Dec, 31, 2023 — TECHNICOLOR FEDERAL CREDIT UNION is a federal credit union headquartered in BURBANK, CA with 2 branch locations and about $92.15 million in total assets. Opened 72 years ago in 1952, TECHNICOLOR FEDERAL CREDIT UNION has about 4,509 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TECHNICOLOR FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 434 W Alameda Ave BURBANK, CA 91506 |
| Phone: | (818) 973-4900 |
| Fax: | (818) 973-4912 |
| Website: | https://www.technicolorfcu.org |
| Branches: | 2 branch locations |
| Members: | 4,509 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8230 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $92,145,280 |
| CEO/Manager: | Philip J Denlea |
| Chairperson: | Mike Webb |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,889,467 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 49,421,683 |
| Unsecured Loans | 1,633,555 |
| Other Loans | 11,047,361 |
| TOTAL LOANS | 62,102,597 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -408,198 |
| Land And Building | 691,446 |
| Other Fixed Assets | 184,877 |
| NCUSIF Deposit | 676,762 |
| All Other Assets | 0 |
| TOTAL ASSETS | 92,145,280 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7 |
| Notes & Interest Payable | 22,735,646 |
| Accounts Payable & Other Liabilities | 1,970,072 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,080,961 |
| Regular shares | 20,919,866 |
| All Other Shares & Deposits | 29,560,345 |
| TOTAL SHARES & DEPOSITS | 62,561,172 |
| TOTAL LIABILITIES | 87,266,897 |
| Regular Reserve | 0 |
| Other Reserves | -3,854,198 |
| Undivided Earnings | 8,732,581 |
| TOTAL EQUITY | 4,878,383 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 92,145,280 |
| INCOME & EXPENSE | |
| Loan Income | 3,034,167 |
| Investment Income | 823,275 |
| Other Income | 2,329,387 |
| Total Employee Compensation & Benefits | 2,364,459 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,158,075 |
| Non-operating Income & (Expense) | 13,598 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,736,105 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -58,212 |
| ↑ Back to Top | |