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 |
» See also Statement of Financial Condition