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Student-Run Credit Unions
Apple's Student-Run Credit Union Program (SRCU) brings real world financial literacy and education into schools within Fairfax, Fauquier, Loudoun, Prince William, Stafford and Frederick Counties.
Beginning with Robert E. Lee High School in 1995, the SRCU program has expanded its reach and is active in 25 high schools and middle schools today. It’s the hundreds of student employees performing banking services for the students at each school that make this program a success.
What is the Student-Run Credit Union Program?
Apple and the partner school join to open a fully functioning Apple FCU branch inside the school building. Students are ‘hired’ as employees and receive hands-on experience learning and performing all duties from accepting membership applications to processing deposits. The goal is for students to become financially educated and gain real-world work experience. Plus, the students using the branch gain money management skills.
Who can do business at the school branches?
Only students, faculty and staff that work at the school can conduct business at the SRCU during the day. The branches are open during the school lunch periods and sometimes before and/or after school.
Prince William County
Recent studies have shown that America's students are in desperate need of expertise and guidance when it comes to saving, budgeting and basic money management. Your institution could be the just the resource they need to succeed.
An in-school student-run credit union branch network serves as both an excellent educational resources and a convenient place for students, educators and staff to bank. If you've considered making such a program the next phase for your credit union, Apple Federal Credit Union can help!
Learn from our decades of award-winning experience. From fostering school relationships and drafting an overall strategy, to the documentation and the necessary operating procedures, Apple's experts are available to assist you every step of the way.
- Access to experienced consultants
- Documents packages for every program phase; each proven to shorten launch time and save on development costs
- Branch option blueprints and operation plans to help best leverage your space
- Select-view benchmarking data for branch performance comparison and trends.
To learn how Apple FCU can help you fold a student-run credit union network into your organization's next phase, call 703-788-4800 and ask to speak with a member of the Credit Union's Community Relations team.