As the online vehicle retailer erects more car vending machines and enters into new markets, Carvana is also broadening its partnership to help potential buyers obtain financing, with the latest move coming Wednesday with Randolph-Brooks Federal Credit Union (RBFCU), the second-largest credit union in Texas with more than $7.5 billion in assets.

Executives highlighted the partnership will offer RBFCU's nearly 700,000 members access to Carvana’s expansive inventory of high-quality, pre-owned vehicles, combined with the credit union's low-rate financing. Members can now easily apply their RBFCU approvals to Carvana vehicles and enjoy the benefits of a completely seamless online buying process that allows members to have their cars delivered as soon as the next day.

“As we expand in new and existing geographies, Carvana looks to partner with organizations like RBFCU that have deep roots in the communities we serve and share our commitment to outstanding customer experience,” Carvana founder and chief executive officer Ernie Garcia said.

“We are proud to strengthen our presence in the Austin and San Antonio markets with this partnership and look forward to bringing our unique online car shopping solution to RBFCU members,” Garcia continued.

In connection with the launch of their partnership, Carvana and RBFCU are donating a 2015 Nissan Frontier from Carvana’s inventory to local Texas philanthropic organization Mobile Loaves & Fishes.

Mobile Loaves & Fishes will use the truck in fulfilling its daily mission of delivering meals to the homeless and working poor in Austin and San Antonio. Teams from RBFCU and Carvana joined Mobile Loaves & Fishes at Carvana’s recently launched Austin vending machine on Wednesday to celebrate and finalize the donation.

“Both RBFCU and Carvana are dedicated to supporting the communities we serve, and we couldn't be prouder to offer this joint donation to Mobile Loaves & Fishes to assist with their mission of delivering hope and sustenance to local people in need,” said Sonya McDonald, chief lending officer at RBFCU. 

“At RBFCU, members and community come first, and our partnership with Carvana is just another example of our daily commitment to giving members the best products and services to meet their needs,” McDonald continued. “We are very impressed with the value, convenience and transparency Carvana offers, and we can't wait to help our members take advantage of it.”

The retailer reiterated all Carvana vehicles have no reported accidents, have completed a 150-point inspection and have met Carvana Certified standards. RBFCU members also have access to Carvana’s 100-day/4,189-mile bumper-to-bumper warranty, as well as its seven-day money back guarantee, which enables customers to return their vehicle for any reason and receive a full refund.

For more information on purchasing a vehicle through Carvana, RBFCU members can visit www.Carvana.com/RBFCU.