California’s First Entertainment Credit Union Appoints New CEO


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Stephen Owen will become chairman and CEO of the $2.1 billion First Entertainment Credit Union in Hollywood, Calif., the board announced last week.

He will succeed Charles Bruen, who was named interim CEO in February after replacing Lisa Landt, who served as CEO of First Entertainment from 2020 to the end of last year, according to NCUA profile reports.

Owen will join First Entertainment from the $14.9 billion First Tech Federal Credit Union in San Jose, where he served as director of retail and marketing. He also worked as chief operating officer for the $9 billion OnPoint community credit union in Portland, Oregon, and was a consumer market manager for Bank of America, his professional profile page showed. LinkedIn.

Stephen Owen Stephen Owen

“We have found the right leader in Stephen Owen after an extensive search of many highly qualified candidates,” First Entertainment Chairman of the Board Howard Welinsky said in a prepared statement. “Stephen has stood out among the best. He has a proven track record of financial expertise and experience in retail banking and adheres to the credit union philosophy of ‘people helping people’. Thanks to his passion for improving the member experience, we can continue to grow and promote the financial well-being of our creative community. We look forward to many successful years with Stephen leading the co-op of credit. “

First Entertainment’s 229 employees operate nine branches serving nearly 90,000 members.

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