Actors Federal Credit Union is a cooperatively run, not-for-profit financial organization chartered in 1962 for the benefit of the members of Actors’ Equity Association. Today, any paid-up member of Equity, SAG-AFTRA, AGMA, or a member in good standing of any of our 151 member organizations is eligible to apply for membership. Immediate family members are also eligible to join, including but not limited to: spouse/significant other, children, siblings, parents, grandparents, and grandchildren. Click here to learn more about Who Can Join.
Credit Union members pool their money for the benefit of all. Money deposited in members’ Savings (Share) Accounts is used for loans to other members. Interest received on those loans is used to pay dividends on savings. Only the office staff is paid. The Board of Directors and the Credit Committee are elected by the membership and volunteer their time. Members are encouraged to serve on committees, run for office, and vote at the annual meeting, usually held the end of February.
Unlike commercial financial institutions, your Credit Union cares about and serves only one group—our group—The Entertainment Community. This often means a better deal than commercial institutions offer, like lower rates, more cost-effective services, and overall better service.
The mission of Actors Federal Credit Union is to provide a full range of secure, progressive, and first-rate financial services to our members across America by surpassing their expectations.
Our mission is achieved through the visionary ideas of our Board of Directors, our employees, and our members.
Why “Bank” at ActorsFCU
Because we do what others won’t. At the Credit Union you deal with your peers. Decisions are made by fellow members of your profession who understand the ins and outs of it. Credit Union policy is set by your elected officers. When you take advantage of the services offered, you reap the benefits and so do other credit union members: any interest you pay goes back to you and others in dividends, more services, and lower loan rates.
- We are a full-service financial institution.
- Our interest and dividend rates are competitive with, or better than, commercial and savings banks.
- Saving here helps you build a credit base toward consideration for loans.
- Your deposits and IRAs with the Credit Union are federally insured up to $250,000 by the NCUSIF (National Credit Union Share Insurance Fund).
- Low-cost life insurance is available on loans.
Just So You Know…
The Credit Union is not part of Equity, SAG-AFTRA, AGMA, or any of our member organizations. We have our own offices and our own finances. When you save here, your money benefits only yourself and other Credit Union members.
If you are granted a loan, the money comes from the Credit Union, not from Equity, SAG-AFTRA, or AGMA’s treasuries, nor from any of our other member organizations.