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$100K and a dream: College senior plots student-run credit union

Nov 18, 2020 - American Banker
Donations and Philanthropy

Starting a credit union is no easy task but the challenge is even greater if the organizers are trying to do so while still in college.

After almost four years spent raising nearly $100,000, a group of students at George Washington University in Washington, D.C., hope to open an entirely student-run credit union as soon as next year. The planned institution would focus on GW students with hopes of expanding the field of membership to alumni eventually. Faculty and staff there are already e...