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LIVE OAK, Texas – When it comes to credit, many consumers may feel discouraged, wondering whether they can secure a loan or whether a financial institution will consider their application to buy the home or car they need. However, at one local credit union, members have billions of reasons backing their decision to borrow.

Randolph-Brooks Federal Credit Union has exceeded $3 billion in total lending for the first time in the credit union's 60-year history. RBFCU has experienced unprecedented success in all facets of lending, including mortgage loans, auto loans, small business loans and credit cards. The credit union has seen marked growth in all loan categories, due in great part to the low rates being offered.

"A low-rate environment can be very positive for consumers, as they have the opportunity to make needed purchases without unduly stretching their finances," said Mark Sekula, executive vice president and chief lending officer for RBFCU. "We're providing affordable solutions for our members, putting them into vehicles and homes they can afford. At the same time, their choice to take advantage of borrowing opportunities helps stimulate our South Central Texas economy."

RBFCU led the market in lowering auto loan rates in 2009, and continues to be among the most competitive lenders in the region. Current auto loan rates are as low as 1.9% APR when members apply online. "As a credit union, any money we make is returned to members in the form of free services and lower rates," Sekula said. "Because members trust their money to us, we're able to provide low-cost loans that help them improve their lives."

About Randolph-Brooks Federal Credit Union

Established in 1952, Randolph-Brooks Federal Credit Union is a full-service financial cooperative whose mission is to improve members' economic well-being and quality of life. With assets exceeding $4.9 billion, RBFCU serves more than 385,000 members from 40 branch locations throughout Texas.