Skip to Content

COVID-19 FAQS

Frequently Asked Questions

 

As your credit union, we recognize that, in the face of ongoing uncertainty, you may look for a little guidance, or need some additional support. But more importantly, what you want, is peace of mind. And we're here to help you with too.

To learn more about how to access your account, current branch availability, member assistance programs, and other resources we have in place as you continue to navigate the unfamiliar road ahead, please see the Frequently Asked Questions below.

 

1. If I have to call First Entertainment, should I expect longer than normal wait times?

As the global impact of COVID-19 continues, we have to reevaluate our plans to re-open branches but are working behind the scenes to help keep call wait times low. We still encourage you to utilize Digital Banking and our Mobile App to have the best member experience possible. So, if you're not already signed up for Digital Banking, register now. You can also click ATMs & Branches to find the First Entertainment or CO-OP ATM most convenient for you.

Sign in Online or to the Mobile App to access your account online 24/7 from anywhere in order to:

  • Check your balance
  • View transactions
  • Make check deposits
  • Pay bills
  • Apply for a loan
  • Activate or report your Debit Card lost/stolen
  • Find nearby ATMs
  • Send us a secure message
  • Withdraw funds by check
  • Transfer funds to another U.S. based bank or credit union account
  • And more...

 

2. What actions are you taking to ensure the continued safety of your operations?

Due to the ongoing public health concern, we have suspended branch lobby hours to further prevent spreading the virus. Our work-from-home policy for the majority of our staff remains in effect and we continue to exercise enhanced deep cleaning protocols in areas that require on-site staff.

 

3. When will you re-open the branches?

During these difficult times, your safety, and that of our employees, is and will always be our number one priority. Efforts to re-open our branches were stunted when several COVID exposures incidents forced us to close our doors. The level of risk to staff and you, our members, is one we cannot sustain. Therefore, we have made the difficult decision to close all branches - effective July 3rd.

 

4. How long will the branch operational changes be in effect?

These planned operational changes will be in effect until further notice. We are continuing to monitor the information shared by local, state, and federal sources and will reassess our availability when we can sensibly ensure the well-being of our members and employees.

Until then, we remain committed to serving you both virtually and personally with:

  • Digital Banking and Mobile App always open 365/24/7
  • Contact Center team members ready to assist you over the phone at 888.800.3328 or by appointment
  • Updates and communications via email and our website

 

5. Are there other ways I can access my account?

We strongly encourage our members to use First Entertainment's digital tools and other resources available for 24/7 self-service banking. Members can access many services through Digital Banking or by using the Mobile App. From there, members can make payments, view transactions, check balances, find an ATM, and more.

 

6. Am I still be able to access ATMs?

First Entertainment ATMs will remain open 24/7 as well as the nearly 30,000 CO-OP Network ATMs nationwide - including those that accept deposits. Plus, we have temporarily increased the daily ATM withdrawal limit allowing you access to more of your funds to help ease current financial constraints.

 

7. How can members find a nearby ATM?

Simply click on ATMs & Branches on the Mobile App or on firstent.org to find your nearest CO-OP ATM.

 

8. How will transactions that cannot be performed at an ATM be handled?

Access to funds and banking services are essential. Even though our branches are unable to assist members directly, we remain committed to maintaining the availability of critical services via our 24/7 Digital Services and nationwide fee-free ATM network. That way, you can bank from home safely with features like Mobile Deposit and Billp@yer. Plus, you always have the option of speaking with one of our representatives at 888.800.3328 or contacting us via Secure Message or Live Chat. If you need us, we are here for you.

 

9. If my account is overdrawn when my federal Economic Impact Payment (EIP) is deposited, am I able to access to my stimulus funds?

At First Entertainment, typically when accounts are overdrawn, funds deposited are automatically applied to cover negative balances. However, due to the pandemic, we are committed to ensuring you have full access to your CARES Act government stimulus funds. Please contact us if you have questions or would like further information on ways we can help you.

 

10. I applied for a loan, when should I expect a call back?

Loan applications are being processed in the order they are received. Please expect processing times to take up to three (3) hours (when submitted during normal business hours).

 

11. What types of financial hardship assistance is First Entertainment offering?

As we have done in similar situations such as the recent wild fires and other natural disasters, we are working with members on a case-by-case basis. First Entertainment’s additional assistance for members impacted by the coronavirus includes

  • Visa® Credit Cards: Skip payment option.
  • Personal Loans: Deferred payments, with payments added to the end of the loan.
  • Auto Loans: Deferred payments, with payments added to the end of the loan.
  • Mortgage Loans: Forbearance on payments can be requested here.
  • Home Equity Loans/Lines of Credit: Members can request to Defer payments, with payments added to the end of their amortized HELOCs and members with Interest-Only HELOCs can request a Forbearance on their payments.

