I'd like to share my experience of applying for State Department FCU membership and their premium cash back+ credit card. It took three business days before they approved me. I already have quite a few 2%+ cashback cards: Barclays legacy Priceline Rewards (legacy), Elan Fidelity Rewards, BofA Premium Rewards (with Preferred Rewards status), and Citi Double Cash. But I'm very excited to be able to add SDFCU Premium to my arsenal 
I applied on Friday, 11/13, filling out the combined application for both membership and the credit card. As prompted by the application, I uploaded proof of income, identity, residency documentations, but they later asked me to send over the same set of documents again over DocuSign, so they don't appear to pay attention to what is uploaded to the application system (loanspq). About an hour after application submission, they left a message on loanspq under the membership application asking for proof of address (utility bill, lease agreement, or renter's insurance policy) which I promptly uploaded.
After the weekend, I received a DocuSign email on Monday asking for proof of income and permanent residency. The doc also includes a credit score disclosure saying mine is 769 (Experian/Fair Isaac ver. 2). Soon after I responded to that, another DocuSign email came, this time asking for proof of address again. I believe the DocuSign emails came from the loan officer processing the credit card application, so it looks like it's entirely indendent from the membership application processing folks.
Anyways, no progress on Tuesday. On Wednesday morning a DocuSign doc came with the much anticipated approval message: $5000 credit limit, 9.24% APR which is the lowest offered for this product. However, the same doc also asks me to upload proof of address yet again before they can mail out the card to me. Well, I did that and soon received another DocuSign, this time only containing the credit card terms and reward disclosure, no action items at all, so I assume all is good now. Sure enough, logged into loanspq and both membership and credit card applications are showing as "approved".
I was hoping for a larger starting limit than $5k considering my Citi Double Cash has >$40k limit, but I understand SDFCU is very conservative and they may have been somewhat hesitant after combing through 31+ open accounts on my credit report (4 of which opened over the past two years).
Congratulations on your membership and approval!
Grats on your SDFCU achievements
Congrats!!!
