RBFCU Taps Mark Sekula as Its Next Leader

On Thursday, the board of directors for the $17.9 billion Randolph-Brooks Federal Credit Union (RBFCU) announced its President/CEO Christopher O’Connor will retire early next year and Mark Sekula will take over the leadership position.

According to details from the Live Oak, Texas-based RBFCU, Sekula will officially begin his president/CEO duties once O’Connor steps down in mid-March 2024. The credit union’s board members conducted an internal search to fill the leadership position and liked what Sekula has accomplished during his 23 years at RBFCU. Sekula has served as EVP-CFO at RBFCU since January 2019.

“We are very pleased with the development of our executive group at RBFCU, and we see the respect they have from our employees,” RBFCU Board Chair Edward Polansky said. “We did not want to disturb the culture of how employees here truly care for other employees and how they care for our members.

“We are focused on continuing the momentum that Chris generated with his leadership, and we know that Mark will continue to lead RBFCU to even greater heights in the future.”

O’Connor has been with RBFCU for 34 years and was initially hired at the credit union in 1989 as director for the Internal Audit Department. Eventually, he was named president in 2011 and president/CEO in January 2013.

RBFCU, the largest credit union in Texas, crossed a significant growth milestone in November 2021 as its one millionth member joined the credit union. At the time, O’Connor said, “Among the many ways we measure our performance as a credit union, membership is vitally important. If we’re growing in membership, we know we are offering the service and the products that our members desire.”

RBFCU’s current membership number stands at more than 1.1 million, according to the NCUA.

Since O’Connor took over at RBFCU, the credit union has increased its asset size from $5.4 billion to $17.9 billion. The number of employees has also grown from 1,304 in 2013 to nearly 2,400 today, according to NCUA Call Reports.

Originally hired in 2000 as RBFCU’s vice president of the Consumer Lending department, Sekula has held a number of positions at the credit union including vice president for Business Services department. In 2011 he became EVP and eventually became chief lending officer and COO.