Abra Cadabra: CU’s New Partnership Includes a Little Magic

LOS ANGELES, Calif. –First Entertainment FCU has announced a new partnership with the Academy of Magical Arts (AMA).

The Magic Castle in Los Angeles

The credit union noted it began its relationship with the AMA with the sponsorship of The Academy of Magical Arts Award Show and will now provide AMA members access to financial products and educational resources catered to entertainers, while supporting the AMA's overall initiative.

“As a financial institution dedicated to serving the needs of independent contractors in the entertainment industry, we recognize the unique financial needs entertainers encounter,” said First Entertainment President and CEO Stephen Owen. “Through this partnership, the AMA will have access to financial resources and literacy programs tailored specifically to entertainers so that both Academy members and AMA employees can succeed throughout their careers.”

More Than 4,000 Members: Or Are There?

The Academy of Magical Arts, headquartered in the heart of Hollywood, is known for its famed historic Magic Castle, and has more than 4,500 members with a mission to promote the art of magic and the positive image of magic and magicians worldwide.

“The Academy of Magical Arts has chosen First Entertainment Credit Union as its financial partner for a variety of compelling reasons,” said Michael Albright, creative director for The Academy of Magical Arts. “First Entertainment’s unique understanding of the entertainment industry and their ability to adapt to the ever-changing needs of its members make it especially suited for our membership. They’re a financial institution well known and highly respected for their personal assistance that helps make life better for their members, and in that regard, we have a lot in common. This is a relationship we can be proud of.”

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