With over 50 years of experience serving the entertainment industry, First Entertainment Credit Union has grown to nearly 90,000 members and established partnerships with 400+ businesses and entertainment organizations. Our membership is open to local businesses and anyone who resides, works, attends school, or worships in L.A. County. First Entertainment Credit Union’s executive team includes President/CEO Stephen Owen, EVP/COO Addie Allison, Chief Financial Officer Mag Wangsuwana, Chief People Officer Janet Gaspard, and SVP, Strategy Daniel Arita.
Stephen Owen is president and CEO of First Entertainment Credit Union. He brings more than 20 years of experience in the financial industry to his role leading the credit union to become the preferred financial partner for those in entertainment and a top-rated workplace. Since joining in 2022, he has worked with the leadership team to identify ways to reinvigorate the credit union’s commitment to the entertainment industry.
Stephen Owen
President and CEO
Daniel Arita was named senior vice president of strategy in 2025 and has been with First Entertainment Credit Union since 2019, previously serving as vice president of digital and payments experience in 2022. Daniel has been in the financial services industry for nearly 20 years and is responsible for the online, mobile, digital and payments experiences, as well as ensuring these solutions help members improve their financial well-being.
Daniel Arita
Senior Vice President of Strategy
Addie Allison is the Executive Vice President (EVP) and Chief Operating Officer (COO) at First Entertainment Credit Union. She leads strategic direction and operational management across key departments, including member experience, retail, lending, card services, fraud operations, enterprise risk management, and compliance. Her leadership drives innovation, fosters organizational alignment, and elevates the member experience.
Addie Allison
EVP & COO
As EVP and COO, Addie partners with the CEO and leadership teams to drive strategic goals and multi-year initiatives that fuel growth, profitability, and long-term sustainability. She turns strategy into clear, actionable objectives that strengthens organizational performance and advances the credit union’s philanthropic mission.
As CFO, Mag partners with senior leadership to align financial strategy with organizational goals, guiding budgeting, forecasting, liquidity, and capital planning. Mag evaluates new initiatives and strategic partnerships, manages financial operations, including accounting, treasury, and reporting, and ensures accuracy, compliance, and efficiency. Mag also works with legal, tax, and regulatory partners to navigate complex environments, and implement financial controls programs aligned with the credit union’s strategy.
Mag Wangsuwana
SVP & CFO
With over 30 years of experience, Janet is a seasoned leader in building high-performance, collaborative, and workplace-of-choice cultures. Before joining First Entertainment, she was the AVP of People & Culture at Los Angeles Police Federal Credit Union, where she directed HR programs for the credit union’s four L.A. locations, serving over 40,000 members.
Janet Gaspard
SVP & Chief People Officer
Passionate about empowering employees and championing best practices, Janet is an active member of professional HR organizations such as SHRM, PIHRA, AIHR, and Chief. She has been on the board of directors of the HRD Network since 2007 and is a past Board President.
