MIAMI LAKES, Fla.–JetStream Federal Credit Union has been approved by NCUA to expand its community field of membership north into Broward County, Florida, bringing its eligible membership base to approximately 4.7 million residents across Broward and Miami-Dade Counties. The expansion effort was led by CUCollaborate, a data and analytics CUSO that guided JetStream through the strategy and application process that led to the approval.
Founded in 1948, JetStream has approximately 14,000 members across four branches in Florida and Puerto Rico.
It noted that as a Low-Income Designated (LID) credit union and certified Community Development Financial Institution (CDFI), JetStream FCU is chartered to serve populations historically excluded from mainstream financial services.
‘Meaningful Step’
“This approval is a meaningful step forward in our mission,” Jetstream FCU President and CEO Jeanne Kucey said in a statement. “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.”
Added Sam Brownell, CEO and founder of CUCollaborate, “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.”
