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 ~~July 21~~12, ~~2015~~2016

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 ~~2015~~2016-1

(Exact Name of Issuing Entity as Specified in its Charter) Commission File Number: 333-208659-01 Central Index Key Number: 0001683170

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)

	333-184646		71-0898378
	(Commission File Number)		(Registrant’s I.R.S. Employer Identification No.)

71-0898378

9830 Colonnade Blvd., Suite 600 San Antonio, Texas		78230
(Address of Principal Executive Offices)		(Zip Code)

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

(210) 498-0029

USAA Acceptance, LLC 1105 North Market Street, Suite 1300 Wilmington, Delaware		19801
(Address of Registrant’s Principal Executive Offices)		(Zip Code)

(Registrant’s Telephone Number, Including Area Code: (210) 498-0029

~~Not~~9830 ~~Applicable~~Colonnade Blvd., Suite 600, San Antonio, Texas 78230

(Former Name or Former Address, if Changed Since Last Report)

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:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01. Entry into a Material Definitive Agreement.

On September 12, 2016, USAA Acceptance, LLC (“USAA LLC”) and USAA Federal Savings Bank (“USAA FSB”) entered into an underwriting agreement (the “Underwriting Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mizuho Securities USA Inc. and Wells Fargo Securities, LLC, each on behalf of itself and as a representative of the several other underwriters, for the sale of the following notes to be issued by USAA Auto Owner Trust 2016-1 (the “Issuing Entity”): Class A-1, Class A-2, Class A-3, Class A-4 and Class B Auto Loan Asset Backed Notes (together, the “Notes”). The Notes have an aggregate principal balance of $500,000,000 and will be issued on or about September 21, 2016 (the “Closing Date”).

Attached as Exhibit 1.1 is the Underwriting Agreement.

Item 8.01. Other Events.

~~The~~On ~~Registrant~~the isClosing ~~filing~~Date, ~~the~~USAA ~~exhibits~~LLC ~~listed~~and inUSAA ~~Item 9.01(d)~~FSB ~~below~~will inenter ~~connection~~into ~~with~~a purchase agreement (the ~~public~~“Purchase ~~issuance~~Agreement”), to be dated as of the ~~Class~~Closing ADate, whereby USAA FSB will transfer to USAA LLC certain retail motor vehicle installment loans relating to new or used automobiles and light-1duty 0trucks (the “Receivables”) and related property.~~38000%~~ ~~Auto~~The ~~Loan~~Issuing ~~Asset~~Entity, ~~Backed~~a Delaware statutory trust, was established ~~Notes~~pursuant to a trust agreement dated as of August 24, 2016, to be amended and restated as of the ~~Class~~Closing ~~A-2~~Date 0(the “Amended and Restated Trust Agreement”), between USAA LLC and Wells Fargo Delaware Trust Company, National Association, as owner trustee (the “Owner Trustee”).~~82%~~ ~~Auto~~On ~~Loan~~the ~~Asset~~Closing ~~Backed~~Date, ~~Notes~~the Issuing Entity will enter into a sale and servicing agreement, ~~Class A-3~~to 1be dated as of the Closing Date (the “Sale and Servicing Agreement”), among the Issuing Entity, USAA LLC, USAA FSB and U.~~20%~~S. ~~Auto~~Bank ~~Loan~~National ~~Asset~~Association, ~~Backed~~as ~~Notes~~indenture trustee (the “Indenture Trustee”), ~~Class~~pursuant ~~A-4~~to 1which the Receivables and related property will be transferred to the Issuing Entity.~~54%~~ ~~Auto~~On the Closing Date, the Issuing Entity, USAA FSB, as sponsor and servicer, ~~Loan~~and Clayton Fixed Income Services LLC, as asset representations reviewer, will enter into an asset representations review agreement (the “Asset ~~Backed~~Representations ~~Notes~~Review ~~and~~Agreement”), to be dated as of the ~~Class~~Closing BDate, 1relating to the review of certain representations made by USAA FSB with respect to the Receivables pursuant to the Purchase Agreement after satisfaction of certain conditions.~~96%~~ ~~Auto~~Also ~~Loan~~on ~~Asset~~the ~~Backed~~Closing ~~Notes~~Date, the Issuing Entity will enter into an indenture (the “~~Notes~~Indenture”), to be dated as of the Closing Date, between the Issuing Entity and the Indenture Trustee, and acknowledged and accepted by each of USAA ~~Auto~~LLC and ~~Owner~~USAA ~~Trust~~FSB. ~~2015-1 described~~Pursuant to the Indenture, the Issuing Entity will cause the issuance of the Notes and will grant a security interest in the ~~Prospectus~~Receivables ~~Supplement~~and other related property to secure the Notes. Also on the Closing Date, the Issuing Entity and USAA FSB will enter into an administration agreement (the “Administration Agreement”), to be dated ~~July~~as 21of the Closing Date, ~~2015~~relating to the provision by USAA FSB of certain administrative services on behalf of the Issuing Entity relating to the Notes.

