The NAR Credit Union?
Author: Jay T. - The EditorPosted on March 24, 2008
Filed Under NAR - General
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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4 Responses to “The NAR Credit Union?”
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its nice to here that the nar credit union is providing us the lots of services like deposit and financial services,loans and other emenities.
Jay — The credit union may well be a tool for doing just that…helping members get health insurance… since that’s something I understand some credit unions can do under federal law. There’s good strategy by NAR here, and significant cost savings on a variety of financial services in store for members. Stay tuned…
The NAR credit union may be helpful for us who are investing properties will get great benefits and for bright future. This credit union providing full range of fairly priced products and services with fewer fees. I am also looking for loan. This post reduced my tension.
Thank you for giving wonderful information.
If an account at the the credit would be a path to health care, i will open one for every member of my family.