Exhibit
      33.1




**Report
      on Assessment of Compliance with Applicable Servicing Criteria for Asset-Backed
      Securities of USAA Federal Savings Bank**




1.
            USAA
                Federal Savings Bank (“FSB”) is responsible for assessing compliance with
                the servicing criteria applicable to it under paragraph (d) of Item
                1122
                of Regulation AB, as of December 31, 2007 and for the period from
                June 19,
                2007 (the date of issuance of the Notes issued by USAA Auto Owner
                Trust
                2007-1) through December 31, 2007 (the “Reporting Period”), as set forth
                in Appendix A hereto. The transactions covered by this report include
                asset-backed securities transactions for which FSB acted as servicer
                involving retail auto loans other than transactions consummated prior
                to
                the effectiveness of Regulation AB (the
                “Platform”);




2.
            FSB
                used the criteria set forth in paragraph (d) of Item 1122 of Regulation
                AB
                to assess compliance with the applicable servicing
                criteria;




3.
            The
                criteria listed in the columns titled “Inapplicable Servicing Criteria” on
                Appendix A hereto are inapplicable to FSB based on the activities
                it
                performs with respect to the
                Platform;




4.
            FSB
                has complied, in all material respects, with the applicable servicing
                criteria as of December 31, 2007 and for the Reporting Period****with
                respect to the Platform taken as a whole;
                and




5.
            Ernst
                & Young LLP, an independent registered public accounting firm, has
                issued an attestation report for the Platform on FSB’s assessment of
                compliance with the applicable servicing criteria as of December
                31, 2007
                and for the Reporting Period.




USAA
                FEDERAL SAVINGS BANKBy:
            /s/
                DAVID K. KIMBALLName:
                David K. KimballTitle:
                Vice President, Senior Financial
                Officer




March
      31,
      2008










APPENDIX
      A




**SERVICING
                CRITERIA**
            **APPLICABLE**
              **SERVICING
                CRITERIA**
            **INAPPLICABLE**
              **SERVICING**
              **CRITERIA****Reference**
            **Criteria**
            **Performed**
              **Directly**
              **by**
              **FSB**
            **Performed**
              **by**
              **Vendor(s)**
              **for
                which**
              **FSB
                is the**
              **Responsible**
              **Party**
            **Performed
                by subservicer(s)**
              **or****vendor(s)**
              **for
                which**
              **FSB
                is NOT**
              **the**
              **Responsible**
              **Party**
            **NOT**
              **performed
                by**
              **FSB
                or by**
              **subservicer(s)**
              **or
                vendor(s)**
              **retained
                by**
              **FSB****General
                Servicing Considerations**1122(d)(1)(i)
            Policies
                and procedures are instituted to monitor any performance or other
                triggers
                and events of default in accordance with the transaction
                agreements.
            **X**1122(d)(1)(ii)
            If
                any material servicing activities are outsourced to third parties,
                policies and procedures are instituted to monitor the third party’s
                performance and compliance with such servicing activities.
            **X**1122(d)(1)(iii)
            Any
                requirements in the transaction agreements to maintain a back-up
                servicer
                for the pool assets are maintained.
            
            
            
            **X**1122(d)(1)(iv)
            A
                fidelity bond and errors and omissions policy is in effect on the
                party
                participating in the servicing function throughout the reporting
                period in
                the amount of coverage required by and otherwise in accordance with
                the
                terms of the transaction agreements.
            **X****Cash
                Collection and Administration**1122(d)(2)(i)
            Payments
                on pool assets are deposited into the appropriate custodial bank
                accounts
                and related bank clearing accounts no more than two business days
                following receipt, or such other number of days specified in the
                transaction agreements.
            **X**1122(d)(2)(ii)
            Disbursements
                made via wire transfer on behalf of an obligor or to an investor
                are made
                only by authorized personnel.
            **X**
            
            **X**1122(d)(2)(iii)
            Advances
                of funds or guarantees regarding collections, cash flows or distributions,
                and any interest or other fees charged for such advances, are made,
                reviewed and approved as specified in the transaction
                agreements.
            **X**1122(d)(2)(iv)
            The
                related accounts for the transaction, such as cash reserve accounts
                or
                accounts established as a form of overcollateralization, are separately
                maintained (e.g., with respect to commingling of cash) as set forth
                in the
                transaction agreements.
            
