ACA delivers the award winning US banking solution to its members! old pages | Washingt... - 0 views
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For US citizens living abroad, opening and maintaining a US bank account has been a BIG problem. Many US citizens still need and want US banking services to manage US based investments, receive their Social Security benefits, maintain US credit - the list goes on
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ACA provides a solution with the ACA-Members/SDFCU Account, developed by ACA in cooperation with the State Department Federal Credit Union (SDFCU).
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What is it? ACA has teamed up with the State Department Federal Credit Union to provide SDFCU accounts for Americans residing abroad. This is the same type of account used by Americans working at US embassies, as well as many other people around the world. See our Description and FAQs here.
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The State Department Federal Credit Union is not affiliated with the State Department nor in any way with the US Government and you don’t have to be connected in any way with the Federal Government to qualify.
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Credit unions are member-owned financial cooperatives which exist for the benefit of their customers. Like banks, credit unions accept deposits, make loans and provide a wide array of financial services to their members
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The ACA-Members/SDFCU account is simple to open and maintain. Everything can be done online. The most up-to-date EMV secure (Chip enabled) cards are available
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Member “deposits” and savings – technically “shares” – are insured by the National Credit Union Insurance Fund, in a similar way to the way bank deposits are insured by the Federal Deposit Insurance Corporation.
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SDFCU offers the opportunity to work with a certified financial counselor, if you like. This is a free service. Also, you can appoint your own investment advisor, using a power of attorney.