First Entertainment Credit Union Los Angeles CA | Affordable Auto Loans & Business Banking

Introduction

Welcome to First Entertainment, your trusted credit union located at 5555 Melrose Ave, Los Angeles, CA 90038. Since our establishment in 1967, we have been dedicated to serving our community with the utmost care and reliability. With a proud membership of 87,389, we strive to provide personalized financial solutions tailored to meet the unique needs of each member. At First Entertainment, we understand the importance of having strong financial support. That's why our total assets amount to an impressive $2,134,877,798, allowing us to offer a wide range of services, including auto loans, mortgage options, and business banking solutions. Our commitment to you is reflected in our total deposits of $62,572,663 and a robust net worth of $203,121,745. Our leadership team is here for you. CEO Stephen Owen and Board President Patrick Walters are dedicated to ensuring that your financial journey with us is smooth and beneficial. We pride ourselves on being more than just a financial institution; we're a part of your community. While members can visit us at our branch location, official correspondence should be sent to our mailing address at 6735 Forest Lawn Dr, Hollywood, CA 90068. If you have any questions or need assistance, don't hesitate to reach out at 888-800-3323. Join us today and experience how First Entertainment can help you achieve your financial goals! Explore our offerings by visiting First Entertainment's website or stop by during our lobby hours from Monday to Friday between 9:00 AM and 5:00 PM (closed for lunch from 1:00 PM to 2:00 PM). We look forward to welcoming you!

Branch History & Mission

At First Entertainment, we take pride in our rich history and steadfast commitment to serving our community. Established in 1967, our branch located at 5555 Melrose Ave, Los Angeles, CA 90038, has been a cornerstone of financial support for nearly six decades. From humble beginnings, we have grown significantly, now boasting a membership of over 87,389 individuals who trust us with their financial needs. Our mission at First Entertainment is clear: to provide exceptional financial services while uplifting the communities we serve. We focus on personal banking solutions such as checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. We also cater to businesses with merchant services and business loans. Our goal is not just to help members manage their finances but also to empower them through knowledge and resources. As we evolved over the years, we've embraced technological advancements to enhance our member experience. With features like online banking, mobile payments, and electronic signatures, we ensure that our members can access their accounts anytime, anywhere. Additionally, we're committed to maintaining accessibility for all members by adhering to ADA compliance standards. Community outreach is another key aspect of our mission. We believe that strong communities are built on support and collaboration. That's why we actively engage in partnerships with local organizations and participate in various community events throughout Los Angeles. By giving back, we not only strengthen our ties within the community but also foster a spirit of cooperation among our members. While you can visit us at 5555 Melrose Ave, official correspondence should be sent to 6735 Forest Lawn Dr, Hollywood, CA 90068 if needed. Our branch operates Monday through Friday from 9:00 AM to 5:00 PM, closing for lunch from 1:00 PM to 2:00 PM. Plus, we offer ATM services for your convenience. With total assets exceeding $2.1 billion, First Entertainment stands ready to support your financial journey. We invite you to join our growing family and experience firsthand the benefits of being a member of First Entertainment. Whether you're looking for personal banking or business solutions, we're here for you every step of the way. For more information or to open an account today, call us at 888-800-3323 or visit our website at firstent.org. Join us in making a difference together!

Branch Location & Accessibility

Accessibility Features

We are committed to providing accessible banking services for all our members. Our branch is ADA compliant and features ramps for easy access. If you have any special needs or require assistance during your visit, don't hesitate to ask one of our friendly team members.

Conveniently Located

Our branch is easy to reach and is surrounded by vibrant local landmarks. Just a short drive from popular spots like the Hollywood Walk of Fame and the Los Angeles County Museum of Art, you can easily fit a visit to your bank into your day. We also offer ample parking options nearby, ensuring that your trip is hassle-free.

Operating Hours

We understand that life can get busy, which is why we offer convenient hours to accommodate your schedule. Our lobby is open Monday through Friday from 9:00 AM to 5:00 PM, with a lunch break from 1:00 PM to 2:00 PM. This way, you can stop by before work or during lunch breaks without any worries.

Services Offered

At First Entertainment, we provide a wide range of services tailored to meet your financial needs. From personal banking solutions like checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. While we currently do not have drive-thru service available, we do offer an ATM for quick cash withdrawals and balance checks. If you have questions or need assistance, feel free to give us a call at 888-800-3323. Our dedicated staff is here to help you with all your banking needs.

Visit Us Today!

We invite you to come see us at First Entertainment, where your financial well-being is our priority. Stop by today or give us a call; we look forward to assisting you soon!

Member Eligibility

Welcome to the vibrant community at First Entertainment! Becoming a member here is more than just opening an account; it's about joining a supportive family that truly cares about your financial well-being. To be eligible for membership, you simply need to meet a few friendly criteria. If you're living, working, or worshiping in our local area, or if you're related to someone who is already a member, you are likely eligible to join us. We invite you to explore all the wonderful benefits that come with being part of our community, from personalized service to attractive financial products tailored just for you. Getting started is easy! You can find detailed eligibility requirements on our website at . If you're ready to open an account, simply visit https://www.firstent.org/personal/apply-for-a-loan/ and follow the straightforward steps. Should you have any questions or need assistance, feel free to give us a call at (888) 800-3323. We look forward to welcoming you into the First Entertainment family at 5555 Melrose Ave, Los Angeles, CA 90038!

