First Entertainment Credit Union (or First Entertainment) is a state chartered, natural person (retail) credit union – a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.

Headquartered in Hollywood, California, First Entertainment Credit Union is regulated under the authority of both the California Department of Financial Institutions (DFI) and the National Credit Union Administration (NCUA), an agency of the U.S. federal government.

A home equity line of credit (often called HELOC and pronounced Hee-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's equity in his/her house (akin to a second mortgage).

Because a home often is a consumer's most valuable asset, many homeowners use home equity credit lines only for major items, such as education, home improvements, or medical bills, and choose not to use them for day-to-day expenses.

HELOC abuse is often cited as one cause of the subprime mortgage crisis.

Wealth is the abundance of valuable resources or valuable material possessions.

This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem.

An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.

Insurance is a means of protection from financial loss.

It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.

In economics, a service is a transaction in which no physical goods is transferred from the seller to the buyer.

The benefits of such a service are held to be demonstrated by the buyer's willingness to make the exchange.

Public services are those that society (nation state, fiscal union, region) as a whole pays for.

Using resources, skill, ingenuity, and experience, service providers benefit service consumers.