WASHINGTON DC – One of the biggest drawbacks in years past of being an independently contracted real estate agent was a perceived lack of perks that sometime accompany other jobs. The National Assocition of Realtors® (NAR®) has been building its membership benefits package to overcome that hurdle, and last week (May 13, 2009; Wednesday) officially launched its own federal credit union.
NAR® said the credit union was specifically intended to meet the “unique financial and cash-flow requirements” of real estate professionals. It offers money market savings accounts, no-fee eChecking with debit cards, personal loans and credit lines, real estate loans and credit lines, share certificates, 24-hour online account access, and 24-hour support by phone or online.
Eligible to join the credit union are NAR member-Realtors® and their families, NAR staff members and the staffs of state and local Realtor® associations and boards and their families. For more information, visit the credit union’s Web site.
The overall benefits program includes a wide variety of services and merchandise, either from vendors with whom NAR has formed partnerships, or who are willing to offer better deals to NAR members.
Check these articles for more information:
- Realtors Federal Credit Union Hires Thomas A. Glatt as First CEO (RIS Media)
- Learn About the New REALTORS® Federal Credit Union (NAR)
- Credit Union for Members Gets Go-Ahead (NAR)
This article was originally published on the Polley Associates‘ blog
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