Credit Union News

JUNKIN HONORED WITH 2009 CFO AWARD

LIVE OAK, Texas — Jimmy Junkin, Randolph-Brooks Federal Credit Union's SVP Finance and CFO, was recently honored with a Lifetime Achievement CFO award from the San Antonio Business Journal.

In addition to managing RBFCU's accounting, financial reporting and analysis, Junkin has also worked to diversify credit union offerings by providing insurance, investments, real estate brokerage and annuities. In addition, Junkin implemented the Kaizen process at RBFCU to review and improve business processes for greater efficiency. To date, the process improvement system has saved the credit union more than $1.2 million.

"[Junkin] is a visionary who adds value by providing critical business analysis to the credit union and is an integral part of our financial future," said Randy Smith, RBFCU president and CEO. "He provides an eye for detail and has an absolute command of our financial situation."

Junkin began his career with RBFCU in 1993. At that time, the credit union held about $650 million in assets; currently, RBFCU's assets total more than $3.3 billion.

Prior to joining RBFCU, Junkin was employed with Ernst & Young of San Antonio and with Peat Marwick and Mitchell of Memphis, Tenn. His educational background includes a Bachelor's Degree in Accounting from Delta State University; a master's in Professional Accountancy from UTSA; CPA licensing in Mississippi and Texas; and a three-year law correspondence course from LaSalle Extension University.

About Randolph-Brooks Federal Credit Union

Established in 1952, Randolph-Brooks Federal Credit Union is a full-service financial institution whose mission is to improve members' economic well-being and quality of life. With assets exceeding $3.3 billion, Randolph-Brooks serves more than 300,000 members from 31 branch locations throughout South Central Texas.