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CU System
Web-only REALTORS FCU now in business
CHICAGO (5/6/09)--The nation's first Web-only credit union, REALTORS FCU, is now up and running online, and ready for members. The new credit union serves members of the National Association of Realtors (NAR), their families and staff. NAR has 1.2 million registered members nationwide. It also is open to members, employees and families of NAR affiliates, and state and local realtor associations. "We offer a full menu of checking and savings accounts, lines of credit, consumer and mortgage loans," CEO Tom Glatt said in his "welcome" message on the site. The credit union is designed to accommodate NAR members' busy professional and personal schedules, said Glatt. "We know that many of you are independent contractors and work evenings and weekends. We are also aware that for many of you, your car is your office and your cell phone is your business lifeline." In a message to NAR staff, NAR's office of the CEO noted that the credit union is "one of the most important initiatives we have ever undertaken." Accompanying the message was a set of instructions to walk potential members through the account opening process. New members will need to have an existing checkbook handy to fund the opening of the account. The credit union's 24-hour phone center is 866-295-6038. The website is at located at www.REALTORSFCU.ORG. Use the link.
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