Officials comb through the banks of the Guadalupe River after a flash flood swept through the area Saturday, July 5, 2025, in Hunt, Texas. (AP Photo/Julio Cortez)
As historic flooding devastated communities across Central Texas, the Live Oak, Texas-based Randolph-Brooks Federal Credit Union (RBFCU) announced Tuesday a $100,000 donation to support recovery efforts and help families rebuild.
“In the wake of these devastating floods that have brought tragedy to our neighbors, friends, families and fellow Texans, RBFCU pledges to be a steadfast partner in the Hill Country’s recovery,” Mark Sekula, RBFCU's president/CEO, said. “Credit unions are about people helping people, and we hope that this is the start to help rebuild lives and restore hope.”
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The credit union will distribute the funds equally, $25,000 each, to Cross Kingdom Church, Kerr County Flood Relief, Texas Search and Rescue, and The Salvation Army. RBFCU employees are also encouraged to donate through the relief organizations' websites.
Meanwhile, the NCUA stated Monday it is closely monitoring conditions statewide and assisting credit unions impacted by the storms. Agency examiners have been in contact with affected credit unions to assess operations and offer support.
Federally insured deposits remain safe, the agency emphasized. The National Credit Union Share Insurance Fund protects individual accounts up to $250,000, with separate coverage for joint accounts and certain retirement accounts.
To support credit unions in emergency situations, the NCUA may:
- Encourage special loan terms for affected members;
- Reschedule examinations;
- Guarantee credit lines;
- Offer liquidity support through the Central Liquidity Facility; and
- Provide Urgent Needs grants for low-income-designated credit unions to restore operations.
The agency also urged credit unions needing help to contact their supervisory examiners and pledged to coordinate with state credit union leagues to ensure that all resources are accessible.
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