Rákospalotai EAC is a Hungarian football club based in the Rákospalota quarter in the north-east of Budapest.

Since Volán officially ended prior to the merger the newly reformed REAC didn't take any of its records, nor was it allowed to continue in the NB I.

As winter came and the first half of the season came to a close, REAC was in third place, but only a point separated them and Dunakeszi VSE for second.

Aside from a surprise home loss against Selypi Kinizsi the team did just that and they ended the first half of the season tied for first with Szolnok MÁV.

REAC came back for their third season in the NB III Mátra group with a new coach; the former Volán defender Béla Hegedűs.

In 1997 the league restructured, and though REAC finished second, they began the 1997–1998 season in the NB II Eastern Group.

Though the club struggled, they finished the year in 8th place and prepared for their second straight season in the NB II.

This was made official on May 24, 2007, when the team was among five Hungarian clubs who had their professional licenses renewed by MLSZ.

It was reported on 2 March 2012 that the chairman of the club, Róbert Kutasi, had committed suicide at the age of 48[2] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.