Business Banking & Commercial Services

Merchant Services That Empower

In addition to loans, our merchant services can simplify your payment processes. Imagine having a reliable system that allows you to accept payments easily whether it's through cards or mobile wallets. This not only enhances customer satisfaction but also helps streamline your operations so you can focus on what really matters: growing your business. Join us at First Entertainment, located at 5555 Melrose Ave Los Angeles Ca 90038 in Los Angeles, CA, and discover how our dedicated team can support your entrepreneurial journey. Reach out today at (888) 800-3323 to learn more about how we can partner with you!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $126 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $27 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $232,145,587, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM Services

Need cash on-the-go? Our ATM services allow for hassle-free cash withdrawals and balance checks at any time. With multiple locations available, getting cash when you need it has never been easier. At First Entertainment, we strive to create an experience that meets all your financial needs under one roof. If you're interested in learning more about our offerings or ready to start banking with us, give us a call at (888) 800-3323 or visit us at 5555 Melrose Ave Los Angeles Ca 90038 in beautiful Los Angeles, CA. We can't wait to serve you!

Business Banking

For entrepreneurs and small business owners, we offer robust Business Banking solutions. From merchant services that streamline transactions to Business Loans aimed at helping you expand, we understand the unique challenges businesses face today.

Digital Convenience

We know how important convenience is in today's fast-paced world. That's why we provide top-notch Online & Mobile Banking features that let you access your accounts anytime, anywhere. Whether you're making payments, transferring funds, or checking balances, our user-friendly platform ensures that banking is just a few taps away on your smartphone or computer.

Personal Banking

For individuals seeking reliable banking options, our Personal Banking services include checking and savings accounts tailored to fit various lifestyles. Imagine having the flexibility to manage your finances effortlessly whether it's setting up direct deposits for your paycheck or saving for that dream vacation. Our accounts come with features that help you track spending and grow your savings. When it comes to financing a vehicle, our Auto Loans & Vehicle Financing options can make your dream car a reality. We offer competitive rates that ensure you can hit the road without breaking the bank. Planning to buy a home? With our Mortgage Loans & Refinancing, we guide you through the process, ensuring you find a mortgage that suits your budget.

Personal Loans & Credit Cards

Sometimes life throws unexpected expenses your way. That's where our Personal Loans & Debt Consolidation services come in handy, allowing you to manage bills more effectively while maintaining peace of mind. Additionally, with our Credit Cards with Rewards, every purchase brings you closer to exciting rewards perfect for those who love earning while they spend!

Digital & Online Banking

Key Services

Explore our online banking features at https://www.firstent.org/. You can access your accounts 24/7, allowing you to check balances, pay bills, and transfer funds whenever you need to. Plus, with electronic signatures available, signing documents has never been easier just a few clicks and you're done! If you're looking for a more eco-friendly option, we offer e-statements that you can view anytime without cluttering your mailbox. Not only do they help reduce paper waste, but they also provide an easy way to keep track of your financial history.

Mobile Banking

For those who prefer managing their finances on their smartphones, our mobile application is designed just for you. With the app, you can make mobile payments quickly and securely. Plus, sending money to friends or family is a breeze with our person-to-person transfer feature no need for cash or checks anymore! We prioritize security in all our transactions. Rest assured that your information is protected with top-notch security measures every time you log in or make a transaction. In summary, whether it's through our user-friendly website or mobile app, First Entertainment offers accessible and efficient digital banking solutions tailored to fit your lifestyle. Dive into a world where managing your finances is not only simple but also secure!

Financial Strength

A Partner You Can Trust

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, First Entertainment is your trusted partner. Visit us at 5555 Melrose Ave Los Angeles Ca 90038 or call (888) 800-3323 to learn more about how we can help you achieve your financial goals.

Commitment to Excellence

Our operational efficiency is reflected in our $5,658,497, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 234 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. The trust you place in us is mirrored by our growing member base of 194,351 accounts.

Reinvesting for Growth

With $193,947,583 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $9,927 in used auto loans and $1,518,653,446 in total loans and leases.

Secure Savings Opportunities

Members' savings are secured through $427,305,536 in share certificates and $322,140,408 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $203,121,745, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $951 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Services

For those interested in business opportunities, our outstanding commercial loans totaling $232,145,587 provide the capital needed to grow and expand your enterprise. If you're looking for refinancing options or want to know about eligibility criteria for any of our loan products, please don't hesitate to reach out! You can contact us at 888-800-3323 for more information. At First Entertainment, we strive to provide personalized service tailored to your unique needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan offerings today! Visit us online at First Entertainment or stop by our branch we're here to help you every step of the way!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued over $148,153,291 in used vehicle loans and $74,552,573 in new vehicle loans, helping our members get on the road with confidence. Whether you're considering a new or used vehicle, we can assist you with competitive financing options.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing straightforward. We provide Junior Lien 1-4 Family Residential Properties loans totaling $144,999,000, making it easier for you to invest in your dream home or refinance your current mortgage for better rates.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. With a total of $63,902,742 in unsecured credit card loans helping members manage their finances effectively, our cards come with features that suit your spending habits while providing you with the convenience and security you need.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and reliability, LendMesh is designed to help you make informed decisions about your borrowing needs. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This approach guarantees that users receive fair and transparent offers, helping them navigate the often complex lending landscape. One of the key benefits of using LendMesh is its commitment to verified data. All loan offers are sourced from legitimate financial institutions, ensuring transparency and building trust with users. Additionally, there are no sponsored listings on the platform; lenders are not prioritized based on paid promotions. This means you get unbiased results tailored to your needs without any hidden agendas. With real-time rate comparisons, users can access up-to-date loan rates from multiple institutions. This feature empowers you to compare options quickly and effectively, making it easier to choose the best deal for your financial situation. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials underscore the platform's effectiveness and user satisfaction. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.