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954-486-2728
5901 Del Lago Cir
Sunrise, FL 33313-6341

Brightstar Credit Union is headquartered in Sunrise and is the 28th largest credit union in the state of Florida. It is also the 502nd largest credit union in the nation. It was established in 1946 and as of March of 2014, it had grown to 142 employees and 54,808 members. Brightstar Credit Union's money market rates are 25% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Anyone who lives, works or goes to school in Broward OR Palm Beach Counties, Florida. Anyone associated with any educational institution in Broward County. Family members of anyone eligible by blood, marriage or adoption may join, even though such individuals do not reside in the same household. We provide services to local Partner Organizations, which offer BrightStar CU as a benefit to their employees. - See Details

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Reviews (6)

Something To Think About With Bright Star

I called today to open an account with Brightstar.  I wanted to have a Star preminum membership to take advantage of the 5yr cd rate for an Ira due in 60 days -jumbo cd.  I qualified for the membership and had no problem with the requirements. One odd thing was you needed to use the Visa check card several times a month but she refused to tell me how many times

Now for the kicker-  the rep told me that they might not be able to address my IRA( within my time frame) since I needed to established a relationship with them.  I  had no idea what she was talking about and said that I didn't undestand since I met all the requirements. She said they want people in the Star to have a strong relationship with them and this might take several months.  This may mean car loans and things of that nature I have no idea..  I asked several more questions and finally gave up. She kept trying to direct me to their regular cd rates. I said I wasn't interested and that was that.

Bright Star

Free checking. Reasonable safe deposit fee.
Employees aren't especially helpful or friendly

I Feel Robbed!

Don’t do it!! Brightstar Credit Union is the worst credit union I have ever worked with, horrible customer service, horrible management and horrible policies. Whenever you make a phone call be prepared to wait at least 20-45 mins before anyone bothers to pick up the phone. The first of many unpleasant moment with Brightstar was when they put a lock on my debit/credit card twice for no reason at all, I hadn’t went out of the state or made multiple purchases. When I called, waited 45 mins for someone to pick up the phone, no one was able to tell me why they put a fraud lock on my account and on top of that I had to wait 24 hrs before they removed it! Inconvenient does not even begin to explain it!

I recently overdrafted on my account, bad I know but things happen anyway money I was expecting to come into the account was two days late. They charged me $102.00 for borrowing $25.60 that is 400% interest!! How is that legal? I have a total of 4 other accounts, 2 with another credit union and 2 with a traditional bank and they do not have this ridiculous policy. When I called to have the fees reversed I was passed around from person to person for over 4 days and the final answer was “We can’t help you.” What a crock of bull! I inquired back in June on how to protect myself from overdraft fees and was told “There is nothing you can do.” I asked if I could put money in my savings account that they could pull from in case of emergencies and I was told no. Now I get, they don’t want to help you, they would rather charge you 400% interest and pocket the money. I feel completely robbed! Please if you are thinking about banking with Brightstar Credit Union DON’T!!!

Longstanding Brightstar Credit Union Platinum Star Member

I am a longstanding BrightStar Credit Union Member and current Platinum Star Member. The Platinum Star Membership requirements are clearly stated at BrightStar Credit Union | Serving Broward and Palm Beach Counties, Florida. You do need to establish a relationship with the credit union to become a member.( Read the fine print). That means you probably won't gain Platinum Star status immediately even if you meet the other requirements. It is reserved for customers who are loyal to the credit union. I have had bad experiences at other major banks and found myself coming back to BSCU because they have better rates and more free services offered in a more personal environment. All financial institutions can make errors. Over the 20 plus years I've banked with BrightStar (Broward Schools) Credit Union, I have only had one instance where a problem occurred due to the credit union's error. It was quickly corrected and no fees were accessed. There have been problems because of my error; they were also been quickly corrected and no fee accessments. As a Platinum Star member with a savings and checking, I have built in overdraft protection. When I opened my IRA CD's this year I also inquired about my son opening one. I was told that he could, but he would not have the preferred rate as a new customer. No bank is perfect, but I have little to complain about when it comes to BrightStar.

