First Entertainment Credit Union Launches New 5.00% Special Term Savings Certificate

LOS ANGELES, Calif. (December 21, 2022) – First Entertainment Credit Union, the premiere financial partner to creators and workers of the entertainment industry, is offering a special term savings certificate with one of the highest annual percentage yields available.

“In response to rising costs, many people are looking for ways to increase their hard-earned savings,” said Addie Allison, Senior Vice President and Chief Experience Officer for First Entertainment. “We’ve always been a leader in providing exceptional products for members of the entertainment community, but we take special pride in what we’re doing with this new 15-month certificate. We’re offering one of the best rates available today so our members can get the most for their money.”

First Entertainment’s 15-month Special Term Savings Certificate is a timed deposit, meaning the funds will yield the fixed 5.00% annual percentage yield (APY) rate for the 15-month term. A minimum deposit of $5,000 is required to open the account and terms and conditions do apply. A maximum of $5,000,000 per member may be invested in this product and it is for new money only. For more information on opening an account, call or visit one of First Entertainment’s nine branches throughout the Los Angeles area.

First Entertainment Credit Union membership is open to employees, their families and retirees of companies in the entertainment industry, along with Los Angeles County residents and eligible businesses.

About First Entertainment Credit Union

Since 1967, First Entertainment Credit Union has served creators in the entertainment industry. Headquartered in Hollywood, Calif., First Entertainment provides banking and financial services through its 9 branches in Los Angeles County – including the Warner Bros., Sony, and Paramount studio locations–and manages $2 billion in assets with a team of more than 220 employees. First Entertainment provides financial solutions to nearly 90,000 members through accessible 24/7 digital banking, unique entertainment-industry financial products, services, and ATMs. Visit FirstEnt.org.