REALTORS® Federal Credit Union Announces New CEO

ROCKVILLE, Maryland, August 25, 2010

The REALTORS® Federal Credit Union Board of Directors is pleased to announce that Jane Pannier, Esq. will be the President and Chief Executive Officer of REALTORS® Federal Credit Union. Jane had been serving as Acting CEO following the departure of the previous CEO, Tom Glatt. REALTORS® FCU Chairman Mike Brodie explained, “There was no need to do a large search to fill the position. We knew right away that Jane would be the perfect candidate and has certainly solidified our decision in the past few weeks.” Chief Information Officer, Jesse Boyer, has moved into the Chief Operating Officer role. Tamara Schiavone, Chief Financial Officer, rounds out the senior management team.

Jane said, “I am very excited about the future for REALTORS® FCU. We are growing at a rapid pace and continue to find new ways to better serve our members. I am confident that with the support of an outstanding senior management team and an incredibly hard-working and dedicated staff we will be successful in meeting our strategic goals.” Prior to joining the credit union, Jane was a partner with The Rochdale Group, a credit union consulting firm. Jane also served as Senior Compliance Counsel for the National Association of Federal Credit Unions (NAFCU) and Director of their Regulatory Compliance Department and as CEO for the then-named, UAW Federal Credit Union.

Founded in 2008 by the National Association of REALTORS®, REALTORS® Federal Credit Union is the first ever virtual credit union. .The credit union’s field of membership includes REALTORS® (and immediate family members), NAR Member Boards, Institutes, Societies and Councils, REALTOR®-owned businesses, State & Local Associations, and Local Boards.