Broward schools credit union Review

About Broward schools credit union

Broward Schools Credit Union: A Trusted Financial Partner for Educators

Broward Schools Credit Union, also known as BrightStar Credit Union, is a not-for-profit financial institution that has been serving the educational community in Broward County, Florida since 1946. With over 60 years of experience in providing affordable and convenient financial services to educators and their families, Broward Schools Credit Union has become a trusted partner for those who work in the education sector.

As a credit union, Broward Schools Credit Union is owned by its members and operates under the principle of "people helping people". This means that all profits are returned to members in the form of lower fees, higher savings rates, and better loan rates. Unlike banks that are focused on making profits for shareholders, credit unions like Broward Schools Credit Union exist solely to serve their members' financial needs.

One of the key benefits of being a member of Broward Schools Credit Union is access to low-cost checking and savings accounts. Members can enjoy free checking with no monthly maintenance fees or minimum balance requirements. They can also earn higher interest rates on their savings compared to traditional banks. Additionally, members have access to online banking services that allow them to manage their accounts from anywhere at any time.

Broward Schools Credit Union also offers a wide range of loan products designed specifically for educators. Whether you need funds for home improvements or want to consolidate high-interest debt into one low-rate loan payment, they have options available at competitive rates. Members can apply online or visit one of their branches located throughout Broward County.

For those who prefer using credit cards as part of their daily spending habits or travel plans; BrightStar offers Visa® Platinum Rewards Card which comes with no annual fee plus rewards points earned on every purchase made with it! The cardholders can redeem these points towards merchandise items such as electronics gadgets or gift cards from popular retailers like Amazon.com®, Best Buy®, and Target®.

Broward Schools Credit Union also offers a variety of mortgage options to help members achieve their dream of homeownership. Whether you're a first-time homebuyer or looking to refinance your existing mortgage, they have programs available with competitive rates and flexible terms. Members can also take advantage of their HomeAdvantage program, which provides access to real estate agents and resources to help make the home buying process easier.

In addition to these financial products and services, Broward Schools Credit Union is committed to giving back to the community it serves. They offer scholarships for students pursuing higher education in fields related to education, as well as grants for teachers who need funding for classroom projects or professional development opportunities.

Overall, Broward Schools Credit Union is an excellent choice for educators who want a financial institution that understands their unique needs and offers affordable solutions. With its focus on member service and commitment to the community, it's no wonder why so many educators in Broward County choose BrightStar Credit Union as their trusted financial partner.