Dundee Central School students and staff are benefiting from a unique opportunity after the district partnered with ServU Credit Union to offer a student run bank at the High School.
“The Vault” opened May 10 and will serve district students and staff Fridays during lunch periods.
The students will have hands-on experience in the daily operations of a transactional teller line and be able to perform basic banking transactions at the branch such as deposits, withdrawals, transfers, and check cashing.
Objectives of the student run branch include:
• Creating and educational environment in which students have a hands-on experience in a real financial setting
• Increasing student’s knowledge of money management and financial products and services
• Encouraging the concept of saving money and setting realistic goals
• Providing out of the classroom learning experiences in math, computer, marketing, and social skills.
• Teaching students the employment skills necessary to become a viable work place employee.
ServU hopes to increase the financial literacy of all Dundee students in grades K-12 through peer teaching as The Vault students offer age-appropriate financial presentations to fellow students.
The Vault student workers include Isabella Levanduski, Hayley Herrick, Myah Dombroksi, Haley Jefferson, and Logan Salvatore.
ServU Credit Union employees training and overseeing the students are Sara Potter, Kelly Partridge, and Lauran Wilson.
The branch is open to students and staff of the Dundee Central School District only. It is not open to the public.