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TECHNICOLOR FEDERAL CREDIT UNION

Sep, 30, 2021 — TECHNICOLOR FEDERAL CREDIT UNION is a federal credit union headquartered in BURBANK, CA with 2 branch locations and about $93.21 million in total assets. Opened 70 years ago in 1952, TECHNICOLOR FEDERAL CREDIT UNION has about 4,670 members and employs 25 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 AVENUE
BURBANK, CA 91506
Phone:(818) 973-4900
Fax:(818) 973-4916
Website:https://www.technicolorfcu.org
Branches:2 branch locations
Members:4,670
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:$93,211,540
CEO/Manager:Philip J Denlea
Chairperson:Mike Webb

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,869,454
TOTAL INVESTMENTS 23,631,118
Loans Held for Sale 0
 
 Real Estate Loans 45,681,786
 Unsecured Loans 1,239,057
 Other Loans 8,790,982
 TOTAL LOANS 55,711,825
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -276,720
 Land And Building 792,219
 Other Fixed Assets 161,239
 NCUSIF Deposit 740,186
 All Other Assets 582,219
  TOTAL ASSETS 93,211,540
LIABILITIES & CAPITAL:  
 Dividends Payable 67,941
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,733,571
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 29,800,734
 Regular shares 29,336,797
 All Other Shares & Deposits 24,175,214
  TOTAL SHARES & DEPOSITS 83,312,745
  TOTAL LIABILITIES 85,114,257
 Regular Reserve 1,391,226
 Other Reserves 1,194
 Undivided Earnings 6,704,863
  TOTAL EQUITY 8,097,283
  TOTAL LIABILITIES, SHARES, & EQUITY 93,211,540
INCOME & EXPENSE  
 Loan Income 1,800,281
 Investment Income 222,842
 Other Income 3,151,975
 Total Employee Compensation & Benefits 2,000,690
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,542,021
 Non-operating Income & (Expense) 8,972
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,000
 Cost of Funds 215,754
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 415,605
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