South Florida Educational Federal Credit Union
South Florida Educational Federal Credit Union is a Florida intrastate credit union headquartered in and servicing the Miami area. The bank currently has five branches throughout Miami-Dade County serving over 57,000 members, and a new branch opening in the near future. Assets total over $671 million.
Corporate history
The bank was originally founded as Dade County Florida Teachers Federal Credit Union, NCUA charter number 176, in 1935. Originally, membership was restricted to employees and family members of the then Dade County Public School System. The name 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, even having a public elementary school named after him. After 54 years, in 2004, Sibley retired and gave way to then Vice-President William Page, who himself was in that capacity since 1974. To this day, the credit union's annual scholarship program for Miami-Dade Public School students is named in Sibley's honor.
Branch Locations
Main Branch & Headquarters
7800 SW 117th Ave
Miami FL 33183
1498 NE 2nd Ave
Miami FL 33132
5890 NW 158th St
Miami Lakes FL 33014
16460 SW 304th St
Homestead FL 33033
18975 NW 2nd Ave
Miami Gardens FL 33169
Future Branches
17500 S. Dixie Highway
Miami FL 33157
Board Members
All seven board members are credit union members and are unpaid volunteers. Each board member serves a three year term.