{"id":32097,"date":"2021-12-04T14:59:01","date_gmt":"2021-12-04T14:59:01","guid":{"rendered":"https:\/\/adamfayed.com\/?p=32097"},"modified":"2025-04-11T12:51:40","modified_gmt":"2025-04-11T12:51:40","slug":"united-nations-federal-credit-union-review-part-1","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/es\/review-articles\/united-nations-federal-credit-union-review-part-1\/","title":{"rendered":"United Nations Federal Credit Union Revisi\u00f3n parte 1"},"content":{"rendered":"<p>My experience helping UN staff has taught me that UNFCU is good for banking, but not for investments. However, my staff have summarised some of the other pros and cons associated with the option below.<\/p>\n\n\n\n<p>Nothing written here should be considered as any form of financial advice.&nbsp;<\/p>\n\n\n\n<p>For any questions, or if you are looking to invest as an expat, you can <a href=\"https:\/\/adamfayed.com\/es\/contact\/\" data-type=\"link\" data-id=\"https:\/\/adamfayed.com\/contact\/\">p\u00f3ngase en contacto con<\/a> me.<\/p>\n\n\n\n<p>En <a href=\"https:\/\/www.unfcu.org\/\" data-type=\"link\" data-id=\"https:\/\/www.unfcu.org\/\" target=\"_blank\" rel=\"noopener\">United Nations Federal Credit Union<\/a> is an American credit union headquartered in Long Island City, New York. United Nations personnel moving from their home countries to New York has created a need for a financial institution where non-US citizens can do banking. They founded the bank in 1947 to meet the needs of international clients. Today, the UN and its affiliates can bank at <a class=\"wpil_keyword_link\" href=\"https:\/\/adamfayed.com\/es\/united-nations-federal-credit-union-review-part-1\/\" title=\"UNFCU\" data-wpil-keyword-link=\"linked\" data-wpil-monitor-id=\"1968\">UNFCU<\/a> in the United States. GOBankingRates named it one of the top credit unions of 2021 on their annual list.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"725\" height=\"484\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/UN-with-Logo.jpg\" alt=\"United Nations Federal Credit Union Review\" class=\"wp-image-32098\" style=\"width:386px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/UN-with-Logo.jpg 725w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/UN-with-Logo-300x200.jpg 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/UN-with-Logo-81x54.jpg 81w\" sizes=\"(max-width: 725px) 100vw, 725px\" \/><\/figure>\n<\/div>\n\n\n\n<p>In October 2010, UNFCU began issuing chip and PIN cards to its customers, becoming the first institution in the United States to do so. Membership in the UNFCU is open to staff, consultants, and retirees of the United Nations and related agencies, including the World Bank and the International Monetary Fund, and their families. It is also open to United Nations Volunteers and those associated with the United Nations International School.<\/p>\n\n\n\n<p>The UN Federal Credit Union is unique in that membership does not require US citizenship. It was founded to meet the needs of people who have come to work for the United Nations from all over the world.<\/p>\n\n\n\n<p>Membership is open to individuals associated with the UN or affiliated agencies such as the World Bank and the International Monetary Fund. The family members of these persons are also eligible.<\/p>\n\n\n\n<p>En <a class=\"wpil_keyword_link\" href=\"https:\/\/adamfayed.com\/es\/category\/review-articles\/\" title=\"revise\" data-wpil-keyword-link=\"linked\" data-wpil-monitor-id=\"1967\">revise<\/a> will give you a lot of details about the bank, the UNFCU products, and services, that will help you decide if this is the best bank for you and for your financial goals.<\/p>\n\n\n\n<p>The main pros:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Membership is available to non-US citizens<\/li>\n\n\n\n<li>Loyalty program for members<\/li>\n\n\n\n<li>Travel services such as currency exchange and international calling cards<\/li>\n\n\n\n<li>Large ATM network without commission<\/li>\n\n\n\n<li>Support numbers for 25 countries<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>The main cons:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cash deposits at non-UNFC ATMs are not permitted<\/li>\n\n\n\n<li>Bank branches only in New York and Washington, DC.<\/li>\n\n\n\n<li>Low rates<\/li>\n\n\n\n<li>No money market account<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"united-nations-federal-credit-union-products\"><strong>United Nations Federal Credit Union Products Overview<\/strong><\/h2>\n\n\n\n<p>The bank has a wide range of different products and services for any kind of need. And as non-profit organizations, credit unions strive to provide high-quality banking products with competitive rates and low fees. Let\u2019s take a look at the UNFCU services.<\/p>\n\n\n\n<p><strong>Account types:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Personal<\/li>\n\n\n\n<li>UN Consultant<\/li>\n\n\n\n<li>Personal Mission to the UN<\/li>\n\n\n\n<li>Expatriates in the US<\/li>\n\n\n\n<li>Child\/Minor<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Savings and Checking:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cuenta de ahorro<\/li>\n\n\n\n<li>Cuenta corriente<\/li>\n\n\n\n<li>Share Certificates<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Cards:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Credit Cards<\/li>\n\n\n\n<li>Tarjeta de d\u00e9bito<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Pr\u00e9stamos:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Multi-purpose<\/li>\n\n\n\n<li>Educaci\u00f3n<\/li>\n\n\n\n<li>Automobile<\/li>\n\n\n\n<li>Consolidaci\u00f3n de deudas<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>US Home Loans:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>US