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Seattle University Credit Union Initiative

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  • Why student run?
    We chose to be student run for multiple reasons. Mainly to 1) Offer an elevated experiential learning experience for students in which they have the opportunity to get academic credit, enhance their skills, network, and more; 2) Provide even more competitive rates and lower fees due to having low overhead from lack of labor cost.
  • Are you a credit union?
    While we are not a credit union YET, we are on the path to becoming chartered (obtaining our special license to become a credit union)! We have made significant progress since our inauguration in January 2024 and look forward to all the next milestones to come.
  • What makes you stand out from other financial institutions?
    We are unique because we are an entirely student run organization, specializing in experiential learning, while also providing better rates and lower fees than other competitors due to our low labor cost! As students, we understand what students want and need, and so we become a reliable and relatable resource for students, and other community members to turn to.
  • Do I have to be a student to receive the products and services?
    No, you do not have to be a student to receive our products and services! While many of our products will be catered towards our main market of college students, we also are a resource for those looking for a trusting, caring, and reliable resource for your finances! Follow our social media to stay up to date on the latest progress!
  • What is Seattle University Credit Union Initiative?
    ​Seattle University Credit Union Initiative is a not-for-profit credit union initiative, that is entirely run and operated by students! We aim to not only provide financial products and services to the SU and underserved communities that surround it, but to build long lasting and valuable relationships with our community and our members. Our initiative elevates experiential learning at Seattle university, providing invaluable opportunities and experiences for students.
  • Do you offer financial literacy?
    One of the things we want to prioritize is financial literacy for the younger generations. Many people go into, and even graduate college with little to no personal finance knowledge, so we not only aim to be a resource and learning experience for students, but also want to educate students so that they graduate financially prepared! We currently have a team actively working on creating and delivering financial literacy education to our community! Follow our Financial Literacy Instagram for more! https://www.instagram.com/financialliteracy_sucui/\
  • Do you have a physical location?
    We do not currently have a physical location. Our student interns work on the initiative though a class/independent study structure on campus, but we hope to eventually have a physical branch when we are chartered and further established!
  • What opportunities does your initiative offer?
    This will be an intensive project, and so we appreciate any support along the way! Not only do we have opportunities for students to get involved within our initiative, but we also have mentorship opportunities for professionals who are wanting to provide our students guidance while building up a potential multi-million-dollar financial institution! If this is something that sparks your interest, and you would like to learn more about how to get involved or contribute, reach out to us through our "Contact Us" section on the website!
  • Why did you choose a Credit Union Model?
    Credit Unions are not-for-profit financial institutions that care about their members and invest back into their communities by offering better rates and lower fees. We want to be an accessible resource for the Seattle University and surrounding communities, and so this structure not only embodies our mission and goal of empowerment to our community financially, but also gives us a unique catered advantage over the profit-driven banks.
  • What is a credit union vs. bank?
    Credit Unions are similar to Banks, in the sense that they are financial institutions that offer financial products and services, but the main difference is that Banks are for profit, and Credit Unions are not-for-profit. Credit Unions are not-for-profit institutions that have tax-exempt status, and lack of shareholder obligations, allowing them to reinvest earnings directly into their communities, rather than trying to make money off of them. Credit Unions offer similar financial products and services as Banks but prioritize their members wellbeing by providing better rates and lower fees.
  • How can I join SUCUI?
    Email our student CEO Ana Giordano | agiordano@seattleu.edu, or our Chairman Cisco Smith | Malpare@seattleu.edu, to express your interest!
  • Who can be apart of the initiative?
    Students of all majors are invited to join our initiative! Students working internally are referred to as "Student Interns" as you get to apply classroom knowledge to real projects and roles. With all different departments within the initiative, for example finance, legal, HR, marketing, IT and more, students looking to gain real-life work experience and build up their resume's get a unique opportunity. If you are interested in becoming a student intern, reach out to us!: (email or link)
  • What experience do I need to join?
    You don’t need prior experience to join! We’re always looking for motivated and dedicated students who are eager to step up and take initiative. Our program offers a variety of departments where students can gain hands-on experience in different areas, allowing them to explore their interests and discover the roles that best fit their strengths and career goals. If you'd like to join, or have a particular area of interest, reach out to us! (Link or email)
  • Do student interns get paid to be in the initiative?
    While student interns in the initiative do not receive traditional monetary compensation, they gain a wealth of valuable benefits that contribute significantly to their professional development. Interns acquire hands-on experience in real-world settings, taking on and managing roles across various departments. They also earn academic credit each quarter that applies directly to their degree. Additionally, students enjoy extensive networking opportunities with industry professionals who serve as mentors, guiding them throughout the process. This experience allows interns to enhance their resumes, build essential skill sets, and gain a competitive edge in their career paths.
  • What opportunities does your initiative offer?
    We offer students a unique, elevated experiential learning experience that goes beyond typical hands-on opportunities. Interns gain real-world experience by managing and participating in various departmental roles, with the added distinction of being part of a student-managed initiative. This allows students to practice leadership and decision-making in a way that closely mirrors real leadership roles. In addition, interns earn academic credit each quarter that contributes directly to their degree, while also benefiting from valuable networking opportunities with industry professionals who serve as mentors. This holistic experience not only enhances resumes and builds essential skill sets, but also provides students with a competitive edge in their career paths."
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