LOS ANGELES - AFTRA-SAG FCU here passed a resolution to aid its members who are involved in the nationwide strike against the advertising agencies and producers of radio, television and Internet commercials. The American Federation of Television and Radio Artists and the Screen Actors Guild, two of the CU's main sponsor groups, announced earlier this week their plans to strike. The groups feel the producers and agencies are trying to limit commercial actors' income by eliminating "pay-per-play" policies in broadcast television and refusing to implement "pay-per-play" in the cable realm. The credit union announced that it would allow 90 day loan payment deferments for all members of the CU with certain loan types in good standing. "The credit union recognizes that a work stoppage could be tough on a lot of our members. Commercial work is the bread and butter of this industry," said AFTRA-SAG CEO Glenn "Skip" Ludwig. "Skip-a-payment promotions similar to this deferment that coincide with breaks in employment are a common credit union practice," said Ludwig.
Credit union backs striking commercial actors
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