            
            **X**













**SERVICING
                CRITERIA**
            **APPLICABLE**
              **SERVICING
                CRITERIA**
            **INAPPLICABLE**
              **SERVICING**
              **CRITERIA****Reference**
            **Criteria**
            **Performed**
              **Directly**
              **by**
              **FSB**
            **Performed**
              **by**
              **Vendor(s)**
              **for
                which**
              **FSB
                is the**
              **Responsible**
              **Party**
            **Performed
                by subservicer(s)**
              **or
                vendor(s)**
              **for
                which**
              **FSB
                is NOT**
              **the**
              **Responsible**
              **Party**
            **NOT**
              **performed
                by**
              **FSB
                or by**
              **subservicer(s)**
              **or
                vendor(s)**
              **retained
                by**
              **FSB**1122(d)(2)(v)
            Each
                custodial account is maintained at a federally insured depository
                institution as set forth in the transaction agreements. For purposes
                of
                this criterion, “federally insured depository institution” with respect to
                a foreign financial institution means a foreign financial institution
                that
                meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange
                Act.
            
            
            **X**1122(d)(2)(vi)
            Unissued
                checks are safeguarded so as to prevent unauthorized
                access.
            
            
            
            **X**1122(d)(2)(vii)
            Reconciliations
                are prepared on a monthly basis for all asset-backed securities related
                bank accounts, including custodial accounts and related bank clearing
                accounts. These reconciliations are (A) mathematically accurate;
                (B)
                prepared within 30 calendar days after the bank statement cutoff
                date, or
                such other number of days specified in the transaction agreements;
                (C)
                reviewed and approved by someone other than the person who prepared
                the
                reconciliation; and (D) contain explanations for reconciling items.
                These
                reconciling items are resolved within 90 calendar days of their original
                identification, or such other number of days specified in the transaction
                agreements.
            **X**
            
            **X****Investor
                Remittances and Reporting**1122(d)(3)(i)
            Reports
                to investors, including those to be filed with the Commission, are
                maintained in accordance with the transaction agreements and applicable
                Commission requirements. Specifically, such reports (A) are prepared
                in
                accordance with timeframes and other terms set forth in the transaction
                agreements; (B) provide information calculated in accordance with
                the
                terms specified in the transaction agreements; (C) are filed with
                the
                Commission as required by its rules and regulations; and (D) agree
                with
                investors’ or the trustee’s records as to the total unpaid principal
                balance and number of pool assets serviced by the
                Servicer.
            **X**
            
            **X**1122(d)(3)(ii)
            Amounts
                due to investors are allocated and remitted in accordance with timeframes,
                distribution priority and other terms set forth in the transaction
                agreements.
            
            
            **X**













**SERVICING
                CRITERIA**
            **APPLICABLE**
              **SERVICING
                CRITERIA**
            **INAPPLICABLE**
              **SERVICING**
              **CRITERIA****Reference**
            **Criteria**
            **Performed**
              **Directly**
              **by**
              **FSB**
            **Performed**
              **by**
              **Vendor(s)**
              **for
                which**
              **FSB
                is the**
              **Responsible**
              **Party**
            **Performed
                by**
              **subservicer(s)**
              **or
                vendor(s)**
              **for
                which**
              **FSB
                is NOT**
              **the**
              **Responsible**
              **Party**
            **NOT**
              **performed
                by**
              **FSB
                or by**
              **subservicer(s)**
              **or
                vendor(s)**
              **retained
                by**
              **FSB**1122(d)(3)(iii)
            Disbursements
                made to an investor are posted within two business days to the Servicer’s
                investor records, or such other number of days specified in the
                transaction agreements.
            
            
            **X**1122(d)(3)(iv)
            Amounts
                remitted to investors per the investor reports agree with cancelled
                checks, or other form of payment, or custodial bank
                statements.
            
            
            **X****Pool
                Asset Administration**1122(d)(4)(i)
            Collateral
                or security on pool assets is maintained as required by the transaction
                agreements or related mortgage loan documents.
            **X**
            
            **X**1122(d)(4)(ii)
            pool
                asset and related documents are safeguarded as required by the transaction
                agreements
            **X**
            
            **X**1122(d)(4)(iii)
            Any
                additions, removals or substitutions to the asset pool are made,
                reviewed
                and approved in accordance with any conditions or requirements in
                the
                transaction agreements.
            **X**1122(d)(4)(iv)
            Payments
                on pool assets, including any payoffs, made in accordance with the
                related
                pool asset documents are posted to the Servicer’s obligor records
                maintained no more than two business days after receipt, or such
                other
                number of days specified in the transaction agreements, and allocated
                to
                principal, interest or other items (e.g., escrow) in accordance with
                the
                related pool asset documents.
            **X**1122(d)(4)(v)
            The
                Servicer’s records regarding the pool assets agree with the Servicer’s
                records with respect to an obligor’s unpaid principal
                balance.
            **X**1122(d)(4)(vi)
            Changes
                with respect to the terms or status of an obligor’s pool assets (e.g.,
                loan modifications or re-agings) are made, reviewed and approved
                by
                authorized personnel in accordance with the transaction agreements
                and
                related pool asset documents.
            **X**1122(d)(4)(vii)
            Loss
                mitigation or recovery actions (e.g., forbearance plans, modifications
                and
                deeds in lieu of foreclosure, foreclosures and repossessions, as
                applicable) are initiated, conducted and concluded in accordance
                with the
                timeframes or other requirements established by the transaction
                agreements.
            **X**














