Randolph-Brooks doubles down on debit rewards
LIVE OAKS, Texas (10/8/14)--Randolph-Brooks FCU has taken the free checking account a step further. Make that two steps further.
While the $5 billion-asset, Live Oaks, Texas-based credit union has always prided itself on offering no-gimmick free checking, it also offers 10 cents cash back on every debit card purchase.
Between Oct. 1 and Dec. 31, Randolph-Brooks FCU will double that amount, giving members 20 cents on every debit card purchase.
"We've watched other financial institutions put new fees in place, but we know that's not what our members deserve," said Sonya McDonald, Randolph-Brooks FCU executive vice president/chief of staff.
"Instead of upping our fees, we chose to increase rewards," she said. "Since we've experienced record growth this year, we decided to use the extra funds as a thank you to the members who have made this possible."