South Florida Educational Federal Credit Union

South Florida Educational Federal Credit Union
Private
Industry Banking
Financial services
Investment services
Founded Dade County Florida Teachers Federal Credit Union (1935)
Headquarters Miami, Florida, USA
Area served
 Local, Online
Key people
 Michael DiBenedetto
(Chairman and CEO)
Products Consumer Banking
Investment Banking
Investment Management
Loans
Mortgages
Credit Cards
Notary Services
Safe Deposit Boxes
Number of employees
 approx. 100 (July 2009)
Website www.sfefcu.org

South Florida Educational Federal Credit Union is a Florida intrastate credit union headquartered in and serving the Miami area. The credit union has seven branches throughout Miami-Dade County serving over 74,900 members. Assets total over $1 billion.[1]

Corporate history

The financial cooperative was founded as Dade County School Employees Federal Credit Union, National Credit Union Administration charter number 176, in 1935. Originally, membership was restricted to employees and family members of the then Dade County Public School System. The name was changed to Dade County School Employees Federal Credit Union to reflect the acceptance of Miami-Dade College employees as members in 1972. In 2000, Miami-Dade County Public Schools and Miami-Dade College students became eligible for membership, and the credit union again changed its name to reflect this.

Hubert O. Sibley had been the President and CEO of the credit union since 1950 A public elementary school has been named after him. After 54 years, in 2004, Sibley retired and was succeeded by William Page, who had been vice-president since 1974. In January 2013, Michael DiBenedetto was named the new President of South Florida Educational FCU, following the retirement of William C. Page. Previously DiBenedetto was the Executive Vice President of Administration at First Light Federal Credit Union, in El Paso, Texas.

The credit union's annual scholarship program for Miami-Dade Public School students is named in Sibley's honor.[2]

Branch locations

Main Branch & Headquarters
7800 SW 117th Ave
Miami, FL 33183

Downtown Branch
1498 NE 2nd Ave
Miami, FL 33132

Miami Lakes Branch
5890 NW 158th St
Miami Lakes, FL 33014

Homestead Branch
16460 SW 304th St
Homestead, FL 33033

Miami Gardens Branch
18975 NW 2nd Ave
Miami Gardens, FL 33169

27th Avenue Branch
2310 SW 27 Ave
Miami, FL 33145

Palmetto Bay Branch
17500 S. Dixie Highway
Miami FL 33157[3]

Board members

The seven board members are credit union members and are unpaid volunteers. Each board member serves a three year term.[2]

Notes

  1. ↑ "Credit Union Details". mapping.ncua.gov. Retrieved 2016-09-15.
  2. 1 2 https://www.sfefcu.org/aboutus/whoissfefcu.html SFEFCU - Who is SFEFCU?
  3. ↑ https://www.sfefcu.org/aboutus/branches.html SFEFCU - Branches
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