Local 79 recently received membership in Actors Federal Credit Union (ActorsFCU). As of July 1, 2014, Local 79 members and staff can apply to open up accounts at ActorsFCU. Credit unions are not-for-profit financial institutions that offer services similar to those of a commercial bank.

ActorsFCU offers a full range of financial services, including checking and savings accounts, loans and mortgages, and credit cards. It has two offices with teller services in and near Times Square that are open Monday-Friday, 9:00 am-4:00 pm, phone hours that extend from 9:00 am-8:00 pm, and online/smartphone banking services. ActorsFCU owns nearly 300 ATMS throughout the five boroughs (this is second in NYC only to Chase), primarily in McDonalds, and belongs to Coop Network, which provides 30,000 fee-free ATMs around the country. (Note that many of the ATMs dispense cash but do not accept deposits.) It has a relationship with numerous check cashing stores in New York City, which offer the ability to deposit checks for free and to cash all or part of a check for a discounted rate.

ActorsFCU is offering Local 79 members a special promotion from July 1, 2014 through December 31, 2014. During this time, new Local 79 members who join the credit union will receive free banking services if they open an account and make a $10.00 deposit into savings. As of January 1, 2015, members must maintain a $100 balance in savings to continue enjoy free banking services. Local 79 the mail. Members will need the following documents in order to open an account: A current U.S, Government-issued photo identification (passport, driver’s license, etc.), a valid Social Security number, their union book, and proof of address (utility bill, lease etc.) Members will be able to sign up for accounts at Local 79 on various evenings this fall. 

“This is a huge step forward in helping to address the banking needs of Local 79 members,” said Local 79 Business Manager Mike Prohaska. ”I am very happy that members will be able to have access to the range of financial services and the personal attention that Actors Federal Credit Union will provide.”  

Further information about ActorsFCU and other financial services can be found here.