Union Initiation Fee Loans - Actors FCU

Union Initiation Fee Loans

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A little help to get you started.

Moving you toward the benefits of union membership!

The help you need to pay your Union Initiation Fee so you can do what you do best — with all the benefits of union membership! If approved, we’ll send the check directly to your union.


  • Maximum loan amount: $3,100 (proof of initiation fee required)
  • 5% of loan value required in Savings Account
  • Rates dependent upon financing term selected (check Rates for current rates)
  • New accounts: 30-day waiting period before applying

Have loan payments automatically deducted from your Power Checking Account and save on interest charges. Your interest will be lowered by 0.25% from our basic rate (Mortgages, Home Equity Loans, Balance Transfer Loans, and credit cards excluded). 

Term Rate (APR)
1-Year 5.9%
2-Year 6.9%
3-Year 7.9%

APR = Annual Percentage Rate

Rates and terms subject to change without notice. As of 09/19/2022