Tuesday, October 27, 2009
Southeast High School students are banking on a novel way to learn about personal finance.
A new partnership with the Credit Union of America and Wichita Public Schools will make it possible for students to get cash on campus during school hours...but it doesn't end there.
The in-school credit union branch will be run and operated by students. With that, the Buffalo Branch of the Credit Union of America opened.
Four years in the making, the credit union will be open during the lunch hour on Tuesdays and Thursdays and will be manned by Southeast students.
Students will be able to open accounts, make deposits, use the ATM and even borrow money. Southeast principal Leroy Parks says it's also a great way for students who are in the banking program at Southeast to get hands on experience.
Student workers are able to open accounts, conduct teller transactions, handle account information and even assist members with consumer loan applications.