Mortgages<\/li>\n\n\n\n<li>Special Mortgage Programs<\/li>\n\n\n\n<li>Home Equity<\/li>\n\n\n\n<li>Home Renovation Loans<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"united-nations-federal-credit-union-product-offerings\"><strong>United Nations Federal Credit Union Product Offerings<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Checking accounts<\/h3>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image alignright size-full is-resized\"><img decoding=\"async\" width=\"1024\" height=\"686\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/30444381692_d4cea9663f_b.jpg\" alt=\"United Nations Federal Credit Union Review\" class=\"wp-image-32100\" style=\"width:377px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/30444381692_d4cea9663f_b.jpg 1024w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/30444381692_d4cea9663f_b-300x201.jpg 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/30444381692_d4cea9663f_b-768x515.jpg 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/12\/30444381692_d4cea9663f_b-81x54.jpg 81w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n\n<p>The bank offers good options for opening a checking account, here are the main pros and cons, and features.<\/p>\n\n\n\n<p>Features:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Free account<\/li>\n\n\n\n<li>Free personal checks \u2013 just pay tax and shipping<\/li>\n\n\n\n<li>Eligibility for premium and remuneration dividends<\/li>\n\n\n\n<li>Overdraft Protection Through Credit Line Verification For Qualified Members<\/li>\n\n\n\n<li>Available as a youth account<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Pros:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No minimum balance and no monthly fees<\/li>\n\n\n\n<li>Premium rates for eligible members<\/li>\n\n\n\n<li>The right to receive dividends<\/li>\n\n\n\n<li>Youth account available<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Contras:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The premium rate applies to the first $ 15,000 only<\/li>\n\n\n\n<li>Rewards are only good for paying bank fees for most clients<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cuentas de ahorro<\/h3>\n\n\n\n<p>UNFCS savings accounts include a high-yield account as well as individual retirement savings accounts. Also available are juvenile accounts and a juvenile account. In the case of a depository account, the minor acts as the primary account holder, but the parent or grandparent who opens the account retains full control over the funds.<\/p>\n\n\n\n<p>Features:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High-yield savings with tiered interest rates<\/li>\n\n\n\n<li>IRA Savings Account Available<\/li>\n\n\n\n<li>Youth account for children from 12 to 17 years old<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Pros:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Preferential Tax Savings for US Citizens with an IRA Savings Account<\/li>\n\n\n\n<li>Digital banking is available for savings and youth accounts<\/li>\n\n\n\n<li>Qualified youth account holders who are eligible for a debit card with limited purchase and withdrawal limits<\/li>\n\n\n\n<li>Highly profitable savings allowing you to receive loyalty bonuses<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Contras:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Low maximum rate of 0.25% for high-yield savings<\/li>\n\n\n\n<li>Low regular rate of 0.10% for high yielding savings and IRA savings accounts<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">CD Accounts<\/h3>\n\n\n\n<p>Stock Certificates &#8211; the CD-ROM version for credit unions &#8211; are a risk-free way to increase savings, and UNFCU offers four types to choose from. Balances are taken into account when calculating the loyalty dividend.<\/p>\n\n\n\n<p>Features:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Choose from Standard, Simple Saver, Impact and Flex Rate certifications.<\/li>\n\n\n\n<li>Term from three to 60 months for a standard certificate<\/li>\n\n\n\n<li>Low initial deposit requirements<\/li>\n\n\n\n<li>Impact Certificates Benefit Environmental and Social Initiatives<\/li>\n\n\n\n<li>Flex Rate certificate allows one-time rate hikes<\/li>\n\n\n\n<li>Dividends are accrued daily<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Pros:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You can top up your Simple Saver account<\/li>\n\n\n\n<li>Low initial deposit of $ 250 for Super Saver; USD 500 for other certificates<\/li>\n\n\n\n<li>Flex Rate certificate fixes the new rate for the remainder of the certificate<\/li>\n\n\n\n<li>Good interest rates than savings accounts offer<\/li>\n\n\n\n<li>Simple Saver pays out a $ 25 bonus if the member has made two deposits and has a balance of $ 2,500 at redemption.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Contras:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Only one term is available for Simple Saver, Impact and Flex Rate.<\/li>\n\n\n\n<li>Low 0.10% and 0.15% per annum for less than a year<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Credit cards:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Two cards to choose from<\/li>\n\n\n\n<li>Promotional introductory courses<\/li>\n\n\n\n<li>Low common annual interest rate of 9.9% -10.9%<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Seguro:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Life, accident and dismemberment insurance for US residents<\/li>\n\n\n\n<li>Health, disability, auto, property, mobile property, and special risk insurance for members outside of the United States.