Issue link: https://digital.copcomm.com/i/1506201
Don't Forget About the Other Great Unions: CREDIT UNIONS Bank Alternatives Provide Special Services to Union Members W hen it comes to trusting your hard-earned money to a financial institution, it may be worth considering a credit union as an alternative to a bank. Not only is your money federally insured, as it would be in a bank, but these institutions can offer emergency relief during hard times, such as during strikes. SAG-AFTRA members are fortunate to have three of these financial institutions catering to their needs. The National Credit Union Administration defines a federal credit union as a member-owned and controlled, not-for-profit, cooperative financial institution formed to provide its members with affordable and safe financial services (see page 31). The NCUA is the government agency charged with overseeing and regulating credit unions. Additionally, SAG-AFTRA Federal Credit Union and Actors Federal Credit Union have branches in our national headquarters building at 5757 Wilshire Blvd. in Los Angeles, making this a convenient location for many members. Each of the three credit unions that serve SAG-AFTRA members offers a wide range of financial services catering to the needs of those who work in the entertainment and media industry. 32 SAG-AFTRA | Summer 2023 | sagaftra.org