US expats and the State Department Federal Credit Union

[Jingthing]

Currently the State Department is experiencing deep staffing cuts.

Surely that will impact what is often the US "bank" of last resort of Americans abroad -- SDFCU, State Department Federal Credit Union.

You may think you're already well and securely set up for your US banking needs while abroad. but that could change at any moment.

SDFCU will open accounts for expats without a US driver's license or address by passport.

US banks don't do that. SDFCU does.

What I'm suggesting is a little radical. 

I'm suggesting that expats open SDFCU accounts en masse to help them out during a rough patch and also solidify SDFCU's role as the friendliest to expats US financial institution.

I'm not sure what percentage of their accounts are from expats (including embassy staff) at the moment. but if it doubles, it will be harder for them to stop being friendly to us in the future.

Just a thought.

Why not a SDFCU account as a backup anyway if you think you don't need it yet?

 

To clarify for those who don't like anything to do with the government. SDFCU is an independent CREDIT UNION. It is not a part of the State Department.