Fryzel Meets With Realtors FCU Principals
December 22, 2008, Alexandria, Va. – Chairman Michael E. Fryzel welcomed representatives from the newly-formed Realtors Federal Credit Union to NCUA headquarters in Alexandria, VA last week.
Realtors Federal Credit Union (Realtors FCU), based in Rockville, Maryland received their charter last month and is expected to open mid-year 2009. The credit union will be the first internet-based credit union to serve the members of a single nationwide association without branch offices. Realtors FCU will serve members and employees of the National Association of Realtors - America’s largest trade association, representing 1.2 million members.
“I look forward to the continuing progress that Realtors FCU will make as it finalizes plans to open its doors in 2009. This credit union, like many others across the nation, is developing new and exciting ways to reach their members, and I am encouraged by their innovation,” noted Chairman Fryzel.
Pictured from Left to Right: Consultant W. Robert Hall, Chairman Fryzel, Realtors FCU CEO Thomas Glatt and Realtors FCU Board Chairman Michael Brodie
The National Credit Union Administration is the independent federal agency that regulates, charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 88.5 million account holders in all federal credit unions and the majority of state-chartered credit unions.
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