First Entertainment Credit Union
First Entertainment Credit Union is headquartered in Hollywood and is the 33rd largest credit union in the state of California. It is also the 230th largest credit union in the nation. It was established in 1967 and as of June of 2024, it had grown to 232 employees and 87,914 members at 8 locations. First Entertainment Credit Union has a B health rating.
Field of Membership Restrictions
Membership in First Entertainment Credit Union is open to those who live, work, worship or attend school in Los Angeles County, California and to employees and retirees of companies served by First Entertainment.
See current membership details
Related Posts
12/5/09 - 2.09% 18-Month CD & 3.00% 36-Month CD at First Entertainment Credit Union in CA - Local Only
9/13/09 - 2.29% 18-Month CD & 2.09% 12-Month CD at First Entertainment Credit Union in California - Local Only
2/6/09 - 3.25% 12-Month CD at First Entertainment Credit Union in Los Angeles
5/31/08 - 3.70% 7-Month CD at a CA/NY Credit Union - plus a Savings Account Promo (First Entertainment).
5/13/08 - 5.05% 9-Month CD at a CA/NY Credit Union (First Entertainment).
8/7/07 - 5.60% 7-Month CD at a Los Angeles/New York CU (First Entertainment)
7/10/07 - 5.50% 3 to 60 Month CDs at a Los Angeles/New York CU (First Entertainment)
5/26/07 - 6.00% 8-Month CD at a Los Angeles/New York CU (First Entertainment).
Disappointing Experience All Around
I had high hopes for First Entertainment Credit Union when I joined through work, but unfortunately, a lot of promises were left unanswered. Limited access to convenient ATMs and branches was an immediate problem for me. Most of the few branches are on studio lots that are inaccessible to the general public. Big disappointment. I found a big bank to be so much more convenient and was relieved when I switched back.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68373 |
| Year Chartered | 1967 |
| Employees | 232 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 5.86% |
| Annual Interest Income | $45.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2.14B$2.15B |
| Loans | Q2 2024vs Q2 2023 | $1.54B$1.51B |
| Deposits | Q2 2024vs Q2 2023 | $1.73B$1.92B |
| Equity Capital | Q2 2024vs Q2 2023 | $156MM$134.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $11.8MM$12MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $11MM$4.6MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$810K |