Posts Tagged “GUASFCU”
Last week, Georgetown University Alumni Student Federal Credit Union crossed the $16 million mark in its managed assets. The milestone is the highest in the credit union’s 27-year history.
GUASFCU, the oldest and largest student-run financial institution in the country, saw its assets grow 37 percent over the last year.
“GUASFCU’s growth has been driven by its competitive rates and the expansion in services designed to make it a competitive, lifelong banking experience,” CEO Arjun Mehta (SFS ’11) wrote in a press release.
Mehta added that GUASFCU manages almost 12,000 accounts and $1.4 million in loans.
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We recently got our hands on a copy of a contract between Bank of America (by way of its subsidiary, FIA Card Services), the Alumni Association, and GUASFCU, which reveals a seven-year agreement that pays out up to $2.8 million in royalties to the Alumni Association and GUASFCU.
As per the agreement, the Alumni Association and GUASFCU provided customer lists to Bank of America, which were then used to market credit cards to students and alumni. According to GUASFCU CEO Arjun Mehta (SFS ’11), the credit union only passed along a list compiled by the University Registrar’s Office.
Want to know more? We’re got more details and the contracts after the jump.
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After a marathon production night, the first Fall issue of the Voice hit stands this earlier today.
In Features, a whole bunch of staff members ran down the best of Georgetown. Curious to know where you should barricade yourself in the event of a zombie apocalypse? Or how about the best food station at Leo’s? It’s all there—and more.
News details a seven-year, $2.8 million contract between Bank of America, the Alumni Association, and GUASFCU.
Leisure previews the Breakthrough Art Organization’s September exhibition of German, Cold War-inspired art.
Sports recaps how the basketball team handled the Kenner Summer League.
The Ed Board weighs in on this summer’s UIS wireless announcement.
In Voices, some mopey fool laments the plight of being a transfer student.
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Posted by: Juliana Brint in News, Vox Populi, tags: DC Student Speak, Diversability, GAMS, Georgetown, GUASFCU, Philanthropy, Reimagine Georgetown, Saxa Service Feast, The Corp, The Hoya
As one its many philanthropy initiatives, the Corp annually doles out Reimagine Georgetown grants to programs that “seek to improve our undergraduate experience at Georgetown in creative ways.” In recent years, grants—which are co-sponsored by GUASFCU and The Hoya—have gone to now-well-known initiatives like Run for Rigby and 25 Days of Service.
According to Chairman of the Reimagine Georgetown Board J. Ryan Zambon (MSB ’10), the program received more than 20 grant applications this year. Yesterday, the Board announced that it had narrowed the proposals down to four winners:
- Georgetown Alternative Music Series: $5,000 will go towards Daniel Alexander’s (MSB ’11) idea of creating a series of on-campus concerts featuring student and local bands.
- D.C. Students Speak: Michael Trummel (COL ’10) will be getting $3,000 to establish an annual conference between student leaders at all of the major D.C.-area universities to coordinate student response to issues like 61-D citations.
- Saxa Service Feast: $2,000 will go to Joel Ziebell (COL ’10) to host a wing-eating contest for students and faculty. The event will raise money that will be donated to the winning team’s charity of choice.
- Diversability: Tiffany Yu (MSB ’10) is starting a club to promote “disability pride.” The group is in the process of getting SAC approval, and will be receiving $500 to get off the ground.
You can check out the full descriptions for the winning programs after the jump!
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Now that we’re keeping an updated campus crime map, we figured at the end of every month we should give you a roundup of what (and how many) dastardly deeds were committed on campus over the past month. Here’s what happened this June:
View Georgetown Voice Crime Map: June 2009 in a larger map
Like May, June was a quiet month for Georgetown, with a total of 19 on-campus incidents reported in the DPS log. They breakdown as follows:
- 11 thefts
- 6 cases of unlawful entry or trespassing
- 1 case of destruction of property
- 1 case of threats
Probably the most intriguing incident of the month is the case of threats, for which the DPS log entry reads as follows:
June 12, 2009. 8:03 p.m.
Suspect threatened complainant over phone. Suspect identified. MPD notified.
We asked GUASFCU CEO Justin Lo Iacono about the incident, but he said that “the credit union does not discuss member details with the press, as all member details are confidential.”
The 11 cases of theft were mostly standard stuff (bicycles, wallets, electronics, laptops, etc), but there were a couple odd ones. On June 11, DPS reports the theft of “an electronic game and cord” from McCarthy Hall. On the 20th, someone stole hubcaps from a vehicle in the Southwest Quad Garage.
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