
Georgetown University Alumni & Student Federal Credit Union is a unique financial institution that offers a range of benefits to its members.
As a not-for-profit credit union, it's owned and controlled by its members, which means any surplus is reinvested to benefit the members, not shareholders.
The credit union was established in 1953, making it a long-standing resource for Georgetown University students, alumni, and staff.
Its mission is to provide financial services that meet the needs of its members while promoting financial education and stability.
Overview and History
The Georgetown University Alumni & Student Federal Credit Union has a rich history that dates back to 1982, when four students chartered the credit union with the National Credit Union Administration on February 9, 1983.
The credit union's early success was largely due to the efforts of students Alyce Russo, Len Schoppa, and Kyle Stevenson, who did much of the setup work, and George Houston, who secured an investment of $100,000 from the school.
The credit union later moved to the Leavey Center, where it pays rent to the school, and officially became GUASFCU (the Georgetown University Alumni and Student Federal Credit Union) in 1994 to emphasize the importance of alumni to its membership base.
Here's a breakdown of the credit union's leadership structure:
The credit union has supported various philanthropic events, including Relay For Life, Run 4 Rigby, and the John Thompson III Foundation, demonstrating its commitment to giving back to the community.
Overview
Georgetown University Alumni & Student Federal Credit Union has a wide range of job titles, including Business Analyst, Collections Manager, and Digital Banking Agent.
The credit union offers varying hourly salary ranges for its employees, with Business Analysts earning between $49 and $69 per hour on average.
The credit union's job titles can be grouped into several categories, including customer-facing roles like Contact Center Agent and Digital Banking Agent, and behind-the-scenes positions like Digital Services Specialist and Fraud and Security Specialist.

The average hourly salary for Digital Services Specialists is $17, while Application and Project Support Managers earn an average of $64 per hour.
Here's a breakdown of some of the credit union's job titles and their corresponding hourly salary ranges:
Some positions, like Assistant Branch Manager, have the same average hourly salary across different locations, at $35 per hour.
History
In 1982, four students at Georgetown University wanted to help their community with banking, and they chartered the Georgetown University Student Federal Credit Union with the National Credit Union Administration in 1983.
Riggs Bank was the only campus banking option at the time, but these students took initiative and received permission from the university administration to open a credit union on the second floor of the O'Gara Building.
The credit union was set up by students Alyce Russo, Len Schoppa, and Kyle Stevenson, with help from Georgetown University's treasurer, George Houston, who secured an investment of $100,000 from the school.

GUSFCU was able to offer debit cards to members early on, thanks to an affinity agreement with MBNA, which was founded in 1982 by Charles Cawley, a Georgetown alumnus.
The credit union later moved to the Leavey Center, where it pays rent to the school, and in 1994, it officially became GUASFCU to emphasize the importance of alumni to its membership base.
In 2007, the credit union helped organize seminars for graduating seniors on financial literacy, and in 2008, it celebrated its 25th anniversary with an address from the Vice Chairman of the National Credit Union Administration, Rodney E. Hood.
By 2010, the credit union's assets had risen to over $16 million, with over 10,000 individual members, despite the arrival of a PNC bank branch on campus in the fall of 2009.
Membership and Services
GUASFCU's membership is open to a specific group of people, including current Georgetown University students, alumni, and their immediate family members.
Membership in GUASFCU is limited to those who share a common bond defined in its credit union charter.
Current Georgetown University students are eligible to join GUASFCU, making it a great resource for students managing their finances on campus.
GUASFCU also offers membership to Georgetown University alumni, providing a convenient financial option for graduates.
Immediate family members of alumni and students are also eligible to join GUASFCU, allowing them to take advantage of its services.
GUASFCU offers a range of account services, including savings accounts, checking accounts, and certificates of deposit.
The savings product is called "Share Savings", which reflects the fact that members' initial deposit represents their share of ownership in the credit union.
GUASFCU members can access their accounts through the credit union's app, making it easy to manage their finances on the go.
The credit union has partnered with the Allpoint ATM network, which offers over 43,000 ATMs across the US and internationally.
GUASFCU members can use these ATMs for free, in addition to the two GUASFCU ATMs located on campus.
Here are some of the benefits of being a GUASFCU member:
- Free access to over 43,000 ATMs across the US and internationally
- Access to two GUASFCU ATMs on campus
- Convenience of managing accounts through the GUASFCU app
GUASFCU also offers a rewards program called GUASFCU Rewards, which provides discounts to members at local businesses.
Members can use their GUASFCU debit card to receive discounts at participating businesses, such as restaurants, retail stores, and more.
Financial Information
The Georgetown University Alumni & Student Federal Credit Union offers a range of financial services to its members.
You can join with a one-time membership fee of $5 and a minimum opening deposit of $25.
The credit union's membership requirements are straightforward: you must be a Georgetown University student, faculty, or staff member, or a member of the university's alumni association.
With the credit union, you can take advantage of low fees and high-yield savings rates.
Annual Revenue Is
Annual Revenue Is a Key Indicator of a Credit Union's Financial Health. The Georgetown University Alumni & Student Federal Credit Union annual revenue was $14.3 million in 2025.

