You’ve seen the headlines about the state of some financial institutions. In their quest to increase profits, some other banks made problematic loans and investments that have gotten them into difficulty.
BrightStar doesn't get into this kind of trouble because we make sound lending decisions—on both our consumer and mortgage loans. We have relatively low delinquency and charge-off ratios. We have made no sub-prime mortgage loans resulting in very few foreclosures.
Consequently, deposits and loans with BrightStar are Safe and Sound.
As always, our doors are open and we have money to keep lending. Member savings are federally insured to at least $250,000 through the National Credit Union Administration and backed by the full faith and credit of the United States Government. The trust you have in your credit union is well placed—and well deserved. State and Federal regulators examine BrightStar on a regular basis. In their last review, regulators gave us an excellent rating for financial soundness.
If you're not a member, and are looking for security and peace of mind, we welcome you, your friends and family to BrightStar.
Frequently Asked Questions
When you open a BrightStar CU account, you become a member. Your membership is your passport to a whole world of Credit Union services. Join for as little as $1. Once you're a member, you're eligible to apply for other accounts-including checking, loans, credit cards, and more. We offer 3 convenient ways to join:
- Submit an application online
- Complete a PDF application online, then mail it
- Visit your nearest BrightStar CU branch location
Anyone who lives, works or goes to school in Broward, Collier, Lee, Martin, Miami-Dade, Palm Beach OR St. Lucie Counties, Florida. BrightStar CU serves Broward Schools, as we've proudly done for over 70 years. We provide services to local Partner Organizations, which offer BrightStar CU as a benefit to their employees. Family members of the above named groups are also eligible to join.