Capitol City Bank and West Manor Elementary Team-Up to Create a Student Bank

West Manor Elementary is launching an In-School Banking Center.

West Manor Elementary is partnering with to establish an In-School Banking and Financial Literacy Program this fall.

The purpose of the program is to enable its participants to become financially knowledgeable and astute students capable of transitioning into sound and financially capable adults.

Program specifics include the following:

- Annually, 10 to 15 Students (3rd through 5th graders) will be trained as Bank Officers;

- Students will be trained to conduct all bank functions such as customer service reps, tellers, data entry, etc.

- Once a month, Bank Officers will operate the bank under the guidance of a Capitol City Bank Manager;

- Students will be able to make deposits (with no minimum amount) throughout the school year and receive bank statements of their savings progress, and incentives;

- Capitol City will also assist parents in increasing their financial literacy by providing workshops and access to their banking products.

The grand opening is September 14th at 10 a.m. at West Manor Elementary.

Mr. George Andrews, founder and president of Capitol City Bank will be on hand to install the new officers and have a ribbon cutting ceremony.

Jesse Torres September 14, 2012 at 02:26 PM
See how East L.A. is using financial literacy and asset building to create a college-going culture. Along the way it is also creating wise consumers and savvy investors...http://www.youtube.com/watch?v=rC2HrPnJppE&feature=g-user-u


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