JetStream's Collection Department Recieves CDCFC Certification

Top Quote JetStream Federal Credit Union announces that their entire Collections team has earned the designation of Community Development Certified Financial Counselor. End Quote
  • Miami, FL (1888PressRelease) April 02, 2014 - This designation is certified by the National Cooperative Business Association through its Community Development Initiative. It's an essential tool for organizations serving moderate and low income populations, and an effective way for financial institutions to better serve their members when they face difficult times.

    The certification is part of JetStream's ongoing effort to offer financial guidance and education to the unbanked and underserved members throughout the community.

    With more than 75 percent of its members classified as low income, building a community development program to serve distressed members has been a priority for JetStream Federal Credit Union. The credit union was granted the designation of CDFI (Community Development Financial Institution) in 2012 by the US Treasury department.

    "The skills we have acquired by earning this certification has provided my team with valuable knowledge that we can use every day to help us better understand and advise members who may be facing financial hardships," explains Collections Manager, Maria Morales.

    JetStream Federal Credit Union is a full-service financial cooperative with $157 million in assets, serving over 20,000 members. The 66-year-old credit union has 7 branches located in Miami, Miami Lakes, Doral and Hialeah, Florida and San Juan, Puerto Rico. Membership is open to anyone (and their family members) who lives, works, worships or attends school in sections of Miami-Dade County, Florida, and anyone (and their family members) who lives, works, worships or attends school in Carolina, Trujillo Alto and San Juan, Puerto Rico. All persons (and their family members) who work in any of our select companies and organizations located in Miami-Dade County and the select areas of Puerto Rico may also join. Membership is open to businesses and other legal entities located in Miami-Dade County, Florida and the select areas of Puerto Rico. For additional information, visit our website at

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