Realtors’ National Association Opens Its Own Credit Union

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.

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This article was originally published on the Polley Associates‘ blog
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