BS Credit Union

 

Why all of you may want to reconsider BS Credit Union: A check deposit was made into a BS checking account. That check was from an account that had been used for deposits for a least once a month ever since the BS account was opened and was usually posted to the account within 3 or 4 days. This time BS decided to put a seven business day hold on the check. Why? What was so different this time from any other time? The check was under $5k and there had been other check that were higher than this one from that account. But here's the thing that raises eyebrows. Right before the deposit was made, 2 or 3 overdrafts were made at a cost of $35 each. With the money that was added automatically with the deposit there was enough to cover the fees and have a few dollar in the account to cover some automatic bill pays and living expenses until the deposit should of been post. That didn't happen! Now I have $.07 in my account and an -$10 monthly auto bill pay waiting to be posted to my account. Which if its posted before the deposit is posted would cost another bank fee and if it hadn't noticed the time delay in the posting of the deposit, might of cost more bank fees if more had been charged to the BS account. Might be assuming things here, but all things considered (holding a commonly made deposit longer than normal and keeping a customer's account balance near $0.00) doesn't this whole thing smell a little fishy? And can all of you understand my anger with BS Credit Union.

Fantastic experience banking with Bright Star CU!

I have been banking with Bright Star Credit union for over 8 years. It is a nice change from the large commercial 'big name' banks. They offer a more than sufficient variety of banking products, account types, loan products with great rates and a number of investment options. Customer service has always been top notch. Branch management always courteous and helpful in resolving any issues, assisting with banking needs and offering suggestions of products that may be beneficial to the client. Branch hours and drive-through options are convenient. There are only a few branches, but with the mobile banking, on-line access and partner ATMs - this is not an issue.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Brightstar Credit Union had $6.02 million in non-current loans and owned real-estate with $50.42 million in equity and loan loss allowances on hand to cover it. This gives Brightstar Credit Union a Texas Ratio of 11.94% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Brightstar Credit Union experienced no significant changes from 8.58% as of March 31, 2013 to 11.94% as of March 31, 2014, resulting in a negative change of 39.26%. This indicates that the balance sheet and financial strength for Brightstar Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Brightstar Credit Union has increased its total deposits by $35.08 million, resulting in 9.69% 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 excellent.

Capitalization

GRADE:
A

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 $443.49 million in assets with $50.42 million in equity, resulting in a capitalization level of 11.37%, which is excellent.

Institution Statistics

Overall
NCUA #67347
Year Chartered1946
Employees142
Primary Regulator
Assets and Liabilities
Assets$443.49 million
Loans$309.27 million
Deposits$397.15 million
Equity Capital$42.24 million
Loan Loss Allowance$8.18 million
Unbacked Noncurrent Loans$6.02 million
Real Estate Owned$0
Historic Data - March 2013
Assets$408.62 million
Equity Capital$42.10 million
Loan Loss Allowance$4.16 million
Unbacked Noncurrent Loans$6.02 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.51%
Return on Assets-1.31%
Return on Equity-13.79%
Interest Income$5.16 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Brightstar Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Brightstar Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$95k-IRA Savings
0.25%--Savings Account
0.25%--Wish Account

Brightstar Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.55%$95k-Money Market Account

Brightstar Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--Interest Checking

