[The Surety & Fidelity Association of America (SFAA) The Surety & Fidelity Association of America (formerly known as The Surety Association of America) is a trade association consisting of companies that collectively write the majority of surety and fidelity bonds in the United States. These are the bonds that facilitate commerce, assist economic development, and protect consumers, taxpayers, and businesses in a variety of ways, such as: guaranteeing the completion of construction projects, such as schools, roads, office buildings, and hospitals; assuring the payment of contractors; helping achieve compliance with state laws; and protecting against breach of fiduciary responsibilities. ]