Welcome!
I don't understand the negativity associated with Realtors creating their own credit union. It makes sense for us to help each other in this industry. The bankers will never quit trying to get in to competition with our industry so it makes sense to quit sharing our deposits with them. Now that we have taken some serious licks with the abuses that the mortgage backed securities debacle created by a bunch of swindling bankers, it is time that we create a place that we can go to when we need credit to buy cars at 5% loans instead of 9 or 10% that banks are charging. Presently, I have a new car loan with a credit union at 4.9%APR and they approved a loan for my daughter with me co-signing at 5.5% APR. Credit Unions provide a great service without a needless mark-up.