Press Releases

RBFCU MORTGAGE LENDING SURPASSES $2 BILLION

LIVE OAK, Texas – With the school year coming to a close, many people are getting ready to put homes on the market or start real estate shopping. While the homebuying/selling process may include a lot of questions, it's apparent that many buyers know exactly where to turn for their lending needs – Randolph-Brooks Federal Credit Union. RBFCU recently surpassed a milestone with its mortgage lending. The credit union's mortgage lending portfolio now exceeds $2 billion.

RBFCU has grown its lending portfolio across several key sectors, including mortgage, auto lending and credit cards. The financial institution attributes its continuing lending success to a strong real estate market, responsible financial practices, competitive low rates and convenient service designed to make the loan process easy for members.

“The Texas housing market has remained strong during the past several years, and RBFCU has been able to grow and expand its mortgage lending portfolio at the same time,” said Victor Williams, senior vice president of mortgage lending at RBFCU. “We strive to make the lending process as simple, easy and convenient as possible for our members, so they can quickly and easily get into the homes they want.”

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 400,000 members from 42 branch locations throughout Texas.