Having a clear understanding of a credit union's annual revenue can help you make informed decisions about your financial needs. This figure can indicate the credit union's ability to provide financial services and support to its members.
For example, a high annual revenue can suggest a credit union's stability and potential for growth. In contrast, a low annual revenue may indicate financial struggles or a need for improvement.
It's worth noting that annual revenue is just one aspect of a credit union's financial health. Other factors, such as expenses and assets, also play a crucial role in determining a credit union's overall financial stability.
Knowing the annual revenue of a credit union can help you assess its ability to offer competitive rates and services to its members.
Pay Cost
The average hourly salary for employees at Georgetown University Alumni & Student Federal Credit Union is $45, which translates to an approximate annual wage of $93,904.
Salaries at Georgetown University Alumni & Student Federal Credit Union can vary significantly, ranging from $40 to $51 hourly, depending on factors like job role, experience, and education level.
An Application and Project Support Manager is among the highest earners, with an average salary of approximately $64 per hour, while a Digital Services Specialist earns around $17 hourly.
Individual salaries can vary based on a range of factors, including certifications, experience, and education level, so it's essential to research the specific position and requirements.
Employment Numbers
32 people are employed at Georgetown University Alumni & Student Federal Credit Union.
Location and Contact
Georgetown University Alumni & Student Federal Credit Union is based in Washington, District of Columbia. It's worth noting that the headquarters office is located in WASHINGTON, DC.
The average hourly pay rate of Georgetown University Alumni & Student Federal Credit Union is $45 in the United States.
Reviews
Reviews can provide helpful insights into the company culture of Georgetown University Alumni & Student Federal Credit Union.
Reviews can be a valuable resource for those considering a job at Georgetown University Alumni & Student Federal Credit Union, as they often reveal information about interviewing skill requirements.
Reviews may also highlight any negative aspects of a company, which can help in evaluating it as a prospective employer.
Company reviews can provide information on working conditions, benefits, compensation, and training opportunities in Georgetown University Alumni & Student Federal Credit Union.
Reviews can be a good way to get tips on how to apply for a position at Georgetown University Alumni & Student Federal Credit Union.
They may also reveal information about the company culture, which can be an important factor to consider when choosing a job.
NAICS Code and Details
The NAICS code for Georgetown University Alumni & Student Federal Credit Union is 522130. This code is part of the larger 52 category, which encompasses credit intermediation and related activities.
The NAICS code 522130 is a specific classification for credit unions, including federal credit unions like Georgetown University Alumni & Student Federal Credit Union. This code is used for statistical purposes and to identify the credit union's industry.
Georgetown University Alumni & Student Federal Credit Union's NAICS code also includes the broader categories of 5221 and 52213. These categories are more general and encompass a range of financial institutions.
Frequently Asked Questions
What is the mission statement of Guasfcu?
GUASFCU's mission is to serve the Georgetown community with tailored banking services. We aim to be the premier banking option for Georgetown students and community members.
Sources
- https://rocketreach.co/georgetown-university-alumni-student-federal-credit-union-profile_b5cae6e8f42e1414
- https://wallethub.com/profile/georgetown-university-alumni-and-student-federal-credit-union-13311075i
- https://www.salary.com/research/company/hourly-wage-for-georgetown-university-alumni-student-federal-credit-union
- https://en.wikipedia.org/wiki/Georgetown_University_Alumni_%26_Student_Federal_Credit_Union
- https://www.georgetown.edu/news/celebrating-40-years-of-student-run-financial-services-at-georgetown/
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