NEW YORK (8/8/14)--Newtek Business Services Inc., The Small Business Authority, has signed a referral partnership agreement with Randolph-Brooks FCU.
Newtek Business Services is a CUNA Strategic Services alliance provider.
Randolph-Brooks FCU, with $6 billion in assets, Live Oak, Texas, has chosen Newtek Business Services Inc. to provide merchant processing and payroll products and services.
Sonya McDonald, RBFCU's executive vice president/chief of staff, said. "Our goal as a credit union is to make our members' lives easier and help them save time, save money and earn money. Through our partnership with Newtek, we will offer our members the resources and tools they need to power their small businesses and continue to enrich and stimulate our local economy."
"We believe our merchant processing and payroll products and services coupled with our industry expertise and top-notch customer service will complement RBFCU's existing robust portfolio of member services," said Barry Sloane, Newtek president/CEO and chairman.