JetStream Federal Credit Union, in partnership with CUCollaborate, today announced it has received approval from the National Credit Union Administration (NCUA) to expand its community field of membership to include Broward County, Florida, bringing its eligible membership base to approximately 4.7 million residents across Broward and Miami-Dade Counties.
Founded in 1948, JetStream serves more than 14,000 members across four branches in Florida and Puerto Rico. As a Low-Income Designated (LID) credit union and certified Community Development Financial Institution (CDFI), the credit union is chartered to serve populations historically excluded from mainstream financial services. CUCollaborate, a data and analytics CUSO, guided JetStream through the strategy and application process that led to today’s approval.
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“This approval is a meaningful step forward in our mission,” said Jeanne Kucey, President & CEO of JetStream Federal Credit Union. “South Florida is home to hardworking families that deserve a financial partner built around their interests, not profit margins. CUCollaborate brought both the expertise and the tools to make this expansion possible. Their guidance was invaluable every step of the way.”
“When a credit union is this committed to serving underserved communities, helping them expand their reach is exactly the kind of work we exist to do,” said Sam Brownell, CEO & Founder of CUCollaborate.
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