
High School Branches Pay Dividends for Banks and Students
At banks of all sizes, student-staffed branches turn students into ambassadors for healthy financial choices.
At banks of all sizes, student-staffed branches turn students into ambassadors for healthy financial choices.
“Innovation doesn’t have to be in technology,” says Julieann Thurlow. “Innovation can be rethinking about a problem and really thinking about what consumers want and where the need is.”
On the latest episode of the ABA Banking Journal Podcast, sponsored by Windstream Enterprise, Connecticut banker George Hermann discussed his bank’s in-school branch program.
By Carol Gilhawley
Banks participating in the FDIC’s youth savings pilot program are seeing strong results, agency chairman Martin Gruenberg said today, adding that the FDIC will by year’s end provide a “roadmap” for other banks wishing to offer similar programs in schools.
The FDIC today announced phase two of its pilot program aimed at identifying the best approaches to bank-school programs that combine financial education with access to low-cost savings accounts.