LOS ANGELES, Calif. – First Entertainment Credit Union has named Larry Grager Vice President of Finance.
Grager will oversee all accounting and finance functions as well as provide analytical and planning support to senior management.
“Adding Larry Grager to our team of talented executives is a big win for First Entertainment Credit Union members,” said Kenneth W. Kramer, Senior Vice President and Chief Financial Officer at First Entertainment. “He has a well-established track record in strategic planning and comes to us with a solid understanding of financial leadership and growth. He brings to the role vast experience working at the executive level with credit unions and banking institutions of various scopes. We’re proud to have Larry as part of the First Entertainment family.”
Before joining First Entertainment, Grager worked as a Chief Financial Officer at both credit unions and commercial banks. As an effective manager with a long list of accomplishments in financial planning and executive strategy, Grager oversaw capital and asset growth of approximately 45% to $1.9 billion at lending firm Golden State Farm Credit. With his extensive knowledge in banking operations, Grager will support First Entertainment’s Finance and Accounting teams in overseeing the success and growth of the credit union.
“I am excited and ready to step into the VP of Finance role at First Entertainment,” said Grager. “I look forward to working with the executive team in accelerating the credit union’s growth to the benefit of its membership. First Entertainment has a wonderful track record in the entertainment community and I look forward to helping all of our members achieve financial success.”