International Brand Enters Real Estate Marketplace

OCEAN CITY – A major change within the local real estate industry has taken place, as the internationally recognized Berkshire Hathaway HomeServices is now operating in the marketplace.

Berkshire Hathaway HomeServices (BHHS) PenFed Realty Team Leader/Sales Manager Jay Wise explained in 2011 Prudential Carruthers Realtors was sold to Pentagon Federal (PenFed) Credit Union, which is the third largest credit union in the country based in Alexandria, Va.

PenFed Credit Union is one of the strongest and safest financial institutions with more than $19 billion in assets, serving 1.3 million members with a longstanding mission to provide superior financial services.

PenFed Credit Union is comprised of member-owners and is headed by a volunteer Board of Directors. Each director attends training and provides focus on areas of importance to the credit union. Board members meet monthly to discuss recommendations from management and implement changes to policy.

More