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Savings Account

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Savings Account

Your front door
to becoming an
ActorsFCU member.

A Savings (Share) Account is required to become an ActorsFCU member and to receive all the services and benefits of the credit union, including Checking Accounts, eMax$ Online, and all loan products.

Looking to open a new savings account?

Look no further! Our savings account features:

  • A low minimum balance requirement, just $100
  • As long as the minimum balance requirement is met, there are no monthly or annual fees*
  • Free VISA debit card with Member Rewards
  • Online & mobile banking
  • Mobile check deposits
  • Your savings account establishes your credit union membership making you eligible for all of our products & services.

Add a free Power Checking account by checking the box for "Checking (draft)" at the top of your membership application.

*There is a $5/monthly fee if a minimum balance of $100 is not maintained in the savings account.


How to Open a Savings Account

  • STEP ONE: complete our fillable PDF application
    • If you want to add a free checking account, check the box for "Checking (draft)"
    • If you want a free VISA debit card, check the box for "VISA Check Card"
    • If you want to receive statements and other notices electronically, check the box for "eDocuments"
    • If you want the ability to deposit checks using your smartphone, check the box for "App Deposit"
       
  • STEP TWO: Print your completed application & sign on the bottom of pages 1, 3, & 4
     
  • STEP THREE: Submit your completed application and required documents via Secure Email*
    • Please CLICK HERE to send us an email requesting a secure file transfer.
    • We will email you back within 1 to 3 business day with an invitation to our Secure Email services
    • When you receive this invite, you will set up a free account, then respond to our email with the following attachments:
      • Signed/completed application
      • Copy of Government-issued photo ID
      • Proof of membership eligibility (e.g., Equity card, SAG-AFTRA card, etc.)
      • Proof of address (e.g., utility bill or lease agreement) if the address on your photo ID does not match the address listed on your membership application
         
  • STEP FOUR: We will open your account within 2 to 3 business days, then email you back via Secure Email to provide your account number and other important information regarding your new account.
     
  • STEP FIVE: Fund your new account.  Your new savings account requires a minimum deposit of $100 to satisfy our minimum balance requirements.

    Apply now for Savings account

*If you do not have the ability to submit your application via Secure Email, we can also accept your application and documents via USPS mail or fax.  Applications should be submitted to the ActorsFCU Branch that is nearest to your home address.  Applications that are submitted via mail or fax may require an additional 1 to 2 business days for processing.

Additional Information:

Your Deposits Are Insured and Safe With Us

Your regular savings, certificate, club, and/or checking deposits are insured by the National Credit Union Share Insurance Fund (NCUSIF) and backed by the U.S. Government.

As an individual account owner, you could have up to $1,750,000 in insurance coverage; for joint-account owners, coverage could go as high as $4 million. [Numbers based on maximum $250K in all accounts and IRAs, and 5 beneficiaries in Trust Accounts.]

 


Calculate Maximum Insurance | More About How Accounts Are Insured


 

For specific insurance needs, contact the NCUA’s Insurance Call Center

Monday through Friday
8:00 AM to 6:30 PM (EDT)
800.755.1030, ext. 1
or call us directly at 212.869.8926, Option 6

  • Maintain a minimum balance of $100 to forgo a $5 monthly maintenance fee
  • Savings Accounts that hit a negative balance trigger an automatic transfer from Checking, eMax$, or Holiday Club, in that order, to bring the negative balance to zero
  • A variable rate, set by the Board of Directors, is paid quarterly in accordance with federal regulations that prohibit dividends in excess of available earnings
  • Business Savings Accounts are also available
  • Immediate family members of ActorsFCU members are also eligible for credit union membership by completing their own application, along with a Certificate of Relationship Form
    • Immediate family includes but is not limited to: spouse/domestic partner, children, siblings, parents, grandparents, and grandchildren.
  • Print your own Deposit Ticket
  • Beneficiaries are natural persons as well as charitable organizations and other nonprofit entities
  • A Trust Account owner with up to 5 different beneficiaries will be insured up to $250,000 per beneficiary
Amount APY APR
$100-$499.99 0.01% 0.01%
$500-$1,499.99 0.01% 0.01%
$1,500-$2,999.99 0.01% 0.01%
$3,000 and up 0.01% 0.01%

APR = Annual Percentage Rate; APY = Annual Percentage Yield

Rates and terms subject to change without notice. As of 03/23/2023
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