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212-869-8926
165 W 46th St 14th fl.
New York, NY 10036-2501

Actors Credit Union is headquartered in New York and is the 48th largest credit union in the state of New York. It is also the 952nd largest credit union in the nation. It was established in 1962 and as of March of 2014, it had grown to 47 employees and 23,651 members. Actors Credit Union's savings rates are 2X the national average, and it has a A health rating.

Field of Membership Restrictions

Union members and employees of the more than 100 organizations listed on our Who Can Join page and their immediate family members are eligible to join ActorsFCU. Immediate family members includes, but is not limited to, spouse/domestic partner, children, grandchildren, siblings, parents, and grandparents. - See Details

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Actors Credit Union had $150,000 in non-current loans and owned real-estate with $16.74 million in equity and loan loss allowances on hand to cover it. This gives Actors Credit Union a Texas Ratio of 0.90% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Actors Credit Union decreased dramatically from 4.37% as of March 31, 2013 to 0.90% as of March 31, 2014, resulting in a positive change of 79.49%.This indicates that the balance sheet and financial strength for Actors Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Actors Credit Union has increased its total deposits by $23.42 million, resulting in 15.03% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Actors Credit Union has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Actors Credit Union has $196.12 million in assets with $16.74 million in equity, resulting in a capitalization level of 8.53%, which is average.

Institution Statistics

Overall
NCUA #15358
Year Chartered1962
Employees47
Primary Regulator
Assets and Liabilities
Assets$196.12 million
Loans$92.10 million
Deposits$179.22 million
Equity Capital$16.43 million
Loan Loss Allowance$304,000
Unbacked Noncurrent Loans$150,000
Real Estate Owned$0
Historic Data - March 2013
Assets$170.79 million
Equity Capital$14.66 million
Loan Loss Allowance$484,000
Unbacked Noncurrent Loans$150,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.05%
Return on Assets1.29%
Return on Equity15.36%
Interest Income$1.11 million
Rates
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Actors Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.10%--eMax$ Online - Four Star
0.80%--eMax$ Online - Three Star
0.70%--eMax$ Online - Two Star
0.60%--eMax$ Online - One Star
0.50%$50-Money Rate IRA
0.50%$50-Money Rate Roth IRA
0.10%$3k-Savings Accounts
0.10%$3k-Business Savings
0.10%$3k-Holiday Club

Actors Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$500-60 Month High-Yield Certificate
1.30%$500-36 Month High-Yield Certificate
1.16%$500-24 Month High-Yield Certificate
0.75%$500-12 Month High-Yield Certificate
0.65%$500-6 Month High-Yield Certificate

Actors Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.15%$250-60 Month IRA
1.45%$250-36 Month IRA
1.31%$250-24 Month IRA
0.90%$250-12 Month IRA
0.80%$250-6 Month IRA
Locations


Actors Credit Union Locations
Branch Office165 W 46th St 14th fl.New York, NY 10036-2501
Branch Office322 W 48th St 4th fl.New York, NY 10036-1308
Branch Office5757 Wilshire Blvd Ste 655Los Angeles, CA 90036-3794
Branch Office165 W 46th StNew York, NY 10036-2501
Branch Office557 W Randolph StChicago, IL 60661