Over the last few years, SAG-AFTRA has been leading efforts to make direct deposit of residuals a standard in the industry. Working with respected institutional partners, we have put the infrastructure into place and run pilot programs nationwide to ensure a secure, stable, and high-quality experience that will allow our members to receive residual payments quickly and more easily.
After successfully testing this process at locals across the country, we are pleased to announce that direct deposit of residual payments will be available to all eligible members nationwide as of May 1, 2019.
For members who subscribe to the program, residuals payments received from studios and payroll houses will be distributed electronically at least once a week to the bank account of your choosing, with residuals statements and check stubs viewable online through sagaftra.org.
Direct deposit of residuals is just the latest in a series of initiatives the union is undertaking to modernize how we serve members and work with our employers, and we are very pleased to be a leader in bringing this landmark process to fruition, reshaping the way the industry operates. If you have not already been contacted about eligibility to participate, look to receive an email soon. At that point, you can sign up for direct deposit by logging into your member account at sagaftra.org. If you have any questions, please visit our FAQ page or contact your union at (855) 724-2387 or info@sagaftra.org.
Strength in unity,
Gabrielle Carteris
For instructions on how to sign up for direct deposit, click here.
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