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Georgetown University Alumni & Student Federal Credit Union history
Georgetown University Alumni & Student Federal Credit Union company history timeline
Students Alyce Russo, Len Schoppa, and Kyle Stevenson did much of the credit union's setup work, receiving permission from the university administration to open on the second floor of the O'Gara Building prior to its demolition in 1984.
That year they also built upon previous efforts begun in 2006 with their ₵ommon $ense financial literacy courses for graduating seniors, expanding the weekly courses to a full month.
In 2007, the credit union helped organize seminars for graduating seniors on financial literacy.
The credit union celebrated its 25th anniversary in 2008 with an address from the Vice Chairman of the National Credit Union Administration, Rodney E. Hood, who praised the union for its service.
Despite the arrival of a PNC bank branch on campus in the fall of 2009, GUASFCU assets rose to $12.4 million.
By fall 2010, they rose to over $16 million, with over 10,000 individual members.
In 2011, GUASFCU worked with The Corp and The Hoya to create the Reimagine Georgetown Partnership, which gave grants of between $500 and $10,000 toward innovative campus projects.
2016 marked the tenth anniversary of Common $ense, Georgetown University’s only student-led money management initiative.
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Georgetown University Alumni & Student Federal Credit Union may also be known as or be related to GUASFCU and Georgetown University Alumni & Student Federal Credit Union.