Student bankers will help provide peers with practical money management skills.
Capital One Bank announced the opening of a new bank branch at West Side High School in Newark. The West Side High School branch will be Capital One Bank’s second student-run banking center in the Tri-State area.
Nine West Side High students will operate the in-school branch three days a week under the supervision of Capital One Bank management. The new in-school branch provides an opportunity for select students to work with Capital One Bank to develop practical financial knowledge and skills through a structured work environment and share what they have learned with their peers. The bank will offer tools to help students save for future financial responsibilities such as the cost of attending college, and banking services will also be available to school administrators and teachers.
“Capital One Bank developed this student-run bank branch at West Side High School as a part of our commitment to providing innovative financial education programs for the citizens of New Jersey,” said Jon Trombley, New Jersey and Virginia State Executive Vice President of Branch Banking at Capital One Bank. “Given recent economic pressures, financial literacy is more important than ever. Our goal is to help give students a solid foundation of money management knowledge and skills so that they can make wise financial choices in the future.”
Read the rest of press Release here.