- Minimum loan amount: $10,001
- Maximum loan amount: $49,999
- Must be for actual instruments; equipment, amps, etc. are not eligible for this type of loan
- Financing of up to 75% of the appraised value or sales price of the instrument, whichever is lower
- For instrument loans of less than $10,000 or for equipment financing, members may apply for a Personal Loan
- 10% of loan value may be required in Savings Account
- Rates posted are as low as and are based on a member's credit worthiness
- Rates and terms subject to change without notice
- ActorsFCU Savings Account required; must be opened before application can be processed
For additional requirements, call Loan Department: 212.869.8926, Option 4
Have loan payments automatically deducted from your Power Checking Account and save on interest charges. Your interest will be lowered by 0.25% from our basic rate (Mortgages, Home Equity Loans, Balance Transfer Loans, and credit cards excluded).