**SERVICING
                CRITERIA**
            **APPLICABLE**
              **SERVICING
                CRITERIA**
            **INAPPLICABLE**
              **SERVICING**
              **CRITERIA****Reference**
            **Criteria**
            **Performed**
              **Directly**
              **by**
              **FSB**
            **Performed**
              **by**
              **Vendor(s)**
              **for
                which**
              **FSB
                is the**
              **Responsible**
              **Party**
            **Performed
                by**
              **subservicer(s)**
              **or
                vendor(s)**
              **for
                which**
              **FSB
                is NOT**
              **the**
              **Responsible**
              **Party**
            **NOT**
              **performed
                by**
              **FSB
                or by**
              **subservicer(s)**
              **or
                vendor(s)**
              **retained
                by**
              **FSB**1122(d)(4)(viii)
            Records
                documenting collection efforts are maintained during the period a
                pool
                asset is delinquent in accordance with the transaction agreements.
                Such
                records are maintained on at least a monthly basis, or such other
                period
                specified in the transaction agreements, and describe the entity’s
                activities in monitoring delinquent pool assets including, for example,
                phone calls, letters and payment rescheduling plans in cases where
                delinquency is deemed temporary (e.g., illness or
                unemployment).
            **X**1122(d)(4)(ix)
            Adjustments
                to interest rates or rates of return for pool assets with variable
                rates
                are computed based on the related pool asset documents.
            
            
            
            **X**1122(d)(4)(x)
            Regarding
                any funds held in trust for an obligor (such as escrow accounts):
                (A) such
                funds are analyzed, in accordance with the obligor’s pool asset documents,
                on at least an annual basis, or such other period specified in the
                transaction agreements; (B) interest on such funds is paid, or credited,
                to obligors in accordance with applicable pool asset documents and
                state
                laws; and (C) such funds are returned to the obligor within 30 calendar
                days of full repayment of the related pool assets, or such other
                number of
                days specified in the transaction agreements.
            
            
            
            **X**1122(d)(4)(xi)
            Payments
                made on behalf of an obligor (such as tax or insurance payments)
                are made
                on or before the related penalty or expiration dates, as indicated
                on the
                appropriate bills or notices for such payments, provided that such
                support
                has been received by the Servicer at least 30 calendar days prior
                to these
                dates, or such other number of days specified in the transaction
                agreements.
            
            
            
            **X**1122(d)(4)(xii)
            Any
                late payment penalties in connection with any payment to be made
                on behalf
                of an obligor are paid from the Servicer’s funds and not charged to the
                obligor, unless the late payment was due to the obligor’s error or
                omission.
            
            
            
            **X**1122(d)(4)(xiii)
            Disbursements
                made on behalf of an obligor are posted within two business days
                to the
                obligor’s records maintained by the Servicer, or such other number of days
                specified in the transaction agreements.
            
            
            
            **X**













**SERVICING
                CRITERIA**
            **APPLICABLE**
              **SERVICING
                CRITERIA**
            **INAPPLICABLE**
              **SERVICING**
              **CRITERIA****Reference**
            **Criteria**
            **Performed**
              **Directly**
              **by**
              **FSB**
            **Performed**
              **by**
              **Vendor(s)**
              **for
                which**
              **FSB
                is the**
              **Responsible**
              **Party**
            **Performed
                by**
              **subservicer(s)**
              **or
                vendor(s)**
              **for
                which**
              **FSB
                is NOT**
              **the**
              **Responsible**
              **Party**
            **NOT**
              **performed
                by**
              **FSB
                or by**
              **subservicer(s)**
              **or
                vendor(s)**
              **retained
                by**
              **FSB**1122(d)(4)(xiv)
            Delinquencies,
                charge-offs and uncollectible accounts are recognized and recorded
                in
                accordance with the transaction agreements.
            **X**1122(d)(4)(xv)
            Any
                external enhancement or other support, identified in Item 1114(a)(1)
                through (3) or Item 1115 of Regulation AB, is maintained as set forth
                in
                the transaction agreements.
            
            
            
            **X**