The $381 million BrightStar Credit Union in Sunrise, Fla., iscelebrating passing the 50,000-member mark.
|“Reaching 50,000 members is a significant milestone for thecredit union and a testament to our member's continued trust in usover the last 66 years,” said Ralph Crockett, the Broward Countycredit union's CEO.
|“We've enjoyed strong membership growth for the last three yearsand expect this to continue as part of the national trend drivingconsumers looking for high-touch customer service, additionalproducts and services and lower fees,” Crockett said.
|BrightStar was founded by a group of 26 teachers to serveBroward schools and now serves the entire community through sixbranches. It also is active in financial education and operates sixCU@School credit unions in Broward County schools.
|In addition to reaching the 50,000 mark, the credit union said,it has notched record years in 2012 and 2011 for both net incomeand membership growth. Member growth was 8% annually over the pasttwo years, compared with less than 3% nationally, BrightStarsaid.
|The credit union also touted the fact that it did not lay offany employees during the recent economic downturn and has added twoto three new positions each year since 2010.
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