Open a Checking Account at SDFCU
Open a Checking Account at SDFCU and enjoy many benefits while avoiding the high fees that usually come with bank accounts. Check out the full review right below!
SDFCU Checking Account: choose the right one for you!
SDFCU is the State Department Federal Credit Union, a financial institution that was founded in 1935 by only eight people. Now, it has grown into a big union formed by over 90,000 members across the world. But is it worth to open a Checking Account at SDFCU?
Besides checking & savings accounts, SDFCU offers credit cards, loan options, and many other services you might enjoy. Today, we will review the checking account options.
|Features offered||From basic to advantage and privilege options that include debit card, interest earnings, large ATM network access, and Credit Union benefits|
|Minimum balance||Basic: $0|
If you are looking for an account without maintenance fees, keep reading to learn how the SDFCU checking options work.
Checking Account at SDFCU: how does it work?
The State Department Federal Credit Union offers a variety of financial products and services at a low cost, including checking accounts.
The three options offered feature flexibility, convenience, and even interest earnings on the Advantage and Privilege options.
Now, let’s review each type of account, so you can choose which fits your profile, needs, and goals better.
Firstly, the SDFCU basic checking account requires no minimum balance, and no monthly fees are charged.
Also, the account comes with a Visa debit card, overdraft protection, free access to approximately 30,000 ATMs, a mobile app, and more.
Although it lacks free checks, free money orders, and interest earnings, it allows deposits through the mobile app.
On the other hand, if you want to earn interest, the Advantage account might be worth considering. Besides all benefits offered by a basic option, this Advantage provides 0.35% APY, free checks, and debit card fee reimbursement.
However, note that this type of account requires a minimum balance of $2,000 and a minimum direct deposit of $200 per month.
In case you want a higher interest earning, a Privilege account might be the one for you. This account offers 0.40% APY, plus all benefits offered by the advantage option and free money orders.
But, it requires a minimum of $25,000 balance and $200 as a minimum direct deposit monthly.
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SDFCU experience: highlights
SDFCU gathers many financial products in one place. It offers online & mobile access, almost 30,000 ATMs for free, and Credit Union benefits, including low rates on loans and special services.
Although you must become a member, you might enjoy the benefits offered, like foreign services, insurance & investment options, and much more.
- SDFCU offers three checking account options;
- Two types of accounts pay interest;
- The accounts don’t charge monthly fees;
- They provide Visa debit card, overdraft protection, free ATM access, and more;
- The basic account doesn’t require a minimum balance.
- You must be a member to open a checking account;
- The basic checking option lacks interest earnings.
Why should you choose a Checking Account at SDFCU?
This Credit Union provides three different account types, so you can choose which one fits your profile better.
Besides that, the products are accessible, and by becoming an SDFCU member, you may enjoy the benefits offered.
How to open a Checking Account?
If you decide to choose a checking account at the State Department Federal Credit Union, check out how to do it right away!
About the author / Aline Augusto
Reviewed by / Aline Barbosa
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