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Opened in a small office on Warner Bros. lot with only $40 in assets, employees of Warner Bros. Studios founded our credit union in 1967. First known as the Warner Seven Federal Credit Union, our name was changed to Warner Bros. Employees Federal Credit Union in 1970; and following a merger with the Columbia (Studios) Employees Credit Union in 1973, we became the Columbia/Warner Bros. Employees Federal Credit Union. As the credit union grew it offered services to additional entertainment companies, and soon we needed a name that better defined our expanded field of membership. Thus, in 1984, we became First Entertainment Federal Credit Union. In 1990, following a merger with Screenland/MGM Employees credit union, our assets nearly doubled in size – from $40 million to $73 million! First Entertainment continued its vigorous growth, merging with A & M Records Employees Federal Credit Union, Six Flags Employees Federal Credit Union, Las Vegas Credit Union and Paramount Studios Employees Credit Union. In the late 90`s a charter change resulted in shortening our name to First Entertainment Credit Union. Today the credit union manages more than $1.5 billion in assets and serves more than 83,000 members. We have branches throughout the Los Angeles area plus thousands of Shared Branching locations. Combining strength, safety and growth, today First Entertainment is the premier financial resource for those in the entertainment business.
At EastRise, we believe that banking should be a source of personal strength and peace of mind. Here, its about people, relationships, and using finance to empower our members. Because everyone deserves a stronger and more sustainable financial future. Thats why we go above and beyond to provide the financial tools and guidance that protect the well-being of our people and communities, extending our Vermont roots to provide a sense of belonging to members everywhere. From trusted digital banking and a relationship-first approach to affordable home ownership and green lending, we rise to the challenges of each new day and raise the bar for everyone. Because EastRise is committed to doing better and creating better experiences for our members, both in banking and in life. That commitment is what makes all the difference.
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