Pennsylvania CUs Form Real Estate Brokerage CUSO

A dozen Pennsylvania credit unions have formed a consortium with the Pennsylvania Credit Union Association to create a real estate brokerage service. CU Realty provides a Web-based Multiple Listing Service (MLS) search tool. Members will receive a rebate for using a CU Realty Pennsylvania-certified Realtor, according to the PCUA. Participating CUs include American Heritage FCU, Philadelphia; Diamond Credit Union, Pottstown; Franklin Mint FCU, Broomall; Freedom Credit Union, Philadelphia; K of C FCU, Philadelphia; People First FCU, Allentown; Philadelphia FCU; Reliance FCU, King of Prussia; SB1 FCU, Philadelphia; SE Family FCU, Philadelphia; Service 1st FCU, Danville; and Sun East FCU, Aston. The CUSO will obtain brokerage licenses for Pennsylvania, New Jersey, and Delaware.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER