RBFCU Commits $125,000 to McCoy College’s Center for Banking and Financial Services
January 27, 2025

By Valerie Figueroa
Communications Specialist
McCoy College of Business
SAN MARCOS, Texas — Randolph-Brooks Federal Credit Union (RBFCU) is partnering with the Center for Banking and Financial Services at the McCoy College of Business, donating $125,000 over five years to the Texas State University program.
The generous contribution represents the organization’s collaborative efforts with the college and supports the banking center’s mission to bridge the gap between academic learning and evolving industry demands.
“The contribution from RBFCU signals a strong commitment to the success of our students in the Center for Banking and Financial Services as they prepare for careers across the banking sector,” said Dr. Sanjay Ramchander, Dean of the McCoy College of Business.
Mark Sekula, RBFCU's president and CEO and one of the center’s newest advisory council members, said the contribution reflects the credit union’s longstanding service to San Marcos and education throughout the region.
“It starts with RBFCU’s core values, that ‘we do the right thing’ and we strive to improve the communities we serve,” Sekula said. “Texas State University and the surrounding San Marcos community is in the heart of the RBFCU service territory. The success of Texas State University contributes to RBFCU’s membership, talented employees, and leaders.”
The advisory council includes 15 distinguished members representing various financial institutions and community partners. Notably, 10 council members are Texas State alumni, including council chair Jason Qualls of Frost Bank.
James “Jimmy” Allen, director of Texas State Center for Banking and Financial Services and lecturer in McCoy College’s Department of Finance and Economics, noted that RBFCU’s investment will enhance the center's curriculum, create valuable internship opportunities and open doors to permanent employment for students in the financial services industry.
“As we continue to build and further develop our Center for Banking and Financial Services, we’re extremely pleased to announce the association with Randolph-Brooks Federal Credit Union as an investment partner,” Allen said.
“We’re very excited to have CEO Mark Sekula, a Texas State McCoy College of Business alumnus, join our Advisory Council,” Allen said. “Mark and his executive team will bring greater depth to our center’s program, both in the form of student internships and placement opportunities.”
The Center for Banking and Financial Services launched in fall 2023 and initially featured four courses with over 60 students enrolled and was backed by seven bank sponsors. The center “offers important insights into the commercial banking industry including resources and insights,” according to the center’s website.
The interactive curriculum is designed to prepare students for a career in financial services, offering access to valuable industry connections through guest lecturers, field trips, and insights from Q2, the Austin-based FinTech partner specializing in global digital transformation solutions.
Since its inaugural semester, Allen said the center continues to grow, with over 200 students enrolled, five courses now available, 15 financial services and community sponsors, and 13 pending investors.
“We’re fully enrolled in our three Spring ’24 offerings, including our newest course, Foundations of FinTech – Powered by Q2,” he said.
The center’s curriculum features two core finance and economics courses in the fall – Commercial Bank Management and Commercial Credit Analysis – and three spring courses: Treasury and Working Capital Management, Selling Financial Services, and Foundations of FinTech.
The center’s mission is to serve as a leading resource in developing the next generation of leaders for the banking and financial services industries, empowering them with the expertise, skills, and ethical foundation necessary to navigate and shape the future of finance.
“Our goal is to build an innovative and dynamic student learning experience, including both curricular and co-curricular experiential learning, thereby exposing our students to real-world industry opportunities,” Allen said. “In short, we will become a nationally recognized center of excellence, shaping the future of banking and financial services through innovative programs, thought leadership, and industry collaborations.” ✯
For more information about this story or other news, email Twister Marquiss, manager of marketing and communications for the McCoy College of Business, at twister@txstate.edu.
About the McCoy College of Business
Established in 1970, Texas State’s business school officially became the McCoy College of Business in 2004 following a transformational gift of $20 million by Emmett and Miriam McCoy. The college, which offers classes in San Marcos, Round Rock, and online, is accredited by AACSB in both business and accounting, and has graduated more than 45,000 alumni.
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