Brightstar Credit Union

PO Box 8966
Fort Lauderdale, FL 333108966
800.637.BSCU
www.bscu.org

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Brightstar Credit Union is headquartered in Fort Lauderdale and is the 30^th largest credit union in the state of Florida. It is also the 555^th largest credit union in the nation. It was established in 1946 and as of September of 2011, it had grown to 126 employees and 45,985 members. Brightstar Credit Union has a 4-star health rating.

Competitive CD Rates at BrightStar Credit Union in South FL - Local Only - 7/23/2010

BrightStar Credit Union is offering some competitive CD rates. Its special Smart CDs include a 1.60% APY 11-month CD and a 1.85% APY 23-month CD. Minimum deposit is $500. The regular 3-year CD is also ...

$100 Checking Account Bonus at BrightStar Credit Union in South FL - Local Only - 7/23/2010

BrightStar Credit Union is offering up to $100 for opening its checking account and performing qualifying transactions. The $100 bonus requires a minimum of 4 eligible transactions each month for 7 mo ...

5.25% 11-Month CD at Brightstar Credit Union in South Florida - 9/24/2008

Update 10/03/08: The 5.25% 11-month CD is no longer listed at the credit union's website. Please check with the credit union for the latest rates and specials.BrightStar Credit Union just increased the rate on its special 11-month Smart CD to 5.25% APY. ...

4.50% 11-Month CD at Brightstar Credit Union in South Florida - 9/12/2008

BrightStar Credit Union is offering a special 11-month CD with a yield of 4.50% APY. The minimum deposit is $500. The yield is 4.75% APY for Platinum Star members. The CD is also available in an IRA.My last post on this credit union was in April when it...

2008

4/9 - 3.85% 5-Month / 3.50% 23-Month CD at a South Florida CU (BrightStar).

2007

7/15 - 5.75% 8-Month CD at a South Florida CU (BrightStar)

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See Rates for: Checking | Savings | Money Market | CD | IRA

Brightstar Credit Union Checking Account Rates

Apy	Min	Max	Product
0.25%	-	-	Interest Checking
0.25%	-	-	Small Business Checking

Brightstar Credit Union Savings Account Rates

Apy	Min	Max	Product
0.60%	$95k	-	IRA Savings
0.10%	-	-	Savings Account
0.10%	-	-	Wish Account

Brightstar Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.60%	$95k	-	Money Market Account

Brightstar Credit Union CD Rates

Apy	Min	Max	Product
1.85%	$95k	-	5 Year Jumbo CD - Platinum Star
1.80%	$50k	$95k	5 Year Mini Jumbo CD - Platinum Star
1.75%	$500	$50k	5 Year Share CD - Platinum Star
1.60%	$95k	-	5 Year Jumbo CD
1.60%	$95k	-	4 Year Jumbo CD - Platinum Star
1.55%	$50k	$95k	5 Year Mini Jumbo CD
1.55%	$50k	$95k	4 Year Mini Jumbo CD - Platinum Star
1.50%	$500	$50k	5 Year Share CD
1.50%	$500	$50k	4 Year Share CD - Platinum Star
1.40%	$500	$50k	23 Month Smart CD - Platinum Star
1.35%	$95k	-	4 Year Jumbo CD
1.35%	$95k	-	3 Year Jumbo CD - Platinum Star
1.30%	$50k	$95k	4 Year Mini Jumbo CD
1.30%	$50k	$95k	3 Year Mini Jumbo CD - Platinum Star
1.25%	$500	$50k	4 Year Share CD
1.25%	$500	$50k	15 Month Smart CD - Platinum Star
1.25%	$500	$50k	3 Year Share CD - Platinum Star
1.15%	$500	$50k	23 Month Smart CD
1.10%	$95k	-	3 Year Jumbo CD
1.05%	$50k	$95k	3 Year Mini Jumbo CD
1.00%	$500	$50k	3 Year Share CD
1.00%	$500	$50k	15 Month Smart CD
0.90%	$95k	-	2 Year Jumbo CD - Platinum Star
0.85%	$50k	$95k	2 Year Mini Jumbo CD - Platinum Star
0.80%	$500	$50k	2 Year Share CD - Platinum Star
0.70%	$95k	-	1 Year Jumbo CD - Platinum Star
0.65%	$95k	-	2 Year Jumbo CD
0.65%	$50k	$95k	1 Year Mini Jumbo CD - Platinum Star
0.60%	$50k	$95k	2 Year Mini Jumbo CD
0.60%	$95k	-	6 Month Jumbo CD - Platinum Star
0.60%	$500	$50k	1 Year Share CD - Platinum Star
0.55%	$500	$50k	2 Year Share CD
0.55%	$50k	$95k	6 Month Mini Jumbo CD - Platinum Star
0.50%	$500	$50k	6 Month Share CD - Platinum Star
0.45%	$95k	-	1 Year Jumbo CD
0.40%	$50k	$95k	1 Year Mini Jumbo CD
0.35%	$500	$50k	1 Year Share CD
0.35%	$95k	-	6 Month Jumbo CD
0.30%	$50k	$95k	6 Month Mini Jumbo CD
0.25%	$500	$50k	6 Month Share CD
0.20%	$95k	-	1 Month Jumbo CD
0.20%	$95k	-	2 Month Jumbo CD
0.20%	$95k	-	3 Month Jumbo CD
0.15%	$50k	$95k	1 Month Mini Jumbo CD
0.15%	$50k	$95k	2 Month Mini Jumbo CD
0.15%	$50k	$95k	3 Month Mini Jumbo CD
0.10%	$500	$50k	1 Month Share CD
0.10%	$500	$50k	2 Month Share CD
0.10%	$500	$50k	3 Month Share CD

