Holiday Closing: BFSFCU will be closed on Monday, January 21, 2019, in observance of Martin Luther King Jr. Day.

Supplemental Dividend

Dear Valued BFSFCU Member,

In appreciation of your continued loyalty and support of your Credit Union, and as a means of tangibly sharing with our member-owners the successes of 2018, your Board of Directors has approved a supplemental dividend of $12,500,000. We are proud to be able to distribute an annual supplemental dividend for the 24th time and to again provide this benefit to our members.

BFSFCU’s ability to prosper year over year is only made possible by the ongoing patronage and loyalty of our members. When our members use the Credit Union for their savings and borrowing needs, we are able to return more value to both borrowers and savers through lower rates on loans and higher dividends on deposits, including the supplemental dividend. When you make the Credit Union your first choice for a car loan, a credit card, a mortgage, an education loan, or a consumer loan, it enables us to provide you even greater value through better rates and more rewards!

2018 was a busy year at BFSFCU as we continued to focus on improving your experience and earning your loyalty through the following achievements:

  • Continued to provide excellent loan rates across a wide variety of products
  • Raised base deposit rates on many share accounts and share certificates
  • Maintained our mortgage loan processing times at industry-leading levels
  • Improved our consumer loan application process by deploying a new system with greater real-time approvals and digital documents
  • Improved our in-branch new membership opening experience through new technology
  • Launched new payment options and improved exchange rates on international payments
  • Introduced the new BOLD Visa Platinum Credit Card with one of the lowest rates in the marketplace 

Our strong and continued commitment to our core values of service, trust, loyalty, and integrity is essential to the relationship we share with our members. As we look forward to 2019, our 72nd year, the Board of Directors, Management, and our Staff remain committed to delivering the outstanding products and services and the exceptional personal service that you deserve from your Credit Union.

We thank you for the privilege of serving you and your families’ financial needs.

Best wishes for a healthy and prosperous New Year!


Kerry Mack
President, Board of Directors
Eli Vazquez
Managing Director and Chief Executive Officer


Questions and Answers

Distribution and Deposit

Each qualifying member will receive:

  1. $10.00 and
  2. an amount equal to the total of the average daily balances maintained during 2018 in your Share and Share Certificate accounts, multiplied by a distribution factor of 0.284%.

The dividend will be deposited to each individual account based on the average balance maintained in that account during 2018. Dividends earned on Share and Share Certificate accounts that have since been closed will be deposited in an open account with the same ownership. Please review your monthly account statement or your account history within Online Banking to see the dividend amounts deposited.


Members qualifying for the supplemental dividend must be active members with share and loan accounts, in good standing during 2018, and at the time of dividend posting on January 18, 2019.

Eligible members must not have:

  1. Caused a financial loss to the Credit Union;
  2. Loan accounts that were delinquent 45 days or more as of dividend posting;
  3. Share accounts that were overdrawn 45 days or more as of dividend posting.