I recently read where NAR has established a new Federal Credit Union for Realtors. Has anyone looked into this yet? What are the benefits for Realtors? I was involved in establishing a credit union once years ago when CU's were brand new. It seemed like a good idea. I am wondering though how this "virtual" credit union will benefit Realtors. Will this be similar to the on-line banks that exist now where you can transfer money? What are the terms for loans and such? Will this CU take in to account the "sporadic" pay schedule of Realtors?
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