What will blow your mind as you listen to this podcast is how savvy and smart the guest is. That’s Sahil Pankhaniya, a 20 year old student at George Washington University in Washington DC who is pursuing the launch of a wholly new, student run credit union credit union at the Washington DC institution.
How cool is that.
The effort has been written up in Credit Union Times, and here Mr. Pankhaniya talks for himself.
Know this: he thinks very big. What if, he asks, if they can roll out credit unions at universities across the nation? What if indeed. Not only would that get students familiar with credit unions it also would provide a stream of trained potential hires for credit unions.
The hope is to launch the credit union in the fall, a date that had been May but the coronavirus epidemic has pushed that back.
Pankhaniya and his fellow students also need to raise around $55,000 more to meet NCUA’s capital requirements.
It’s an exciting story.
Along the way, we discuss CUNA’s “Open Your Eyes” campaign – hear our podcast with Teresa Freeborn on this.
Know too that a recent podcast guest, Bill Kennedy, is a booster of this effort. Hear him on students and their need for mentors here.
And to learn more about start up Maine Harvest – now successfully chartered – listen here.