Brightstar Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.85%$95k-5 Year Jumbo CD - Platinum Star
1.80%$50k$95k5 Year Mini Jumbo CD - Platinum Star
1.75%$500$50k5 Year Share CD - Platinum Star
1.60%$95k-5 Year Jumbo CD
1.60%$95k-4 Year Jumbo CD - Platinum Star
1.55%$50k$95k5 Year Mini Jumbo CD
1.55%$50k$95k4 Year Mini Jumbo CD - Platinum Star
1.50%$500$50k5 Year Share CD
1.50%$500$50k23 Month Smart CD - Platinum Star
1.50%$500$50k4 Year Share CD - Platinum Star
1.50%$95k-23 Month Smart Jumbo CD - Platinum Star
1.50%$50k$95k23 Month Smart Mini Jumbo CD - Platinum Star
1.35%$95k-4 Year Jumbo CD
1.35%$95k-3 Year Jumbo CD - Platinum Star
1.30%$50k$95k4 Year Mini Jumbo CD
1.30%$50k$95k3 Year Mini Jumbo CD - Platinum Star
1.25%$500$50k4 Year Share CD
1.25%$500$50k3 Year Share CD - Platinum Star
1.25%$500$50k23 Month Smart CD
1.25%$95k-23 Month Smart Jumbo CD
1.25%$50k$95k23 Month Smart Mini Jumbo CD
1.25%$500$50k18 Month Smart CD - Platinum Star
1.25%$95k-18 Month Smart Jumbo CD - Platinum Star
1.25%$50k$95k18 Month Smart Mini Jumbo CD - Platinum Star
1.10%$95k-3 Year Jumbo CD
1.05%$50k$95k3 Year Mini Jumbo CD
1.00%$500$50k3 Year Share CD
1.00%$95k-2 Year Jumbo CD - Platinum Star
1.00%$500$50k18 Month Smart CD
1.00%$95k-18 Month Smart Jumbo CD
1.00%$50k$95k18 Month Smart Mini Jumbo CD
0.95%$50k$95k2 Year Mini Jumbo CD - Platinum Star
0.90%$500$50k2 Year Share CD - Platinum Star
0.80%$95k-6 Month Jumbo CD - Platinum Star
0.80%$95k-1 Year Jumbo CD - Platinum Star
0.75%$95k-2 Year Jumbo CD
0.75%$50k$95k6 Month Mini Jumbo CD - Platinum Star
0.75%$50k$95k1 Year Mini Jumbo CD - Platinum Star
0.70%$50k$95k2 Year Mini Jumbo CD
0.70%$500$50k6 Month Share CD - Platinum Star
0.70%$500$50k1 Year Share CD - Platinum Star
0.65%$500$50k2 Year Share CD
0.55%$95k-6 Month Jumbo CD
0.55%$95k-1 Year Jumbo CD
0.50%$50k$95k6 Month Mini Jumbo CD
0.50%$50k$95k1 Year Mini Jumbo CD
0.45%$500$50k6 Month Share CD
0.45%$500$50k1 Year Share CD
0.40%$95k-1 Month Jumbo CD
0.40%$95k-2 Month Jumbo CD
0.40%$95k-3 Month Jumbo CD
0.40%$95k-1 Month Jumbo CD - Platinum Star
0.40%$95k-2 Month Jumbo CD - Platinum Star
0.40%$95k-3 Month Jumbo CD - Platinum Star
0.35%$50k$95k1 Month Mini Jumbo CD
0.35%$50k$95k2 Month Mini Jumbo CD
0.35%$50k$95k3 Month Mini Jumbo CD
0.35%$50k$95k1 Month Mini Jumbo CD - Platinum Star
0.35%$50k$95k2 Month Mini Jumbo CD - Platinum Star
0.35%$50k$95k3 Month Mini Jumbo CD - Platinum Star
0.30%$500$50k1 Month Share CD
0.30%$500$50k2 Month Share CD
0.30%$500$50k3 Month Share CD
0.30%$500$50k1 Month Share CD - Platinum Star
0.30%$500$50k2 Month Share CD - Platinum Star
0.30%$500$50k3 Month Share CD - Platinum Star

