Mohonasen High School partnered with First New York Federal Credit Union to open a new student-run branch at the Center for Advanced Technology (CAT) building.
Mohonasen high school students will have a controlled environment to volunteer as a teller, transact and earn rewards for their saving efforts. The Legacy Branch, a name chosen by students, will be staffed by Mohonasen student volunteers who will provide banking services to their district, staff and fellow students. High school business teacher Rochelle Obie and math teacher Karen Smith will supervise the student tellers.
The student volunteers will gain hands-on working experience while receiving opportunities to learn financial marketing and new account sales fundamentals. The program will count as an internship for the students, assisting them in their higher education goals and future employment opportunities.
“School banking through First New York Federal Credit Union supports students as they become financially literate which is an attribute of the Portrait of a Mohonasen Graduate,” said Laurel Logan-King, Mohonasen Assistant Superintendent for Curriculum and Instruction.
Mohonasen is the third high school in the Capital Region to participate in First New York’s In-School Branch Program.
“We are thrilled to partner with First New York and re-establish what was once a highly successful, school-based bank branch,” said high school principal Craig Chandler, who worked with First New York to set up the branch. “I know that with the combination of the amazing crew from First New York and the enthusiasm of our staff and students, the branch will be a success.”