We take inspiration for our initiative from a quotation by Warren Buffett. The wise investment oracle said, “Someone is sitting in the shade today, because someone planted a tree a long time ago.” He espouses not only the value of foresight, but how work and decisions today can create so much value for others into the future.
Twenty-eight years ago, four students at Georgetown University in Washington D.C. began a project to setup a credit union run for students and by students. That credit union now, has an unpaid students staff that manages $15 million in assets. Because of the work of those four in 1983, students benefit from superior student financial services and staff receive valuable work experience.
Today students at University of Waterloo and Wilfrid Laurier University are building a financial institution to provide to students services that make sense for them. Like those students at Georgetown, we are working to plant a tree here in Waterloo.
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