First Entertainment Credit Union

  • +1

A short history of First Entertainment CU

Since its inception in 1967 the First Entertainment Credit Union has been serving its members in the Hollywood, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Frank Wasson, the First Entertainment CU has grown its membership to over 76,216 with assets of more than $1,413,959,470. They have a main office and 10 branch offices. Please see the credit unions website or contact them by phone at (888) 800-3328 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Hollywood, CA.

General Information For First Entertainment CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68373
Address 6735 Forest Lawn Dr 
City Hollywood 
State California 
Zip-Code 90068
Phone Number (888) 800-3328
Fax Number (323) 874-8775
Email Address:
CEO/President Frank Wasson
Members 76,216 
Full-Time Employees 200 
Part-Time Employees 14 
Number of Branch Offices 10 
Total Assets 1,413,959,470 

Compare First Entertainment Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Sag-aftra CU Sherman Oaks 14118 Magnolia Blvd 91510 (818) 562-3400 No 1.54
Technicolor CU Main Office 434 W Alameda Ave 91506 (818) 973-4900 No 2.76
Ume CU Main Office 3000 W Magnolia Blvd 91510 (818) 238-2900 No 2.79
Media City Community CU Media City Community Credit Union 1020 W Olive Ave 91506 (818) 238-2950 No 3.07
Burbank City CU 1800 W. Magnolia Blvd 1800 W Magnolia Blvd 91506 (818) 846-1710 No 3.09

First Entertainment Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

First Entertainment Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.74 1.69 1.69 3.25 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 226 14 8 44 229
Rank Among All California Credit Unions 40 5 2 11 70

First Entertainment Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.40 0.70 0.20
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 76 224 271
Rank Among All California Credit Unions 19 38 17 60 83
First Entertainment Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.7409,29230,485,307
All Other Unsecured Loans/Lines of Credit 7.2507,73637,667,388
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.6903,19861,519,324
Used Vehicle Loans 1.6908,89891,911,399
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.2501,156462,637,506
Total Other Real Estate Loans/Lines of Credit 5.0001,57680,110,959
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.10039341,424,617
TOTAL LOANS & LEASES 32,249805,756,500

First Entertainment Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 346127,213,0018026,692,703
    b. 15 Years or less 27157,814,269257,148,400
    a. > 15 years 370217,860,1803224,349,250
    b. 15 Years or less 13354,421,77621,175,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 190,20700
Adjustable Rate > 1 yr 355,238,07356385,268


Closed-End Fixed Rate 15243,76700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,56179,867,1922,86418,303,084
Open-End Fixed Rate 0000
TOTALS 2,732542,748,4653,05978,053,705


Interest Only & Payment Option 1st Mortgage Loans 24,414,0000
Interest Only & Payment Option Other RE/LOC Loans 1,43969,867,82318,688,352
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

First Entertainment Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes