Randolph-Brooks Federal Credit Union Review

GOBanking Rates Score

Quick take: The Randolph-Brooks Federal Credit Union only operates in four Texas metro areas, but it serves those communities well with a wide range of bank accounts, decent APYs, and modest fees.

  • Costs
  • APY
  • Product scope
  • Account minimums

How did we calculate this?


  • Many free accounts
  • Competitive returns on select accounts
  • Remunerated current account

The inconvenients

  • Limited to four major areas in Texas
  • Weak App Ratings

About Randolph-Brooks Federal Credit Union

Randolph-Brooks Federal Credit Union, or RBFCU, began serving service members and their families, but has since expanded its services to others. The credit union serves four major Texas markets — Austin, Corpus Christi, Dallas-Fort Worth and San Antonio — and has more than 60 branches.

RFCBU offers its members an impressive range of account types, from standard bank accounts to certificates, credit cards, insurance, loans and corporate accounts. GOBankingRates has ranked RBFCU among the Top 100 Banks of 2022.

Current account RBFCU

The Truly Free Checking Account is Randolph-Brooks Federal Credit Union’s main checking account option, although it also offers a checking account for young people. Really Free Checking lives up to its name, charging no monthly maintenance fees and having no minimum balance requirements. The account also comes with a Freedom debit card with free ATM access to the CO-OP network and free RBFCU bill payment.

Really Free Checking is an interest-bearing account that pays an annual percentage return of 0.05%, which is not bad for a checking account.

RBFCU Savings Account

The Randolph-Brooks Federal Credit Union offers a unique Master Savings Account as well as a Youth Savings Account. The main savings account requires a $1 deposit to establish credit union membership, and there are no monthly maintenance fees. Dividends are paid monthly. The APY is very competitive 0.15%.

RBFCU Money Market Accounts

The Randolph-Brooks Federal Credit Union offers two money market accounts: Classic Money Market, which is a basic account; and Choice Money Market, which offers enhanced returns. Both accounts have a minimum balance of $2,500 and do not charge any monthly maintenance fees. Classic Money Market is available for personal and business account holders, while Choice is only available for personal account holders.

The APY for the classic money market account is 0.35% on all balances. For Choice Money Market, the APY is 0.80% on balances from $2,500 to $24,999; 0.50% on balances of $10,000 to $25,000; and 0.35% on balances over $25,000.

RBFCU CD Accounts

The Randolph-Brooks Federal Credit Union offers two types of certificates, which are the cooperative version of CDs: regular certificates and SuperSaver certificates. Terms are six months to seven years for regular certificates and 18 months for SuperSaver certificates. Rates are tiered and there is a $1,000 minimum.

Yields are very strong across the board. Regular certificates pay an APY of 0.30% to 0.95%, with higher balances and longer terms getting the highest rates. SuperSaver certificates pay an APY of 0.40% on all balances.

RBFCU Features


The Randolph-Brooks Federal Credit Union makes it easy to bank without fees because its checking, savings, and money market accounts all have no monthly account maintenance fees. Fees for other items are reasonable, such as the $1 fee for using out-of-network ATMs and the $24 overdraft fee per item.


You might get the sky-high rates at RBFCU that you’ll find in some online banks or high-yield savings accounts, but its APYs are more than enough on all accounts: 0.05% on checking account, 0.15% on the savings account, up to 0.80% on money market accounts and up to 0.95% on certificates.

Product scope

Customers looking for a comprehensive financial institution will likely be satisfied with Randolph-Brooks Federal Credit Union, as it offers all of the accounts most commonly used by banking customers. The main disadvantage is that you only have the choice between a checking account and a savings account. In addition to basic deposit accounts, the credit union also offers IRAs, investment options, and loans.

Account minimums

There is no minimum attached to the free checking account and a $1 opening minimum for the savings account. Certificates have a minimum of $1,000, which isn’t bad. However, the $2,500 minimum for a money market account is quite high.

Editor’s Favorite

The range of RBFCU certificates is quite wide and high-yielding, which can help you reach your savings goals much faster.

RBFCU vs Competitors

The Randolph-Brooks Federal Credit Union has advantages over other credit unions, but some of its competitors also have their strengths.

Randolph-Brooks Federal Credit Union Texas residents who want high CD APYs and a good product line
Federal Naval Credit Union Military and ex-military personnel
USAA Nationwide ATM discounts of up to $15 per month
UFCW Variety of checking accounts

RBFCU vs. Navy Federal Credit Union

Navy Federal Credit Union, which caters to serving and retired military and Department of Defense personnel and their families, takes the lead with its 0.25% APY savings account, but its money market rate of 0.45% cannot exceed RBFCU’s premium APY.


USAA offers nationwide ATM fee rebates of up to $15 per statement cycle compared to the $1 transaction fee that RBFCU charges at out-of-network ATMs. RBFCU has a big advantage over USAA when it comes to account interest rates, especially when it comes to its USAA CDs, which top out at 0.04% APY.


The UFCU offers four types of checking accounts, giving customers more variety than the RBFCU. The credit union’s Teen Checking account pays an APY of up to 1.50%. But RBFCU wins the prize for offering higher APYs on all other accounts.

Final take

Randolph-Brooks Federal Credit Union packs many services and features into a relatively small geographic area. Most accounts can be opened with no monthly maintenance fees, although money market accounts require a high minimum balance. All basic RBFCU bank accounts pay interest, and many credit union APYs are much higher than those offered by national banks.

Randolph-Brooks Federal Credit Union FAQs

Here are the answers to some of the most frequently asked questions about RBFCU.

  • Who can join RBFCU?
    • There are many ways to qualify for membership in the RBFCU, but they all involve having some type of Texas connection. If you volunteer, live, work, worship, or go to school in Texas, you likely qualify. You may also qualify if you have an immediate family member who is already a member of the RBFCU. The best way to find out if you qualify is to contact the credit union.
  • Is the RBFCU insured by the FDIC?
    • As a credit union, RBFCU is insured by the National Credit Union Administration, not the Federal Deposit Insurance Corp. The NCUA offers credit unions the same type of insurance as the FDIC, but up to $250,000 per depositor.
  • Does RBFCU have a mobile deposit?
    • Yes, RBFCU offers mobile deposit through its app.

Vance Cariaga contributed reporting for this article.

Rates are subject to change; unless otherwise specified, prices are updated periodically. All other account information is accurate as of January 14, 2022.

Editorial Note: This content is not provided by Randolph-Brooks Federal Credit Union. Any opinions, analyses, criticisms or recommendations expressed in this article are those of the author alone and have not been reviewed, endorsed or otherwise endorsed by Randolph-Brooks Federal Credit Union.

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About the Author

After earning a BA in English with a major in business from UCLA, John Csiszar worked in the financial services industry as a Registered Representative for 18 years. Along the way, Csiszar earned the Certified Financial Planner and Registered Investment Advisor designations, in addition to being licensed as a life insurance agent, while working for a major Wall Street distribution house. and for his own investment advisory firm. During his tenure as an advisor, Csiszar managed over $100 million in client assets while providing personalized investment plans to hundreds of clients.

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