GOBankingRates Celebrates RBFCU's Milestone of 100,000th Member in Austin

Jul 18, 2014

GOBankingRates applauds its client Randolph-Brooks Federal Credit Union (RBFCU) for achieving a breakthrough membership milestone, welcoming its 100,000th member in Austin this summer. As a premier personal finance and consumer banking website, GOBankingRates seeks to showcase outstanding growth in the credit union community

"Considering Austin's population of about 800,000 residents, reaching this 100,000 member milestone is a testament to how many residents realize the benefits of credit unions, and that RBFCU is one of the best," said Casey Bond, managing editor of GOBankingRates

Reaching 100,000 members marks a 22 percent increase in membership for RBFCU this year. In addition to the membership breakthrough, the Live Oak-headquartered credit union also boasts these other accomplishments over the last year:

    Austin-area deposits grew 16 percent

    Loan balances increased 23 percent

    eDeposits surpassed $1 billion

    Austin expansion of four new branches

"People have recognized credit unions as an important tool to build and maintain their financial well-being," said Mark Matthews, RBFCU assistant vice president of business development and community relations. "The Austin market knows the value that we provide, which has helped fuel growth for RBFCU in Austin"

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