Skip to Main Content

Randolph-Brooks Federal Credit Union Review 2022

Updated December 2, 2022
Bankrate logo

The Bankrate promise

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .

At a glance

4.4
Rating: 4.4 stars out of 5
Bankrate Score
Caret Down

CDs

Rating: 4.2 stars out of 5

Checking

Rating: 4.8 stars out of 5

Savings

Rating: 3.3 stars out of 5

MMA

Rating: 4.8 stars out of 5

About Bankrate Score

Hover for more

Overview

RBFCU could be an ideal choice for Texans looking for a full-service credit union with several options for savers and a relatively fee-free checking account. The credit union offers many ways to become a member.

Highlights

  • Free Checking
  • No Monthly Fees
Compare offers
Bank logo
Member FDIC
Savings Account
3.00
%
APY
Rating: 4.4 stars out of 5
$0
Min. balance for APY
View offer Arrow Right
Bank logo
Member FDIC
Savings Account
2.00
%
APY
Rating: 4.4 stars out of 5
$0
Min. balance for APY
View offer Arrow Right

Overall

Randolph-Brooks Federal Credit Union is one of America’s best credit unions and one of the largest in the state of Texas.

Pros

  • Checkmark

    The credit union offers a range of CD terms from six months to seven years.

  • Checkmark

    The Choice account gives savers the opportunity to earn a very high yield on a portion of their balance.

  • Checkmark

    Members have access to nearly 30,000 ATMs within the CO-OP network.

  • Checkmark

    Digital wallet access, early direct deposit, free bill pay and account alerts are available.

Cons

  • The credit union doesn’t offer any specialty certificates.

  • There’s no check writing available with the credit union’s money market accounts.

  • Zelle is not available.

Randolph-Brooks Federal Credit Union bank products

3.3
Rating: 3.3 stars out of 5
Bankrate Score

Randolph-Brooks Federal Credit Union savings overview

Just $1 is needed to open and maintain a regular savings account and membership with RBFCU. No monthly service fee is charged.

The account is a low-cost savings option, and it pays a decent APY. Consumers searching for the most competitive savings APYs will want to shop around, however.

Only six online or phone transfers per month are permitted. But after the sixth transfer of the month, additional transfers can be made at a Randolph-Brooks Federal Credit Union branch.

Pros

  • Checkmark

    The account only requires $1 to open.

  • Checkmark

    There are no monthly service fees.

Cons

  • The account pays more than the national average, but better rates can be found.

Compare Offer
Bank logo
Member FDIC
Savings Account
3.00
%
APY
Rating: 4.4 stars out of 5
InfoHover for more
$0
Min balance for APY

Bank experience

Randolph-Brooks Federal Credit Union has 60 branch locations, all in Texas. A photo ID must be presented before completing any transactions. There’s surcharge-free access to all ATMs (nearly 30,000) within the CO-OP network. The credit union offers several options for becoming a member.

Members hoping to get in touch with the bank can call and contact a member service representative or send an email. Different phone numbers are listed on the website depending on the product or service you need assistance with.

While there’s no access to person-to-person payment platforms like Zelle, RBFCU members with cards can use mobile wallets, including Apple Pay, Samsung Pay, Fitbit Pay and Garmin Pay. There’s free online and mobile bill pay, remote check deposit, and email and text alerts. A mobile app is available as well for Android and iPhone users.

Financial resources for members include free and inexpensive online seminars and free classes offered by the credit union’s financial education team. There are also many calculators available for members who need loans or help budgeting and figuring out how much to save for retirement and college.

About Randolph-Brooks Federal Credit Union

Randolph-Brooks Federal Credit Union was founded in 1952. What began as a financial institution for members of the military and their families is now one of the largest credit unions in Texas.

RBFCU today provides services to more than 1 million members. Membership in the credit union is open to others outside the military, depending where they live, work, worship, attend school or other affiliation. Having an immediate family member who’s a member of the credit union is another way to qualify for membership.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.