Bank-Fund Staff Federal Credit Union Reaches $5 Million Mark with HomeAdvantage Cash Rewards Program
BFSFCU has given back $5 million to members that use a HomeAdvantage agent to buy or sell a home
SCOTTSDALE, AZ, November 12, 2019—With a mission to help its members save money during the home real estate transaction process, Washington, D.C.-based Bank-Fund Staff Federal Credit Union (BFSFCU) has returned over $5 million in cash back to members buying and selling homes through the HomeAdvantage® program from CU Realty Services.
CU Realty’s 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, Virginia.
“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,” says 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.”
About Bank-Fund Staff Federal Credit Union
Headquartered in Washington, D.C., Bank-Fund Staff Federal Credit Union (BFSFCU) is a full-service financial cooperative that was organized and chartered in 1947 as a convenient place for employees of the World Bank Group and International Monetary Fund and their families to save and to obtain credit. With over $4.67 billion in assets, BFSFCU currently serves more than 87,000 members nationwide. For more information, visit https://www.bfsfcu.org/.
About CU Realty Services, LLC
CU Realty Services provides real estate services to credit unions across the nation, helping them increase their purchase mortgage business. Launched in 2001, the CUSO has worked with more than 100 credit unions and mortgage CUSOs in 25 states to offer its turnkey real estate marketing platform, HomeAdvantage. Through the program, credit union members can search for homes, research neighborhoods, calculate costs of homeownership, connect to experienced real estate agents, and earn HomeAdvantage Cash Rewards. By offering this program to members, credit unions are able to attract, identify and engage more home buyers, and consequently close more loans. To learn more, please visit www.curealty.com.