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South Texas Living

Randolph Brooks FCU gets ‘excellent’ rating from Weiss

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July 17, 2013 | 2,730 views | Post a comment

LIVE OAK -- When it comes to finances, consumers are looking for options that ensure their money is safe and sound. And, once again, independent analysts have highlighted the fact that Randolph-Brooks Federal Credit Union (RBFCU) can be trusted as a secure financial option.

RBFCU was among only 30 credit unions nationwide, and only six in the state of Texas, to receive an A+ rating from Weiss Ratings, an independent analyst that rates more than 19,000 banks, credit unions, and insurers annually.

Weiss Ratings uses rigorous financial analysis and criteria to select institutions it deems among the financial elite. According to their rating program, a “Weiss Recommended” credit union offers outstanding financial stability for its members, vendors, and employees.

“Receiving this recognition on a regular basis is another testament of our credit union’s consistent commitment to serving members,” said Christopher W. O’Connor, president/CEO of RBFCU. “We strive to make responsible fiscal decisions and focus our efforts on improving the quality of life for members. This approach continues to pay dividends through the esteem of these financial analysts -- and, most importantly, of our members.”

RBFCU has consistently received high marks from Weiss, earning their A+ designation for the past three years, since the ratings program’s inception. In addition, RBFCU has other independent rating companies, including Bauer Financial Inc., which has ranked RBFCU as “superior” for 91 consecutive quarters (dating back to 1990). IDC Financial Publishing, another independent analyst, ranks RBFCU as the top Texas credit union with more than $2 billion in assets and third in the nation.

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