Full-Time
Senior Product Manager
Deposits & Pricing
Posted on 10/3/2025
First Entertainment Credit Union
51-200 employees
Member-focused credit union: loans and savings
Compensation Overview
$110k - $130k/yr
Hollywood, Los Angeles, CA, USA
Hybrid
This is a hybrid opportunity.
 Product (1) |
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- Bachelor’s degree required, with a master’s degree in business, Finance, or a related field preferred
- 7+ years of experience in product management, business unit leadership, or financial services, preferably within credit unions or entertainment industry banking
- Hands-on experience with P&L management, process optimization, vendor negotiations and governance, and digital banking initiatives
- Experience in regulatory compliance (FDIC, NCUA, CFPB, and entertainment-specific fields a plus)
- Expertise in credit, lending, payments, and wealth management
- Strong strategic thinking with the ability to execute on vision and goals tailored to credit unions and entertainment professionals
- Deep expertise in financial services product management, and P&L management
- Ability to drive agile methodologies and digital banking transformations
- Strong stakeholder management and communication skills, with experience engaging credit union members, entertainment professionals, and regulators
- Proficiency in data-driven decision-making, reporting, and financial forecasting.
- Execute a strategic roadmap for credit union financial services, with a focus on entertainment professionals’ unique banking, lending, and wealth management needs
- Support management of the P&L, ensuring sustainable revenue growth while maintaining member-first financial solutions
- Drive agile product development to enhance digital banking experiences and introduce innovative financial products for members
- Monitor entertainment industry economic trends and credit union best practices to drive competitive positioning
- Oversee and streamline operational processes, ensuring compliance with NCUA regulations, state financial laws, and entertainment industry-specific financial requirements
- Manage third-party vendor relationships, including payment processors and digital banking platforms
- Champion process automation and efficiency, improving member experience while reducing operational costs
- Work closely with internal credit union teams, entertainment unions, guilds, and industry associations to align financial services with members’ evolving needs
- Partner with technology teams to drive digital transformation, ensuring seamless banking experiences for entertainment professionals with unpredictable income streams
- Collaborate with marketing and community outreach teams to enhance member engagement and drive financial literacy for entertainment industry workers
- Support and drive meaningful insight research and development
- Develop and maintain key performance indicators (KPIs) to track and report on business unit success in loan growth, deposit expansion, member satisfaction, and operational efficiency
- Deliver insightful financial and operational reports to credit union leadership, ensuring transparency and data-driven decision-making
- Assess market trends, competitor offerings, and member behavior to refine and enhance product and service offerings
- Perform other tasks as assigned.
- Master’s degree in business, Finance, or a related field preferred
- Experience within credit unions or entertainment industry banking preferred
- Experience in entertainment-specific fields a plus
First Entertainment Credit Union provides banking and financial services as a member-focused credit union, open to a broad membership including entertainment industry professionals. It offers savings certificates, home equity lines of credit, auto and debt consolidation loans, investment services, and various insurance products, along with financial education programs and online budgeting tools. The credit union earns income from loan interest, fees, investments, and insurance products, and aims to offer lower rates and favorable terms compared to traditional banks. Its goal is to support members’ financial well-being through accessible products, education, and a member-centric experience.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Los Angeles, California
Founded
1967
Simplify's Take
What believers are saying
- CineFi expansion into Atlanta opens new geographic markets beyond Hollywood core.
- Home Rewards Program generated $109,000 member rebates, driving loyalty and retention.
- Nymbus partnership enables rapid digital-first product launches for specialized segments.
What critics are saying
- Fintech competitors like Chime and Varo offer superior digital experiences nationwide.
- Hollywood strikes reduce member incomes 25-40%, spiking loan defaults significantly.
- Nymbus platform outages halt CineFi services, driving members to competitors.
What makes First Entertainment Credit Union unique
- 50+ years serving entertainment industry with 90,000 members and $2B+ assets.
