First Entertainment Credit Union


Overview / Commentary
323-851-3673
6735 Forest Lawn Dr
Hollywood, CA 90068

First Entertainment Credit Union is headquartered in Hollywood and is the 32nd largest credit union in the state of California. It is also the 232nd largest credit union in the nation. It was established in 1967 and as of September of 2024, it had grown to 234 employees and 87,389 members at 7 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

Reviews (1)

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.



Health

Health Grade Components

Overall
NCUA #68373
Year Chartered1967
Employees234
Primary Regulator
Profit Margin
Return on Assets - YTD0.35%
Return on Equity - YTD4.39%
Annual Interest Income$68.8MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$2.13B$2.2B
LoansQ3 2024vs Q3 2023$1.52B$1.57B
DepositsQ3 2024vs Q3 2023$1.75B$1.85B
Equity CapitalQ3 2024vs Q3 2023$171.9MM$134.2MM
Loan Loss AllowanceQ3 2024vs Q3 2023$11.8MM$12.1MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$13.5MM$9.6MM
Real Estate OwnedQ3 2024vs Q3 2023$709K$0
Rates

Rates for First Entertainment Credit Union are currently being reviewed.

Locations


First Entertainment Credit Union Locations
Branch Office5555 Melrose Ave West 124Los Angeles, CA 90038-3989
Branch Office6735 Forest Lawn DrHollywood, CA 90068
Branch Office11052 Washington BlvdCulver City, CA 90232-3923
Branch Office4000 Warner BlvdBurbank, CA 91522-0001
Branch Office4067 Laurel Canyon BlvdStudio City, CA 91604-2016
Branch Office25828 McBean PkwySanta Clarita, CA 91355
Branch Office10202 Washington Blvd Jimmy Durante Rm. 104-105Culver City, CA 90232-3119

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