DALLAS, Oct. 14, 2014 – GOBankingRates client RBFCU, Texas’ second-largest credit union, has expanded into the Dallas area with the opening of three new branch locations serving Frisco, Plano and Allen, Texas. This expansion is the latest development in five years of steady growth for the credit union, during which it increased its membership by 60 percent to more than 475,000 and grew its assets by 75 percent.
These new branches are the first of several ongoing expansions in the Dallas-Fort Worth area.
“We’re excited to be able to bring RBFCU to the Dallas area,” said Christopher W. O’Connor, president and CEO of RBFCU. “We’ve built a strong network of branches in South Central Texas, and we believe RBFCU offers competitive products and services that will provide exceptional value to the Collin County community.”
Members can enjoy the following services at RBFCU branches:
- A truly free checking account with no monthly service fees or minimum balance requirements, and cash back on all debit card purchases
- A host of superior deposit and loan products
- Free online and mobile banking services
The addition of the new Dallas branches pairs perfectly with the credit union’s latest offering to its members – 20 cents cash back on every RBFCU debit card purchase.
“As we build relationships in this new market, we wanted to give everyone a clear example of the RBFCU difference,” said Sonya McDonald, executive vice president/chief of staff for RBFCU. “We normally give members 10 cents cash back on each debit card purchase, but increasing that for the remainder of 2014 is a great way to enhance the value that members already enjoy from RBFCU’s free cash back checking.”
“RBFCU’s growth has been impressive – but not surprising,” said Casey Bond, GOBankingRates’ managing editor. “After all, its goal has remained the same throughout: To offer its members the best products, rates and services in the area.”
Established in 1952, Randolph-Brooks Federal Credit Union is a full-service financial cooperative with a mission to improve members’ economic well-being and quality of life. With assets exceeding $6 billion, RBFCU serves more than 475,000 members from more than 50 branch locations throughout Texas.
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Media Relations, GOBankingRates