A Brief History of First Entertainment Credit Union
First Entertainment Credit Union was established in 1967, originally serving employees of Warner Bros. Studios. Over the years, it expanded its membership to include a broader range of individuals working in the entertainment industry. Today, it serves over 85,000 members and manages assets worth over $1.6 billion.
Membership Benefits
Joining First Entertainment Credit Union comes with a plethora of benefits tailored to the unique financial needs of entertainment professionals:
- Competitive Rates: Members enjoy lower interest rates on loans and higher yields on savings accounts compared to traditional banks.
- Financial Education: The credit union offers resources and workshops to help members improve their financial literacy.
- Exclusive Discounts: Access to special offers and discounts on entertainment-related services and products.
- Personalized Service: Dedicated customer service representatives who understand the entertainment industry.
Financial Products and Services
First Entertainment Credit Union provides a wide range of financial products and services designed to meet the diverse needs of its members:
Savings and Checking Accounts
- High-Yield Savings Accounts: Earn higher interest rates on your savings.
- No-Fee Checking Accounts: Enjoy checking accounts with no monthly maintenance fees.
- Youth Accounts: Specialized accounts for young members to help them start saving early.
Loans and Credit
- Auto Loans: Competitive rates for new and used vehicles.
- Personal Loans: Unsecured loans for various personal expenses.
- Credit Cards: Cards with low interest rates, rewards, and no annual fees.
- Home Loans: Mortgage options for first-time homebuyers and refinancing.
Investment Services
- Retirement Accounts: Traditional and Roth IRAs to help members save for retirement.
- Investment Planning: Access to financial advisors for personalized investment strategies.
Online and Mobile Banking
First Entertainment Credit Union offers robust online and mobile banking services to provide convenience and accessibility to its members:
- Online Banking: Manage your accounts, transfer funds, and pay bills online.
- Mobile App: A user-friendly mobile app for banking on the go.
- Mobile Check Deposit: Deposit checks directly from your smartphone.
- Bill Pay: Easy and secure bill payment services.
Community Involvement
First Entertainment Credit Union is committed to giving back to the community. It actively supports various charitable organizations and community events, including:
- Scholarships: Providing educational scholarships to members and their families.
- Charity Events: Sponsoring and participating in events that benefit the entertainment community.
- Volunteer Opportunities: Encouraging members to volunteer and support local causes.
How to Join
Becoming a member of First Entertainment Credit Union is straightforward. Here’s how you can join:
- Eligibility: Membership is open to individuals working in the entertainment industry, including their family members.
- Application Process: Complete an online membership application or visit a branch.
- Initial Deposit: A minimum deposit is required to open a savings account and establish membership.
First Entertainment Credit Union is a premier financial institution that offers tailored financial solutions to those in the entertainment industry. With its competitive rates, comprehensive services, and commitment to community involvement, it stands as a valuable resource for its members. Whether you are looking to save, invest, or obtain a loan, First Entertainment Credit Union provides the support and services you need to achieve your financial goals.
