Actors Federal Credit Union is offering a 11-month Certificate Account Special with a 4.33% APY*.
Rates are subject to change without notice*.
Joining The Credit Union
Actors Federal Credit Union is excited to welcome members of the Entertainment Community! If you belong to Actors' Equity Association, SAG-AFTRA, or any of our 100+ approved membership organizations, you are eligible to join the credit union. Young performers (under age 18) are also welcome to open Coogan Accounts without union affiliation.
Immediate family members of current Actors FCU members are also eligible to join. Family members include but are not limited to spouse/domestic partner, children, siblings, parents, grandparents, and grandchildren. However, a completed Certification of Relationship Form will be required along with their membership application.
Not a union member yet? We can help!
- ActorsFCU offers a special Union Initiation Loan to help you cover the costs of joining Actors' Equity Association, SAG-AFTRA, or the union of your choice.
- Get the benefits of union membership now, then take up to three years to repay your union initiation fees.
Reasons to join Actors FCU
- We make banking simple! It only takes $100 to join Actors FCU and as long as you leave that money in your savings account, there are no other minimum balance requirements or monthly fees to worry about. We offer all the conveniences of online and mobile banking, including remote check deposit, to keep you connected to your money 24/7.
- We've got a wide reach. In addition to our offices in New York City, Chicago, Los Angeles, and North Hollywood, our members have access to an additional 5,000+ credit union locations and nearly 30,000 surcharge-free ATMs nationwide. This nationwide access is thanks to our partnership in the CO-OP Network.
- We're a not-for-profit. Our not-for-profit status allows us to offer fewer fees and better rates than for-profit banks.
- We're a co-operative. All of our members are equal owners of the credit union, with the right to vote on important credit union matters.
- We're community minded. Our credit union was founded in 1962 specifically to serve members of Actors' Equity Association. Although we've expanded through the years, we still maintain a closed membership which means that only professionals from approved groups in the entertainment industry are allowed to join.
Benefits of credit union membership
- Low minimum balance requirements. Maintain at least $100 in your share savings account and you won't pay any monthly fees to maintain your account.
- Free checking. Our free Power Checking account has no monthly or annual fees, and no minimum balance requirements. Better yet, our Power Checking account comes with a free VISA debit card with Member Rewards. Earn reward points every time you use your card!
- Access to low-cost loans. Credit unions have long been known for their favorable loan rates, Actors FCU is no exception. We offer a full suite of loan products, credit cards, and mortgages.
Account Opening
Open An Account
Prospective Member:
A Savings Account is required for membership with Actors Federal Credit Union (Actors FCU). Personal accounts require an initial deposit of $100 to the savings account at opening. A balance of $100 must be in the savings account before the end of each calendar month and one member-initiated transaction must be completed every twelve months to avoid fees.
Personal accounts (savings and checking) are available to individuals that belong to one of our affiliated membership organizations (https://www.actorsfcu.com/about/about-us/member-organizations) or are related to an immediate family member (parent, child, sibling, spouse/domestic partner, grandparent or grandchild) with an existing account.
WHAT WE NEED FROM YOU:
In order to open a Personal Account with Actors FCU, please prepare the following items/documents:
1. Completed membership application package with wet signature(s) – No Digital Signatures.
2. Proof of membership eligibility:
- Select Employee Group (SEG) affiliation (unexpired union card, recent pay stub or original letter from employer). OR
- Proof of relationship to current member (certification of relationship form).
3. Copy of Valid Government-issued photo ID for all account holders.
4. Proof of address (e.g., utility bill or lease agreement) if the address on the custodian’s photo ID does not match the address listed on your membership application.
HOW TO SUBMIT YOUR INFORMATION:
Our preferred method of document submission is through our Secure File Upload Center located on our website. Complete the required fields and upload all items listed above.
If you do not have the ability to submit your application via our Secure File Upload Center, we can also accept your application and documents in person or via USPS mail. Applications should be submitted to the Actors FCU Branch that is nearest to your home address. Applications that are submitted via mail or fax may require additional time for processing. Our branch locations are listed on the footer of this letter or at https://www.actorsfcu.com/about/locations/locations.
PROCESSING THE APPLICATION:
Once we have received the completed application and all supporting documents, the package will be assigned to a new account representative within 1 to 3 business days. You will receive an email with the name and email address of the assigned representative. Once the application is assigned, please allow 7 to 10 business days for account opening. Please note that incomplete packages will delay these processing times.
FUND YOUR NEW ACCOUNT:
You must deposit at least $100 to establish this membership.
If you have any questions or need assistance, please contact us at 212.869.8926, option 6.
If you need help applying for membership, please call us at 212.869.8926, option 6 or send us an email at newaccounts@actorsfcu.com. You may also visit one of our Actors FCU branch locations and our Member Services Team will be happy to assist you.
