70 Years, 70,000 Lucky Winners: RBFCU Celebrates Anniversary
RBFCU’s sweepstakes gives away $7 million to members.
Randolph-Brooks Federal Credit Union in Live Oak, Texas, just northeast of downtown San Antonio, began 70 years ago with nine members and $45 in deposits. RBFCU has since grown to become the largest credit union in Texas with $14.6 billion in assets and recently crossed the million-member threshold with 1,000,715 members.
To honor its seven-decade existence, RBFCU created a special sweepstakes for members by giving away $100 to 70,000 members as a way “to celebrate credit union membership and loyalty.”
“We believe the best way to say ‘thank you’ is to share our success with our members,” RBFCU President/CEO Christopher O’Connor said. “RBFCU is fortunate to have members who are engaged, and this program is designed to reward them for that engagement. Loyalty spells success for everyone and allows us to continue to provide products and services that improve the economic well-being and quality of life for our members.”
According to RBFCU, members automatically receive one entry into the sweepstakes for each of the qualifying products and services, which include:
- Active Consumer Checking Account with Freedom Debit Card;
- Consumer RBFCU Credit Cards;
- Consumer loans (excluding business commercial loans, business vehicle loans and fleet loans);
- Mortgage loans;
- Paperless statements; or
- an RBFCU membership.
RBFCU said in a statement that it has spread out the sweepstakes in three different payouts in October, November and December. The credit union also stated that it is giving $100 each to its 100 longest tenured members.
“Every day, we see members who trust us with life milestones, whether it’s financing the first car for a child, helping them become a first-time homebuyer or simply keeping their accounts with us during a deployment or with a new job,” O’Connor said. “We hope this Member Giveback Sweepstakes reflects our appreciation.”