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TECHNICOLOR FEDERAL CREDIT UNION

Jun, 30, 2021 — TECHNICOLOR FEDERAL CREDIT UNION is a federal credit union headquartered in BURBANK, CA with 2 branch locations and about $94.84 million in total assets. Opened 69 years ago in 1952, TECHNICOLOR FEDERAL CREDIT UNION has about 4,661 members and employs 26 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:4,661
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:$94,842,253
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 16,456,505
TOTAL INVESTMENTS 22,906,010
Loans Held for Sale 0
 
 Real Estate Loans 43,848,825
 Unsecured Loans 1,260,692
 Other Loans 8,245,121
 TOTAL LOANS 53,354,638
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -264,998
 Land And Building 806,297
 Other Fixed Assets 225,860
 NCUSIF Deposit 740,186
 All Other Assets 617,755
  TOTAL ASSETS 94,842,253
LIABILITIES & CAPITAL:  
 Dividends Payable 85,657
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,010,591
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 31,321,443
 Regular shares 28,647,455
 All Other Shares & Deposits 24,600,800
  TOTAL SHARES & DEPOSITS 84,569,698
  TOTAL LIABILITIES 86,665,946
 Regular Reserve 1,391,226
 Other Reserves 54,786
 Undivided Earnings 6,730,295
  TOTAL EQUITY 8,176,307
  TOTAL LIABILITIES, SHARES, & EQUITY 94,842,253
INCOME & EXPENSE  
 Loan Income 1,227,499
 Investment Income 133,904
 Other Income 2,202,770
 Total Employee Compensation & Benefits 1,337,806
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,708,090
 Non-operating Income & (Expense) 7,031
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,000
 Cost of Funds 152,014
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 363,294
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