Press Releases

RANDOLPH-BROOKS FEDERAL CREDIT UNION CEO TO STEP DOWN

LIVE OAK, Texas — The Randolph-Brooks Federal Credit Union Board of Directors has announced Randy M. Smith will step down from his position as Chief Executive Officer, effective Dec. 31, 2012. He will be succeeded as CEO by the credit union's current President, Christopher W. O'Connor.

Smith has served more than 30 years in the credit union industry, beginning his tenure at RBFCU as the vice president of finance in 1982. Prior to joining RBFCU, his career included work in public accounting and 27 years of service with the United States Air Force (active duty and reserve). When Smith assumed the role of President/CEO in 1987, the credit union maintained approximately $290 million in assets and offered a service network of five branches, all located in the greater San Antonio area. Today, the credit union serves more than 410,000 members with more than $5 billion in assets. RBFCU's branch network now includes more than 40 locations throughout the South Central Texas area, including multiple branches in the San Antonio and Austin metropolitan areas.

“Randy Smith has worked tirelessly on behalf of the Credit Union Movement, and has made a true impact on credit unions across the nation, as well as on thousands of people here in our communities,” said Dr. Harry M. Edwards, RBFCU Chairman of the Board. “Under his leadership, RBFCU has given millions of dollars back to members and communities, making people's lives better and making South Central Texas stronger and more prosperous.”

In addition to his work on behalf of RBFCU, Smith has served as an advisor to the Federal Reserve Board on the Thrift Institutions Advisory Council and the Community Depository Institutions Advisory Council. He also serves on the board of several local organizations, including the United Way of San Antonio and Bexar County, the Alamo Colleges Foundation, and the 100 Club of Comal County. He is an honorary commander at Lackland Air Force Base and serves as the Greater San Antonio Chamber of Commerce's liaison to the Deputy to the Commanding General, US Army Medical Department Center and School at Fort Sam Houston.

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 $5 billion, RBFCU serves more than 410,000 members from more than 40 branch locations in Texas.