The establishment of the credit union dates back to 1983. After volunteering with the school’s credit union, Alice Russo (C’84), a transfer student at the University of Massachusetts Amherst, wanted to bring a more accessible and student-friendly bank to campus. She founded the credit union in 1983, partnering with Len Shopper (SFS’84) and Kyle Stevenson (SFS’84). The credit union was located in what is now Village C, in a now demolished building.
“When we started it, we never thought it would last 40 years,” says Russo, now president of Real Estate Management at RRR Management Inc. “I am so grateful to everyone who walked through that door over the decades and continued to do so. It’s amazing to see how you got there.”
Over the past 40 years, GUASFCU at Georgetown’s Levy Center has provided more than 6,000 students with real-world opportunities to hone their finance, management and marketing skills and gain work experience. Students in GUASFCU’s internship program begin their tenure as tellers, then progress to professional roles in marketing, bookkeeping, IT, underwriting, and management while learning the intricacies of financial management. Many have gone on to careers in consumer finance, commercial banking, finance, technology, operations and other industries. Erica Cohen Dar, Vice President for Student Affairs.
“At GUASFCU, Students will have the opportunity to familiarize themselves with the regulations governing consumer banks and contribute to the operation of independent and successful organizations.story,’ says Cohen Dar. “They graduate with hands-on experience in consumer finance that they can use in the next phase of their careers. “
Aya Takegami (SFS’25), the chief financial officer of the credit union, Prepare financial reports for regulators, reconcile bank statements, and supervise the department’s day-to-day operations. During her two years as an intern, she has used her financial skills to help finance other of her Hoyas and has been mentored by former interns and alumni.
“The support given to all interns to pursue the initiatives they are passionate about has been invaluable and has allowed them to take more responsibility and create change within GUASFCU.“We stand on the shoulders of our predecessors,” she says.