Attached as Exhibit 4.1 is the form of Indenture, as Exhibit 10.1 is the form of Purchase Agreement, as Exhibit 10.2 is the form of Sale and Servicing Agreement, as Exhibit 10.3 is the form of Administration Agreement, as Exhibit 10.4 is the form of Amended and Restated Trust Agreement and as Exhibit 10.5 is the form of Asset Representations Review Agreement.

In connection with the offering of the Notes, the chief executive officer of the registrant has made the certifications required by Paragraph I.B.1(a) of Form SF-3 attached as Exhibit 36.1. The certification is being filed on this Current Report to satisfy the requirements of Item 601(b)(36) of Regulation S-K.

Substantially final versions of the transaction documents, the forms of which were filed as Exhibits to the Registration Statement, are being filed on this Current Report in order to satisfy the requirements of Item 1100(f) of Regulation AB.

Item 9.01. Financial Statements and Exhibits.

(a) Not applicable. ~~(b) Not applicable. (c) Not applicable. (d) Exhibits.~~

~~Exhibit~~(b) Not applicable.

No.	Document Description
5.1	Opinion of Mayer Brown LLP dated as of July 24, 2015 with respect to legality matters
8.1	Opinion of Mayer Brown LLP dated as of July 24, 2015 with respect to tax matters

2(c) ~~Form~~Not ~~8-K~~applicable. ~~re:~~(d) ~~legality opinion and federal tax opinion~~Exhibits.

Exhibit
No.	Document Description

1.1	Underwriting Agreement, dated as of September 12, 2016, among Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mizuho Securities USA Inc. and Wells Fargo Securities, LLC, each on behalf of itself and as a representative of the several other underwriters, USAA LLC and USAA FSB.

4.1	Form of Indenture, to be dated as of the Closing Date, between the Issuing Entity and the Indenture Trustee, and acknowledged and accepted by each of USAA LLC and USAA FSB.

10.1	Form of Purchase Agreement, to be dated as of the Closing Date, between USAA LLC and USAA FSB.

10.2	Form of Sale and Servicing Agreement, to be dated as of the Closing Date, among the Issuing Entity, USAA LLC, USAA FSB and the Indenture Trustee.

10.3	Form of Administration Agreement, to be dated as of the Closing Date, between the Issuing Entity and USAA FSB, as administrator, and acknowledged and agreed to by the Indenture Trustee.

10.4	Form of Amended and Restated Trust Agreement, to be dated as of the Closing Date, between USAA LLC and the Owner Trustee.

10.5	Form of Asset Representations Review Agreement, to be dated as of the Closing Date, among USAA FSB, the Issuing Entity and Clayton Fixed Income Services LLC.

36.1	Depositor Certification, dated September 12, 2016, for shelf offerings of asset-backed securities

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.

July 24, 2015	USAA AUTO OWNER TRUST 2015-1
September 14, 2016	USAA AUTO OWNER TRUST 2016-1
	By:	USAA Federal Savings Bank,
	By: USAA Federal Savings Bank, as Servicer
		as Servicer
	By:	/s/ Martha D. Leiper
	Name: Martha D. Leiper
	Title: Senior Vice President, Treasurer

~~By:~~S-1 ~~/s/~~Form ~~Usama~~8-K ~~F. Ashraf Name~~re: ~~Usama~~transaction ~~F. Ashraf Title: Vice President, Treasurer~~documents

S-1 Opinion 8-K

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