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

Leading personal finance website GOBankingRates spotlights Austin's fastest growing credit union, Randolph-Brooks Federal Credit Union, for reaching a member milestone

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GOBankingRates

Jul 17, 2014, 08:15 ET

AUSTIN, Texas, July 17, 2014 /PRNewswire/ -- GOBankingRates applauds its client Randolph-Brooks Federal Credit Union (RBFCU) for achieving a breakthrough membership milestone, welcoming its 100,000^th 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.

CLICK HERE to learn more about RBFCU

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."

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 $6 billion, RBFCU serves more than 450,000 members from more than 45 branch locations throughout Texas.

About GOBankingRates

GOBankingRates.com (www.gobankingrates.com) connects consumers with the best credit unions, banks and interest rates nationwide, aggregating over 11 million rates from more than 6,000 institutions. The premier personal finance website also recognizes leaders and innovation in consumer banking, highlighting institutions for their philanthropy and community outreach.

Contact:

Roxy Barghahn
Media Relations, GOBankingRates
[email protected]
(310) 297-9233 x202

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SOURCE GOBankingRates