The NAR Credit Union?
From this article on Realtor.org, comes this:
In a controlled and phased manner, the REALTORS® Federal Credit Union plans to offer a full range of fairly priced products and services, with fewer fees, including:
Deposit and Financial Services
- Personal & business checking
- Overdraft protection
- Direct deposit
- Money market accounts
- Health savings accounts
- Certificates of deposit Individual retirement accounts (IRAs)
Loans
- Personal unsecured
- Commission advance
- Open lines of credit
- New & used vehicle loans/leases
- New REALTOR® start-up (up to $50,000)
- Home equity loans
- First mortgage (to members only)
- Business & investment property loans
Other Amenities
- Business payroll
- REALTOR®-branded debit cards with rewards program
- Nationwide, surcharge-free ATM network
- Links to NAR products and REALTOR Benefits® publications
Brochure here (that I don’t think I ever received).
I dunno. Seems like most Realtors out there already have a bank account. Maybe the focus could be on something a significant portion of Realtors don’t have. Say….. health care?
Hat tip to Roy McKenzie at PMZ Buzz.
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