ABOUT US

What is a Credit Union?

Community Support

Locations

Our History

 

What is a Credit Union?

Credit Unions are member owned and operated financial cooperative institutions. Members capitalize the Credit Union through regular savings and deposits. The membership’s savings are then made available to other members as loans at reasonable rates. Income from loans and other investments provide better returns to members.

 

Our member owned and operated Credit Union allows for better service and returns to our members, in the form of lower interest rates on loans and higher returns on savings, and has the accountability and openness that the big banks do not have. Members also serve as volunteers on the Credit Union Board of Directors and Supervisory Committee, whom provide management, oversight and transparency.

 

Community Support

Technicolor Federal Credit Union takes pride in being a positive force within the communities it serves. Please let us know how we can make a difference in the areas that are important to you by emailing info@technicolorfcu.org

 

Technicolor FCU is a proud sponsor of Credit Unions for Kids, a fund raising activity to benefit 170 affiliated children's hospitals in the Children's Miracle Network. You can support our cause by donating your empty inkject, laser, fax, and copier cartridges as well as cell phones to the credit union. Drop them off at our branch where they'll be recycled and the proceeds donated to the Children's Miracle Network.

 

Locations

Technicolor Federal Credit Union has two main full service branches in Burbank and Hollywood, CA in addition to multiple 24/7 deposit taking ATMs and over 30,000 surcharge-free ATMs on the CO-OP network. To view our branch locations or to locate an ATM near you, please click here.

 

Our History

 

The history of Technicolor Federal Credit Union (TFCU) is a story of two credit unions. On December 12th 1952, Ernest Abell and seven employees of Technicolor Laboratories located in North Hollywood, California were granted a Federal charter and founded Technicolor Employees Federal Credit Union (TEFCU). Credit Union membership grew as the Technicolor Laboratories expanded. An office was first opened on the corner of Willoughby Ave. and Cole Ave in Hollywood, CA. The credit union later moved to a location on Ventura Blvd., before procuring a branch location at the Lankershim Blvd. Technicolor Lab.

 

In the early 1990’s the credit union acquired and developed its own property in Burbank, California at 434 W. Alameda Ave, where a two-story building was constructed from the ground up to house the growing credit union. Completion of the new facility in 1992 brought about the final step in TEFCU’s drive to become a completely independent organization.

TEFCU changed its name to Technicolor Federal Credit Union in 1992 to reflect the changing nature of its membership. The credit union was no longer a “Single Employer” credit union (meaning that it only served one company), but rather a Multiple Common Bond credit union serving an abundant and diverse array of businesses that make up the Los Angeles entertainment industry. TFCU undertook the next major step in its evolution completing a merger with Entertainment Capital Federal Credit Union (ECFCU) in 2005.

 

ECFCU was originally granted a charter as Goldwyn Studios Federal Credit Union (GSFCU), by James Kincade and seven other employees of Samuel Goldwyn Studios in Hollywood, California, on Oct 27, 1966. Samuel Goldwyn Productions, Quinn Martin Productions, and the United Artists Corporation were among the original field of membership of the credit union. As the years went by, GSFCU grew with the merger of Republic Federal Credit Union (Serving Republic Pictures).

 

In 1980, Warner Brothers (WB) purchased Samuel Goldwyn Studios, and renamed it Warner Hollywood Studios. GSFCU then changed its name to Warner Hollywood Studios Federal Credit Union (WHSFCU) to reflect the new business environment on Dec 3, 1980. After the Warner Hollywood lot was sold on January 1st 2000, the studio was renamed “The Lot”. WHSFCU then held a membership-wide contest to rename the credit union and selected the clever double entendre name “Entertainment Capital” Federal Credit Union. Entertainment Capital Federal Credit Union (ECFCU) then established its headquarters on the Raleigh Studios Lot on Melrose Avenue in Hollywood, CA, across the street from Paramount Studios.

 

Technicolor Federal Credit Union and Entertainment Capital Federal Credit Union completed their merger in 2005. Today, the credit union serves over 200 companies and thousands of members.

 

Image artwork by Joe Stern

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© 2005-2015 Technicolor Federal Credit Union All Rights Reserved. Tel: 818.973.4900


This Credit Union is Federally Insured by the National Credit Union Administration.