- CineFi digital platform designed for gig workers' variable income and project-based payments.
- Branches at Warner Bros., Sony, Paramount studios provide on-site member accessibility.
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Benefits
Health Insurance
401(k) Retirement Plan
Profit Sharing
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Professional Development Budget
Tuition Reimbursement
Wellness Program
Hybrid Work Options
Company News
First Entertainment Credit Union and nymbus launch CineFi, first digital Credit Union for entertainment professionals. Credit union sets bold new standard in financial services, combining superior digital banking with a deep commitment to community, creativity, and long-term growth JACKSONVILLE, Fla., Jan. 21, 2026 - Nymbus, a modern banking platform for U.S. banks and credit unions, today announced that First Entertainment Credit Union has successfully launched CineFi, the first fully digital credit union created exclusively for the entertainment industry in the Atlanta area. This latest partnership is another real-world example of how financial institutions can leverage Nymbus' modern banking solutions to create new brands for specialized market segments. Since 1967, First Entertainment Credit Union has served creators in the entertainment industry. Headquartered in Hollywood, Calif., the credit union provides banking and financial services through its branches inLos Angeles County - including the Warner Bros., Sony, and Paramount studio locations - and manages more than $2 billion in assets. To expand access to financial services within an entertainment community that is expanding across the U.S., First Entertainment Credit Union teamed up with Nymbus to launch CineFi, the first and only fully digital credit union created for TV, film, music, gaming, content creation, and influencer professionals. As a division of First Entertainment Credit Union, it combines decades of entertainment industry banking expertise with a future-ready digital platform tailored to the needs of creatives. "Credit unions are looking for new ways to drive growth and differentiate themselves in competitive markets while also delivering unique services to members," said Jeffery Kendall, Chairman and CEO of Nymbus."Our vertical banking solutions enable credit unions like First Entertainment Credit Union to quickly launch specialized offerings that serve unique segments, create new revenue streams, and build more connected film and TV communities. We're excited to see CineFi launch and demonstrate how the right technology can turn market opportunities into real business results." With Nymbus' vertical banking solutions, First Entertainment Credit Union quickly launched CineFi to serve entertainment professionals and associated trades, including above- and below-the-line workers, content creators, and gaming professionals. Membership is designed for anyone whose career revolves around the creative industry. Unlike traditional banks, CineFi is built specifically for the entertainment industry. Its products and services are designed for the unique financial realities of creative professionals, including variable income, freelance, gig work, and project-based payments. "Nymbus has been instrumental in bringing our vision for CineFi to life," said Stephen Owen, President and CEO of First Entertainment Credit Union and CineFi. "We exist to help the entertainment and creative communities thrive with their finances. Our partnership with Nymbus has enabled us to create a truly digital-first experience that serves our community's specific needs wherever they may go for work. This represents the future of specialized banking - combining deep industry knowledge with innovative technology." CineFi is currently available to entertainment professionals and associated trades in the Atlanta metropolitan area, with nationwide digital banking services accessible through the platform's mobile app and website at www.cinefi.com. About Nymbus Nymbus delivers a cloud-based, highly extensible, full-stack banking platform, empowering community banks and credit unions to accelerate their growth and market positioning. Founded in 2015, Nymbus modernizes legacy core systems that support both brick-and-mortar operations and digital-first institutions and facilitates the launch of vertical banking strategies or subsidiary brands with a sidecar Core alternative. The Nymbus Banking Platform solution delivers the technology, people, and processes to scale as your financial institution grows. For more information, visit nymbus.com. Launched in 2026 by First Entertainment Credit Union, CineFi is the first fully digital credit union created for entertainment industry professionals and aspiring talent in Atlanta, Ga. With more than 50 years of entertainment industry expertise, CineFi delivers a future-ready banking experience designed to simplify financial management for those who live and breathe the craft. Offering premium financial products, competitive rates, and tailored financial education, CineFi empowers creators - above and below the line - to achieve long-term success. Beyond banking, CineFi is committed to strengthening the entertainment and creative community by supporting industry nonprofits, schools, organizations, festivals, and events that advance the art and business of filmmaking. Visit www.cinefi.com.
