Dec, 31, 2023 — BRIGHTSTAR CREDIT UNION is a federally insured state chartered credit union headquartered in HOLLYWOOD, FL with 8 branch locations and about $830.73 million in total assets. Opened 78 years ago in 1946, BRIGHTSTAR CREDIT UNION has about 59,850 members and employs 179 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BRIGHTSTAR CREDIT UNION |
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Address: (Main Office) | 3400 N University Dr HOLLYWOOD, FL 33024-2242 |
Phone: | (954) 486-2728 |
Fax: | (985) 809-5196 |
Website: | https://www.bscu.org |
Branches: | 8 branch locations |
Members: | 59,850 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67347 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1946 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $830,730,002 |
CEO/Manager: | Biana Murnane |
Chairperson: | Colin Battle |
ASSETS: | $ Amount |
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Cash & Equivalents | 33,238,169 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 172,636 |
Real Estate Loans | 483,617,781 |
Unsecured Loans | 53,417,240 |
Other Loans | 121,922,223 |
TOTAL LOANS | 659,003,332 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,504,872 |
Land And Building | 40,198,762 |
Other Fixed Assets | 10,210,412 |
NCUSIF Deposit | 6,890,856 |
All Other Assets | 153,188 |
TOTAL ASSETS | 830,730,002 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 28,500,000 |
Accounts Payable & Other Liabilities | 10,309,663 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 175,514,039 |
Regular shares | 287,453,157 |
All Other Shares & Deposits | 262,669,498 |
TOTAL SHARES & DEPOSITS | 725,636,695 |
TOTAL LIABILITIES | 764,446,358 |
Regular Reserve | 0 |
Other Reserves | -6,997,523 |
Undivided Earnings | 73,281,167 |
TOTAL EQUITY | 66,283,644 |
TOTAL LIABILITIES, SHARES, & EQUITY | 830,730,002 |
INCOME & EXPENSE | |
Loan Income | 30,611,285 |
Investment Income | 2,239,925 |
Other Income | 5,779,747 |
Total Employee Compensation & Benefits | 13,515,189 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 14,586,897 |
Non-operating Income & (Expense) | 2,643,210 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,524,585 |
Cost of Funds | 7,342,768 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,284,414 |
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