SAN ANTONIO – The $1.4 billion Randolph-Brooks FCU here received some national media attention recently on ABC's late-night news program Nightline, anchored by Ted Koppel. Nightline focused on U.S.-Mexico relations and in particular the role of Juan Hernandez, Mexico's Secretary of Migrant Affairs and Advisor to Mexico President Vicente Fox. Among other things, it discussed the effects of Mexican citizens working in the U.S. have on Mexico's economy. Randolph-Brooks was mentioned for its plans to soon offer IRNet, a low-cost international money transfer system. Randolph-Brooks is expected to launch the service this September. IRNet was spearheaded by the World Council of Credit Unions.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.