First Entertainment Credit Union (FECU) is a financial institution that provides banking services to individuals and businesses in the entertainment industry. Established in 1967, FECU has become a trusted name for people working in the entertainment sector. In this comprehensive guide, we will explore the history, benefits, and services offered by First Entertainment Credit Union.
History of First Entertainment Credit Union
First Entertainment Credit Union was initially founded as the Credit Union for Producers, Directors, and Writers. It was established by a group of Hollywood professionals who wanted to provide financial services to their colleagues. Over the years, the credit union has expanded its membership eligibility to include individuals working in the entertainment industry in all capacities.
Benefits of First Entertainment Credit Union
One of the main benefits of being a member of First Entertainment Credit Union is that it offers competitive rates on loans and savings accounts. Members can also enjoy a wide range of services, including checking accounts, credit cards, and investment products. FECU provides its members with online and mobile banking services, making it convenient for them to manage their finances from anywhere in the world.
Services Offered by First Entertainment Credit Union
First Entertainment Credit Union offers a variety of financial services to its members. Some of the services include:
- Checking accounts: Members can open a checking account with no monthly service fee and access over 30,000 fee-free ATMs across the country.
- Savings accounts: FECU offers savings accounts with competitive interest rates that can help members grow their savings over time.
- Loans: Members can apply for a variety of loans, including auto loans, personal loans, and home equity loans. FECU offers competitive rates and flexible repayment terms.
- Credit Cards: FECU offers credit cards with competitive interest rates, no annual fees, and rewards programs.
- Investment Products: Members can invest in a variety of products, including certificates of deposit (CDs), money market accounts, and IRAs.
First Entertainment Credit Union is a reputable financial institution that provides a wide range of banking services to individuals and businesses in the entertainment industry. Whether you are looking for competitive rates on loans or a variety of investment products, FECU has something to offer. With its online and mobile banking services, members can manage their finances conveniently and efficiently. Joining FECU is easy, and you can become a member by meeting the eligibility requirements and completing the application process.