Brightstar Credit Union IRA Rates

Apy	Min	Max	Product
1.85%	$95k	-	5 Year Jumbo IRA - Platinum Star
1.80%	$50k	$95k	5 Year Mini Jumbo IRA - Platinum Star
1.75%	$500	$50k	5 Year Share IRA - Platinum Star
1.60%	$95k	-	4 Year Jumbo IRA - Platinum Star
1.60%	$95k	-	5 Year Jumbo IRA
1.55%	$50k	$95k	4 Year Mini Jumbo IRA - Platinum Star
1.55%	$50k	$95k	5 Year Mini Jumbo IRA
1.50%	$500	$50k	4 Year Share IRA - Platinum Star
1.50%	$500	$50k	5 Year Share IRA
1.40%	$500	$50k	23 Month Smart IRA - Platinum Star
1.35%	$95k	-	3 Year Jumbo IRA - Platinum Star
1.35%	$95k	-	4 Year Jumbo IRA
1.30%	$50k	$95k	3 Year Mini Jumbo IRA - Platinum Star
1.30%	$50k	$95k	4 Year Mini Jumbo IRA
1.25%	$500	$50k	15 Month Smart IRA - Platinum Star
1.25%	$500	$50k	3 Year Share IRA - Platinum Star
1.25%	$500	$50k	4 Year Share IRA
1.15%	$500	$50k	23 Month Smart IRA
1.10%	$95k	-	3 Year Jumbo IRA
1.05%	$50k	$95k	3 Year Mini Jumbo IRA
1.00%	$500	$50k	3 Year Share IRA
1.00%	$500	$50k	15 Month Smart IRA
0.90%	$95k	-	2 Year Jumbo IRA - Platinum Star
0.85%	$50k	$95k	2 Year Mini Jumbo IRA - Platinum Star
0.80%	$500	$50k	2 Year Share IRA - Platinum Star
0.70%	$95k	-	1 Year Jumbo IRA - Platinum Star
0.65%	$50k	$95k	1 Year Mini Jumbo IRA - Platinum Star
0.65%	$95k	-	2 Year Jumbo IRA
0.60%	$95k	-	6 Month Jumbo IRA - Platinum Star
0.60%	$500	$50k	1 Year Share IRA - Platinum Star
0.60%	$50k	$95k	2 Year Mini Jumbo IRA
0.55%	$50k	$95k	6 Month Mini Jumbo IRA - Platinum Star
0.55%	$500	$50k	2 Year Share IRA
0.50%	$500	$50k	6 Month Share IRA - Platinum Star
0.45%	$95k	-	1 Year Jumbo IRA
0.40%	$50k	$95k	1 Year Mini Jumbo IRA
0.35%	$95k	-	6 Month Jumbo IRA
0.35%	$500	$50k	1 Year Share IRA
0.30%	$50k	$95k	6 Month Mini Jumbo IRA
0.25%	$500	$50k	6 Month Share IRA
0.20%	$95k	-	1 Month Jumbo IRA
0.20%	$95k	-	2 Month Jumbo IRA
0.20%	$95k	-	3 Month Jumbo IRA
0.15%	$50k	$95k	1 Month Mini Jumbo IRA
0.15%	$50k	$95k	2 Month Mini Jumbo IRA
0.15%	$50k	$95k	3 Month Mini Jumbo IRA
0.10%	$500	$50k	1 Month Share IRA
0.10%	$500	$50k	2 Month Share IRA
0.10%	$500	$50k	3 Month Share IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

BRIGHTSTAR
NCUA #	67347
BankRate Report	View
Year Established	1946
Employees	126
Primary Regulator
Assets and Liabilities
Assets	$345.17 million
Loans	$265.85 million
Deposits	$312.56 million
Equity Capital	$28.68 million
Loan Loss Allowance	$5.05 million
Unbacked Noncurrent Loans	$3.05 million
Historic Data - September 2010
Assets	$333.98 million
Equity Capital	$27.29 million
Loan Loss Allowance	$4.37 million
Unbacked Noncurrent Loans	$3.72 million
Real Estate Owned	$244,000
Profit Margin - Quarterly
Net Interest Margin	4.06%
Return on Assets	0.51%
Return on Equity	6.11%
Interest Income	$12.11 million
Non-Interest Income	$6.04 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Brightstar Credit Union had $3.05 million in non-current loans and owned real-estate with $33.73 million in equity and loan loss allowances on hand to cover it. This gives Brightstar Credit Union a Texas Ratio of 9.04% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Brightstar Credit Union decreased slightly from 12.52% as of September 30, 2010 to 9.04% as of September 30, 2011, resulting in a positive change of 27.80%.This indicates that the balance sheet and financial strength for Brightstar Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Brightstar Credit Union has increased its total deposits by $9.51 million, resulting in 3.14% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Brightstar Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Brightstar Credit Union has $345.17 million in assets with $33.73 million in equity, resulting in a capitalization level of 9.77%, which is average.