HOLLYWOOD, Calif., June 3, 2025 /PRNewswire/ -- As the entertainment industry continues to transform, union and guild membership is a vital source of protection, advocacy, and community for many entertainment workers. Understanding the importance of union and guild membership, First Entertainment Credit Union launched its Union Dues Sweepstakes to support the creators and crew members who keep entertainment moving forward.Based in Hollywood but serving the needs of our members wherever they work, First Entertainment consistently seeks new and innovative ways to help its members. This latest effort helped to highlight the importance of guild participation and membership, and the winner of this sweepstakes had their union dues forgiven."We understand the financial challenges entertainment workers face," said Stephen Owen, President and CEO of First Entertainment. "That's why we're committed to practical support, like helping members stay current on dues so they can keep working. The response to our sweepstakes showed how important it is for institutions to stand behind their communities."For Robert B., a propmaker and proud member of International Alliance of Theatrical Stage Employees (IATSE) Local 44, the sweepstakes brought timely support."I love prop making and working on old buildings, but it's been a real tough couple of years," Robert shared. "[Winning the sweepstakes] has been an incredible relief."His story highlights the reality of navigating project-based work in entertainment and the value of support from organizations that understand the industry."At First Entertainment, we're proud to serve the entertainment community and its evolving needs," added Owen
HOLLYWOOD, Calif., June 2, 2025 /PRNewswire/ -- The entertainment industry doesn't just shape culture, it influences how we imagine, discuss, and ultimately build the future. As climate concerns take center stage globally, entertainment professionals are stepping up to use their platforms to champion this cause both on and off screen.In support of this momentum, First Entertainment Credit Union, the premier financial partner to creators in entertainment, is proud to join the 2025 Hollywood Climate Summit, standing in solidarity with the storytellers, crews, and changemakers driving climate action from inside the industry.Set to take place June 2nd through 4th in Los Angeles, the 2025 Hollywood Climate Summit has grown into a platform for climate advocates, artists, and entertainment professionals to collaborate on bold action. First Entertainment's support of the Hollywood Climate Summit is part of its broader commitment to supporting the causes of people who bring entertainment to life, both on set and the world they live in."At First Entertainment, we support our community by standing with them on the issues they care about," said Addie Allison, Senior Vice President and Chief Experience Officer of First Entertainment Credit Union. "Sustainability and its long-term impact matters to our members, and we're honored to support the people using their platforms to lead meaningful change."As an organization committed to environmentally sensitive business practices, First Entertainment continues to reduce its environmental impact while championing green initiatives that align with the values of its community. This focus on sustainability is part of the credit union's broader mission to foster purposeful partnerships and people-first solutions. The Hollywood Climate Summit aligns with this mission, creating space for authentic storytelling, practical skill-building, and deep cross-sector collaboration.As the entertainment industry confronts climate-related challenges, creators are increasingly asking how their work, and the companies behind them, can be part of the solution."Our members are the driving force behind entertainment and are shaping how it evolves," said Allison
When Firstent launched its Union Dues Sweepstakes, the goal was simple: highlight the importance of union and guild membership while giving back to its community.
In response to the devastating wildfires in Los Angeles, First Entertainment reinforces its commitment by giving financial support to entertainment industry guilds and community organizations for those affected HOLLYWOOD, Calif., March 5, 2025 /PRNewswire/ -- First Entertainment Credit Union, the premier financial partner for creators and below the line professionals in the entertainment industry, has made a donation of $75,000 to support individuals affected by the recent Los Angeles wildfires. These funds will provide aid to local industry organizations in their relief efforts as the community heals