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Investing:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a class=\"wpil_keyword_link\" title=\"Planificaci\u00f3n financiera\" data-wpil-keyword-link=\"linked\" data-wpil-monitor-id=\"886\" href=\"https:\/\/adamfayed.com\/es\/financial-planning\/personal-financial-planning\/\">Planificaci\u00f3n financiera<\/a><\/li>\n\n\n\n<li>Retirement Planning and Retirement Review<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Pr\u00e9stamos:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Home loans to buy, refinance or renovate your home<\/li>\n\n\n\n<li>Secured and unsecured personal loans for any purpose including debt consolidation and line of credit checks<\/li>\n\n\n\n<li>Loans for education<\/li>\n\n\n\n<li>Secured and Unsecured Car Loans<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Banking experience<\/h3>\n\n\n\n<p>For UN-affiliated Americans living in the United States or overseas, and foreign nationals living in the United States, UNFCU makes it easy to manage their finances at home and abroad.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Other Information<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Atenci\u00f3n al cliente<\/h3>\n\n\n\n<p>Customer service is the strength of UNFCU. The call center works around the clock, seven days a week. Toll-free numbers are available for 25 countries, and the credit union also maintains a UN connection available at select locations.<\/p>\n\n\n\n<p>In addition, members can make a free Skype call to Skype, start a web chat and receive an immediate response, or send a secure email.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Branches<\/h3>\n\n\n\n<p><strong>En <\/strong>UNFCU is available for a limited timeframe in the United States, and overseas to Austria, Italy, Kenya, Switzerland and Uganda. Anyways, the members also have direct access to about 5,400 general branches.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Digital experience<\/h3>\n\n\n\n<p>As you would expect from an international credit union, UNFCU offers a robust digital platform. You can pay bills through online bill payment, transfer money abroad in many currencies, apply for a loan, and view your account history for 36 months.<\/p>\n\n\n\n<p>The mobile app, available for iOS and Android, allows you to transfer funds to your accounts at UNFCU and other financial institutions. The app also supports loan applications, loans on existing lines of credit, and deleted checks. Android users rated the app with 4.6 out of five stars on Google Play. The iOS version has a much lower 2.8 out of five stars rating on the App Store but has been rated by less than 50 users.<\/p>\n\n\n\n<p>UNFCU provides account security through technologies such as secure socket encryption. Installing Google Authenticator on your device allows you to log in with a security code, and it works all over the world.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Conveniencia<\/h3>\n\n\n\n<p>Shared branch networks and ATM cash withdrawals at UNFCU, CO-OP, and Allpoint at no additional charge allow credit union banking to be carried out easily, despite the fact that there are several branches owned by UNFCU.<\/p>\n\n\n\n<p>Part two is available <a href=\"https:\/\/adamfayed.com\/es\/united-nations-federal-credit-union-review-how-to-open-an-account\/\">aqu\u00ed<\/a>. <\/p>\n\n\n\n<p><strong>\u00bfLe duele la indecisi\u00f3n financiera? <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"512\" height=\"288\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg\" alt=\"\" class=\"wp-image-117505\" style=\"width:683px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-300x169.jpg 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-768x432.jpg 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-scaled.jpg 825w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/es\/become-adams-client\/\">Convi\u00e9rtase en mi cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/es\/good-match-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Realice el cuestionario de elegibilidad de clientes<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/es\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">P\u00f3ngase en contacto con<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Adam es un autor reconocido internacionalmente en temas financieros, con m\u00e1s de 830 millones de respuestas en Quora, un libro muy vendido en Amazon y colaborador de Forbes.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>My experience helping UN staff has taught me that UNFCU is good for banking, but not for investments. However, my staff have summarised some of the other pros and cons associated with the option below. Nothing written here should be considered as any form of financial advice.&nbsp; For any questions, or if you are looking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10166176115445471_100883565069113":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[11534],"tags":[9890,9679],"class_list":["post-32097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-review-articles","tag-savings-accounts","tag-unfcu-review"],"_links":{"self":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/32097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/comments?post=32097"}],"version-history":[{"count":2,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/32097\/revisions"}],"predecessor-version":[{"id":132066,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/32097\/revisions\/132066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/media\/32099"}],"wp:attachment":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/media?parent=32097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/categories?post=32097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/tags?post=32097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}