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The USF Muma College of Business in Tampa and the USF Federal Credit Union have teamed up for a unique partnership: a student run credit union branch.
“It will be one of the first credit unions on a university campus to offer students a paid internship opportunity while they earn course credit for their work and learning experiences,” USF Federal Credit Union president and CEO Richard Skaggs says in a statement. “Our goal is to offer a different and innovative experience for members while providing our students with real life business experience.”
The branch opened Sept. 21 in the USF Marshall Student Center. Students will work and operate the office and gain experience in how a credit union works, but financial oversight will remain with the credit union's board, the release states. The program, which covers three years and includes credit union accounting, finance, marketing, operations and management, has six students so far.
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