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TECHNICOLOR FEDERAL CREDIT UNION

Dec, 31, 2021 — TECHNICOLOR FEDERAL CREDIT UNION is a federal credit union headquartered in BURBANK, CA with 2 branch locations and about $94.56 million in total assets. Opened 70 years ago in 1952, TECHNICOLOR FEDERAL CREDIT UNION has about 4,685 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322079324
Name:TECHNICOLOR FEDERAL CREDIT UNION
Address:
(Main Office)
434 W Alameda Ave
BURBANK, CA 91506
Phone:(818) 973-4900
Fax:(818) 973-4916
Website:https://www.technicolorfcu.org
Branches:2 branch locations
Members:4,685
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$94,558,423
CEO/Manager:Philip J Denlea
Chairperson:Mike Webb

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,771,672
TOTAL INVESTMENTS 23,524,035
Loans Held for Sale 0
 
 Real Estate Loans 45,905,708
 Unsecured Loans 1,310,148
 Other Loans 9,067,656
 TOTAL LOANS 56,283,512
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -274,785
 Land And Building 778,401
 Other Fixed Assets 150,440
 NCUSIF Deposit 762,468
 All Other Assets 562,680
  TOTAL ASSETS 94,558,423
LIABILITIES & CAPITAL:  
 Dividends Payable 66,513
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,369,914
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 30,692,946
 Regular shares 28,798,987
 All Other Shares & Deposits 24,552,391
  TOTAL SHARES & DEPOSITS 84,044,324
  TOTAL LIABILITIES 86,480,751
 Regular Reserve 1,391,226
 Other Reserves -562,763
 Undivided Earnings 7,249,209
  TOTAL EQUITY 8,077,672
  TOTAL LIABILITIES, SHARES, & EQUITY 94,558,423
INCOME & EXPENSE  
 Loan Income 2,420,841
 Investment Income 311,103
 Other Income 4,036,734
 Total Employee Compensation & Benefits 2,642,310
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,309,120
 Non-operating Income & (Expense) 12,739
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,000
 Cost of Funds 276,116
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 543,871
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