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LIVE OAK, Texas — Local credit union members have a little extra money in their pockets for holiday shopping, thanks to credit card rewards from Randolph-Brooks Federal Credit Union. The credit union recently returned more than $2.9 million in cash to its members.

Members earned cash back each time they used their Gold Cash Back MasterCard credit cards. Since the card was introduced in 1994, RBFCU has given more than $30 million back to members in cash back rebates on the cash back MasterCard credit cards alone. “Our goal as a financial institution is help our members save time, save money and earn money,” said Sonya McDonald, senior vice president of planning and market development for RBFCU. “With our card programs, we save our members money on high interest rate payments, and we allow them to earn cash back on each purchase, which they can lend use to stimulate the local economy.”

With the holiday season right around the corner, members can certainly enjoy the benefits of their cash back rewards. According to member Cecelia McNeeley, the card program is just one of the many things that makes RBFCU her chosen financial institution. “The fact that they give us back a lot of the money we spend on our card is quite an incentive,” McNeeley said. “I don't know of many other banks or credit unions that might do this.”

The MasterCard credit card rewards are just one facet of RBFCU's member giveback offerings. In February, the credit union rewarded its members with $6.6 million in cash back for using its debit card offerings. Since the debit card program was launched in 2007, members have received more than $22 million in rewards, in addition to those disbursed through the MasterCard program.

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.