CU Today: Bank Fund Staff FCU Returns $5M to Members Via Program

CU Today: Bank Fund Staff FCU Returns $5M to Members Via Program November 19, 2019

WASHINGTON–Bank-Fund Staff Federal Credit Union (BFSFCU) has returned more $5 million in cash back to members buying and selling homes through the HomeAdvantage program from Scottsdale, Ariz.-based CU Realty Services.

Bank Fund Staff

 

According to CU Realty, its HomeAdvantage program is a turnkey real estate marketing solution designed to help credit unions attract and engage members interested in buying or selling a home. When members use a HomeAdvantage certified agent to buy or sell a home, they qualify to earn cash back bonuses at closing called Cash Rewards. Other HomeAdvantage features include co-branded property search portals, market research and property valuation tools.

BFSFCU partnered with HomeAdvantage in 2004 and was one of the first credit unions to be named to the Million Dollar Club when the award was established in February 2017. The Million Dollar Club recognizes high-performing credit unions that excel at using the HomeAdvantage program to make homeownership more affordable. Each credit union in the Million Dollar Club has saved members a minimum of $1 million through HomeAdvantage Cash Rewards. Ten credit unions have now been inducted into the Million Dollar Club. To date, only two credit unions have exceeded the $5 million milestone: the first to reach this level was Northwest Federal Credit Union of Herndon, Va.

“For the past 15 years, Bank-Fund Staff Federal Credit Union has dedicated a lot of effort and time to serving its members through HomeAdvantage,” said Tina Powers, COO of CU Realty Services. “We are so pleased that one of our very first Million Dollar Club members has now reached the $5 million level. This achievement speaks to its steadfast commitment to making homeownership more affordable for its members.”

At right, Daniel J. Rogan, general manager-loan originations with Bank-Fund Staff FCU, and Dosia A. Dixon, regional account manager at CU Realty.

VIEW ORIGINAL ARTICLE

CONTACT:

Synergy Group
314.961.9772