Brightstar Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.85%$95k-5 Year Jumbo IRA - Platinum Star
1.80%$50k$95k5 Year Mini Jumbo IRA - Platinum Star
1.75%$500$50k5 Year IRA - Platinum Star
1.60%$95k-4 Year Jumbo IRA - Platinum Star
1.60%$95k-5 Year Jumbo IRA
1.55%$50k$95k4 Year Mini Jumbo IRA - Platinum Star
1.55%$50k$95k5 Year Mini Jumbo IRA
1.50%$500$50k23 Month Smart IRA - Platinum Star
1.50%$95k-23 Month Smart Jumbo IRA - Platinum Star
1.50%$50k$95k23 Month Smart Mini Jumbo IRA - Platinum Star
1.50%$500$50k4 Year IRA - Platinum Star
1.50%$500$50k5 Year IRA
1.35%$95k-3 Year Jumbo IRA - Platinum Star
1.35%$95k-4 Year Jumbo IRA
1.30%$50k$95k3 Year Mini Jumbo IRA - Platinum Star
1.30%$50k$95k4 Year Mini Jumbo IRA
1.25%$500$50k23 Month Smart IRA
1.25%$95k-23 Month Smart Jumbo IRA
1.25%$50k$95k23 Month Smart Mini Jumbo IRA
1.25%$500$50k3 Year IRA - Platinum Star
1.25%$500$50k4 Year IRA
1.25%$500$50k18 Month Smart IRA - Platinum Star
1.25%$95k-18 Month Smart Jumbo IRA - Platinum Star
1.25%$50k$95k18 Month Smart Mini Jumbo IRA - Platinum Star
1.10%$95k-3 Year Jumbo IRA
1.05%$50k$95k3 Year Mini Jumbo IRA
1.00%$95k-2 Year Jumbo IRA - Platinum Star
1.00%$500$50k3 Year IRA
1.00%$500$50k18 Month Smart IRA
1.00%$95k-18 Month Smart Jumbo IRA
1.00%$50k$95k18 Month Smart Mini Jumbo IRA
0.95%$50k$95k2 Year Mini Jumbo IRA - Platinum Star
0.90%$500$50k2 Year IRA - Platinum Star
0.80%$95k-6 Month Jumbo IRA - Platinum Star
0.80%$95k-1 Year Jumbo IRA - Platinum Star
0.75%$50k$95k6 Month Mini Jumbo IRA - Platinum Star
0.75%$50k$95k1 Year Mini Jumbo IRA - Platinum Star
0.75%$95k-2 Year Jumbo IRA
0.70%$500$50k6 Month IRA - Platinum Star
0.70%$500$50k1 Year IRA - Platinum Star
0.70%$50k$95k2 Year Mini Jumbo IRA
0.65%$500$50k2 Year IRA
0.55%$95k-6 Month Jumbo IRA
0.55%$95k-1 Year Jumbo IRA
0.50%$50k$95k6 Month Mini Jumbo IRA
0.50%$50k$95k1 Year Mini Jumbo IRA
0.45%$500$50k6 Month IRA
0.45%$500$50k1 Year IRA
0.40%$95k-1 Month Jumbo IRA
0.40%$95k-1 Month Jumbo IRA - Platinum Star
0.40%$95k-2 Month Jumbo IRA
0.40%$95k-2 Month Jumbo IRA - Platinum Star
0.40%$95k-3 Month Jumbo IRA
0.40%$95k-3 Month Jumbo IRA - Platinum Star
0.35%$50k$95k1 Month Mini Jumbo IRA
0.35%$50k$95k1 Month Mini Jumbo IRA - Platinum Star
0.35%$50k$95k2 Month Mini Jumbo IRA
0.35%$50k$95k2 Month Mini Jumbo IRA - Platinum Star
0.35%$50k$95k3 Month Mini Jumbo IRA
0.35%$50k$95k3 Month Mini Jumbo IRA - Platinum Star
0.30%$500$50k1 Month IRA
0.30%$500$50k1 Month IRA - Platinum Star
0.30%$500$50k2 Month IRA
0.30%$500$50k2 Month IRA - Platinum Star
0.30%$500$50k3 Month IRA
0.30%$500$50k3 Month IRA - Platinum Star
Locations


Brightstar Credit Union Locations
Branch Office600 SE 3rd AveFort Lauderdale, FL 33301
Branch Office5901 Del Lago CirSunrise, FL 33313-6341
Branch Office12405 Taft StPembroke Pines, FL 33028
Branch Office2400 Davie RdPlantation, FL 33317
Branch Office3175 N State Road 7Margate, FL 33063
Branch Office4743 Hollywood BlvdHollywood, FL 33021
Branch Office1879 N State Road 7Lauderhill, FL 33313