About REALTORS® Federal Credit Union
Recognizing the special financial services needs of REALTORS®, NAR created a virtual credit union specifically for REALTORS®.
In May 2007, National Association of REALTORS® (NAR) CEO Dale Stinton announced the Second Century Initiatives, a host of projects strategically focused on supporting the professional and personal interests of REALTORS®. The initiative included a proposal for the formation of REALTORS® Federal Credit Union, which NAR’s Board of Directors approved enthusiastically. At the 2008 REALTORS® Conference & Expo in Orlando on November 7, NAR announced that REALTORS® had received regulatory approval and a charter for REALTORS® Federal Credit Union. The granting of the charter by the National Credit Union Administration in November 2008 allowed the credit union to commence operations.
While the credit union works in partnership with NAR as a REALTOR
Benefits® Program Partner, it is totally separate from NAR, with its
own board of directors and management team. The credit union (based in
Rockville, MD) is friendly to REALTORS®, not-for-profit, fully
independent legal entity that is wholly-owned by its members. Directed
by an elected volunteer board, REALTORS® FCU offers its members real
partnership built through a unique understanding, common goals, and
innovative solutions. Committed to improving the quality of life for
members and the greater community, REALTORS® FCU is the first
completely virtual credit union and serves one of the credit union
industry’s largest fields of membership. Eligible members include
members of America’s largest trade association, NAR, which represents over one million
members involved in all aspects of the residential and commercial real
estate industries.
Learn more about Membership Benefits