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 13, 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 HomeAdvantage
HomeAdvantage provides real estate services that help lenders build their purchase mortgage business while saving borrowers money in the form of HomeAdvantage Cash Rewards when they close on a home. The company’s end-to-end real estate program is currently used by more than 100 credit unions and lending partners across the country. Borrowers can use the program to search for homes, research neighborhoods and property values, connect with one of over 1,300 real estate agents in the 48-state network and save money when they close on a home. Visit www.homeadvantage.com to learn more.
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/.
