TBA Credit Union’s Student-Run Credit Union has helped student members save $101,363.00 since its launching in 2010.
The program is designed to encourage lifelong savings habits and provide first-time job experience to students. Student volunteers apply and interview for their desired credit union position, then run a SRCU branch at their school. Student members can then deposit money into their TBACU youth account or apply for a membership without having to come into a branch.
“This is a huge milestone for our Student-Run Credit Union program,” said Rachel Priest, a TBACU Marketing Assistant who helps run SRCU. “Deposits made by student members primarily consist of spare change, so the idea that they have been so faithful to save their money and reach $100K altogether is astounding.”
The Student-Run Credit Union is open throughout the school year at various local schools. Visit TBACU’s event calendar at tbacu.com to see the deposit day schedule for the 2017-18 school year.