The notes have legal final maturity dates ranging from Oct. 15, 2026 on the A1 notes to Feb. 15, 2033 on the class B notes, the rating agency said. Moody's set its cumulative net loss (CNL) expectation for the collateral pool is 0.60%, with a loss at the AAA stress level of 3.00%. The nature of USAA, as an insurance and banking services company for military personnel, veterans and their family members, is a credit strength, according to Moody's. "USAA FSB is an experienced servicer, having serviced securitizations since 1993," Moody's analysts wrote. The membership also knows its customers thoroughly, because of its wallet share of borrowers' business. "USAA members frequently utilize many different services offered under the USAA umbrella and often use these products indefinitely," Moody's analysts say. S&P, in turn, says its estimated cumulative net loss (ECNL) of USAOT 2025-A's notes is 0.75%, slightly lower than the 0.80% for series 2024-A.