BrightStar Wins South Florida’s Credit Union of the Year

student-with-star

A visitor at BrightStar's recent 65th Anniversary Party in the Park holds a star.

BrightStar Credit Union was named 2011 Credit Union of the Year today by the South Florida Business Journal as part of their Excellence in Banking Awards.

The Credit Union was selected for its involvement in the community, and because they have contributed to the local economy by granting thousands of consumer loans and hiring staff (rather than laying off staff like some organizations have had to do). Another factor in the award was the Credit Union’s growth in loans and members, which are some of the best growth rates in the U.S.

BrightStar’s CEO, Ralph Crockett said about the win, “This is a great honor for all of us. The congratulations goes to all of our staff who work hard every day to wow members with great service. This is also a win for our members, since they are the owners of the Credit Union. I think there’s a sense of pride being part of a credit union which has been called the best.”

BrightStar made $68 million in loans to members for the period from June 1, 2009 to June 30, 2011 and also expanded its number of staff by 5%. Both of these are significant factors which have contributed positively to the local economy.  The Credit Union is well-managed, well-capitalized and has never needed one penny of taxpayer bailout money.

BrightStar, which also won the 2010 AFP Philanthropic Company of the Year for Broward County, is a huge contributor to education. The Credit Union contributes more than 5% of its net income to Broward County Public Schools. Some of the programs include sponsoring Colonial Williamsburg Electronic Field Trips for 40 schools, financial literacy presentations to thousands of students, internships and several in-school, student-run credit unions. BrightStar also supports the Historic Sistrunk Festival, the Young at Art Children’s Museum and recently launched its financial literacy website, BrightStar University (www.BrightStarU.com).

BrightStar has more than 46,000 members, $340 million in assets and is insured by the NCUA, an agency of the federal government.  Learn more at http://www.bscu.org.

BrightStar is also happy to congratulate the award finalist, Dade County Federal Credit Union — another fine south Florida credit union.

Learn more about BrightStar Credit Union and join here:  https://www.bscu.org/owners/

About BrightStar Credit Union

BrightStar Credit Union is a not-for-profit, member-owned financial cooperative based in South Florida. If you live, work or go to school in Broward or Palm Beach counties, you can join!

Posted on November 11, 2011, in Broward, Broward County, Broward County Public Schools, Community Involvement, News, South Florida, Stars in the Community and tagged . Bookmark the permalink. 6 Comments.

  1. As a member since I started my career, as a teacher in 1976. I’ve always found this Credit Union. To be the best ever! I hold them still to this day, after my retirement in 2009. As my Family, and BFF!
    God bless you all!,
    D. Storr ;0)

    • Well deserve award, Bright Star approved my card loan in 2009 without the hasshole, usually get from other financial institution. To this day I am still making good on the loan. Thank you Bright Star.

  2. I just joined the credit union and is very pleased with the service. Congrats on being the best.
    L. Thomas

  3. We have been members of BSCU since 1990…closed all bank accounts in 1991. BSCU is our “banking” institution for as long as we can remain members. I so appreciate the ease of online banking functions and BSCU has been leading the credit union pack for years.

  4. Congratulations; I recommend the BrightStar Credit Union to everyone that I speak to about banking; spoke to an elderly lady last week who attended the weekend event a few weeks ago. She had a horrifying experience with her bank. I know that BrightStar would never treat a customer they way they did.
    All the best; and keep up the great work by being a great community supporter and always looking to operate at the highest level of professionalism.
    Thank you.

  5. BrightStar Credit Union

    Thanks to all of you for the nice words. : ) We never rest on our laurels though. We’re always working to improve and to better serve our members. Thanks.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: