Randolph-Brooks Federal Credit Union has promoted its chief financial officer
The Live Oak, Texas-based credit union said Sekula will replace Christopher O'Connor as chief executive upon his retirement in March.
Sekula has been with the $17.9 billion-asset company — the tenth-largest credit union in the country by assets — since 2000 when he was hired as vice president of the consumer lending department.
He was also a senior vice president for both the consumer lending and business services departments and chief lending officer before being promoted to CFO in 2019.
In a press release Thursday,
"We are very pleased with the development of our executive group at RBFCU, and we see the respect they have from our employees," said Chairman Edward Polansky in the release. "We did not want to disturb the culture of how employees here truly care for other employees and how they care for our members."
O'Connor has worked at RBFCU for more than 34 years, having started at the credit union in 1989 as director for the internal audit department. He became president in 2011 and president/CEO in January 2013.
Two other top-ten credit unions named new CEOs in the past year with
RBFCU serves more than 1 million members with 62 branches throughout Texas. It is the largest credit union in the state.
The company earned $141 million in the first three quarters of 2023, a 4% decrease compared with a year earlier, according to call report data from the National Credit Union Administration.
