1 Notes, Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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