RBFCU Surpasses $6 Billion in Loans
LIVE OAK, Texas (Feb. 7, 2017) — When it comes to credit, many consumers feel overwhelmed by options or painful loan processes. But at one local credit union, members have billions of reasons backing their decision to borrow.
Randolph-Brooks Federal Credit Union (RBFCU) recently exceeded $6 billion in total loans. The achievement, which comes a little more than a year after the credit union reached $5 billion in loans in 2015, marks a new record for the credit union. RBFCU leaders attribute low rates and a simple application process for its continued success.
“We are always pleased to see our members taking advantage of our low rates,” said Sonya McDonald, chief lending officer for RBFCU. “But even with our record growth, we continue to seek new ways to make our lending processes as straightforward and painless as possible, so we can save our members time and money.”
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 member's economic well-being and quality of life. With assets exceeding $7.5 billion, RBFCU serves nearly 700,000 members from 55 branch locations throughout Texas.