For all of the above instances, there will be no negative credit bureau reporting during the deferment period. In addition, we may be able to offer you a low interest bridge loan to help you get back on your feet. To learn more, give us a call at 888.800.3328.

Your financial well-being is our priority. It’s important for you to reach out to us so we can find the right solution for you. In an effort to protect our financial cooperative, we may, in some instances, require proof of your hardship.

 

12. Am I able to open a new business account remotely?

Absolutely. For those interested in opening an account, please reach out us via email at BusinessBanking@firstent.org and we will contact you with information on how to proceed.

 

13. What other conventional financing options are available for business owners?

We currently offer the following lending products for our Business Banking members:

  • Business Lines of Credit
  • Business Visa Credit Cards
  • Business Unsecured Term Loans
  • Business Vehicle Loans
  • Commercial Real Estate Loans

 

14. What other options do businesses have now that First Entertainment is no longer accepting PPP applications?1

Although most financial institutions require a borrower to have an existing business relationship in order to process any Paycheck Protection Program funds request, many non-depository institutions, also known as Financial Technology (FinTechs) companies, have been authorized by the SBA to continue accepting and processing applications including those listed below:2

Additionally, business owners can search sba.gov for details on available programs and other valuable information as well as locate an approved SBA 7a Lender.3

 

15. What happens if I am having trouble paying my insurance premiums?

Give our agents a call at 323.845.4495 during normal business hours to discuss options such as payment deferment, lowering your premium, and availability of refunds offered by the insurance companies we work with. You can also obtain additional details and assistance by visiting the insurance carriers' websites directly or simply click on the options listed below.

 

16. My income has been impacted by the COVID-19 virus, can you help?

If you find yourself experiencing a financial hardship, please contact us.

 

17. Are there other avenues of assistance available for members?

Yes. Government agencies, as well as many entertainment industry and industry related organizations, have established programs designed specifically for those impacted by the SARS-CoV-2 virus. Members can view a list in the Links & Contacts section.

 

18. Does my Visa Credit Card have travel insurance?

First Entertainment's card benefits are available on our website. Some cards may offer additional Trip Cancellation/Trip Interruption Insurance which may reimburse cardholders for unused, non-refundable portions of their purchase if the trip is canceled or interrupted as the result of a covered accident or sickness of an immediate family member. We recommend you contact the benefit administrator directly toll-free at 800.847.2911 for full details and assistance.

 

19. My travel plans have been canceled and the charges on my card have not been removed. What are my options?

If you incur a loss due to canceled or interrupted travel, we encourage you to reach out to the merchant directly first, since it is often the fastest way to resolve a dispute. If you need help from First Entertainment, you can contact us directly at 888.800.3328.

 

20. I received a call/text from someone claiming to represent First Entertainment Credit Union related to Coronavirus (COVID-19) asking for my information. What should I do?

We urge you not to provide any personal information because these emails and phone calls are not from First Entertainment. We do not initiate outbound calls or emails to our members specifically asking for your personal information and encourage you to be mindful of individuals who look to take advantage of those (that may be) impacted by the Coronavirus (COVID-19).

Known as phishing, it is a way to acquire personal details by posing as a legitimate company - usually by phone or email - in order to gain access to financial information and compromise banking accounts. Should you receive a phone call in which you are asked for your personal information, hang up immediately! If you are concerned about your account, or believe you may have provided your personal information to a third party, contact us directly.

If you believe you have received a fraudulent email that claims to be from First Entertainment:

  • Do not reply to the email
  • Do not click on any of the links embedded in the email
  • Call us at 888.800.3328 to report the email
  • After reporting it for investigation, delete it
  • Then monitor your account and call us if you notice any unusual activity

The best way to protect yourself is to be aware. Learn which type of scam is currently most prevalent and how you can regain your Peace of Mind.


*During branch lobby closures, information regarding your EDD payment options is available on the Economic Development Department website.

** For complete details, contact the Credit Union at 888.800.3328 during normal business hours.

1 As of May 12, 2020, First Entertainment has stopped accepting new applications for the PPP because we have reached our maximum number allowed. Any loan made under the Program must also be submitted to and approved by the SBA. First Entertainment Credit Union does not guarantee that applications will be processed and submitted before SBA funding is no longer available. Maximum portfolio limit of SBA PPP loans allowed is $5,000,000.

2 First Entertainment Credit Union neither endorses, nor has any relationship with, the companies listed and has included the information as examples of other potential resources for borrowers seeking PPP funds.

3 Information on programs provided and offered by the U.S. Small Business Administration is not associated with, or guaranteed by, First Entertainment Credit Union.