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UTEP Banking Academy Receives TFCU Donation

Last Updated on January 20, 2022 at 12:00 AM

Originally published January 20, 2022

By MC Staff

UTEP Communications

The University of Texas at El Paso’s Banking Academy in the College of Business Administration has received $20,000 from El Paso credit union TFCU to support the academy’s mission of preparing students for successful careers in the financial services industry.

The University of Texas at El Paso’s Banking Academy in the College of Business Administration has received a $20,000 donation from El Paso credit union TFCU. The contribution will support the academy’s mission to prepare students for successful careers in the financial services industry. Photo: JR Hernandez / UTEP Marketing and Communications
The University of Texas at El Paso’s Banking Academy in the College of Business Administration has received a $20,000 donation from El Paso credit union TFCU. The contribution will support the academy’s mission to prepare students for successful careers in the financial services industry. Photo: JR Hernandez / UTEP Marketing and Communications

The UTEP Banking Academy was established in 2021 to address the shortage of banking professionals in the West Texas and Southern New Mexico region and improve participation of Hispanics in banking managerial roles. 

Alejandro Yu, TFCU vice president of marketing, said TFCU’s donation and involvement in the UTEP Banking Academy reflects the credit union’s commitment to help develop El Paso’s future leaders to be prepared in ways that will be innovative and effective for their professional careers. 

“TFCU has had a long history of being a strong supporter of UTEP,” said Yu, who earned a bachelor’s degree in business administration in 2008, and master’s degrees in business administration and public administration in 2011, all from UTEP. “For many years, we have been sponsors and supporters of many initiatives at UTEP, as we continue to live the credit union industry’s philosophy of ‘people helping people.’ We were very excited to hear of the creation of the Banking Academy because it is an innovative way to help UTEP students start their careers in the exciting industry of financial services. We value programs that will help our students grow and gives them the opportunity to do so here in El Paso.” 

The UTEP Banking Academy is open to students who have declared a major or minor in finance with a concentration in Banking and Financial Institutions.

Founding partners of the Banking Academy include El Paso-based WestStar, GECU, Bank of America, the Texas Bankers Association, Sunflower Bank, International Bank of Commerce and Commerce Bank, Wells Fargo, and JPMorgan Chase & Co.