NAR moves on Realtor credit union plans

The National Association of Realtors has submitted its application for a Web-based credit union that could deliver a range of financial services to members, including mortgage, auto and business start-up loans, Realtor-branded debit cards, personal and business checking and savings accounts, and money market accounts, among other offerings.

This proposed credit union, which has a working title as the Realtors Federal Credit Union, would be open to the estimated 1.2 million members of the association, Realtor-affiliated staff members and their families.

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