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. Description 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. 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. Our purpose is to financially serve the the creative community.