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Ballston Spa Middle School students recently opened the district’s first ever student branch of a financial institution in their school. As part of a district-wide initiative to promote financial literacy, administrators, faculty and PTA representatives collaborated with district partner TCT Federal Credit Union to create and implement Scottie’s Dollar & Cents Student Branch of TCT Federal Credit Union.
Eleven Middle School students recently attended a two-day training session to learn credit union procedures so they can now manage the branch in their school. TCT staff members will also be available each Wednesday to oversee the branch and assist students as needed.
“Scottie’s Dollar and Cents Student Branch is a wonderful initiative that encourages students to save their money,” said Curt Cecala, chief executive officer of TCT Federal Credit Union. “Savings is a discipline that once developed will benefit them their whole life. This program also offers those students working at the branch real work experience in customer and business relations.”
“It has been wonderful to collaborate with TCT Federal Credit Union on such a meaningful and educational district-wide initiative that will teach our students about the importance of finances,” said middle school co-principal Rich Ruberti. “We look forward to this being a very successful and educationally enriched program for all students.”
“The students’ enthusiasm has really helped jump start the opening of the branch,” Cecala said. “We are very grateful that the Middle School and PTA have allowed us to partner with them in Scottie’s Dollar and Cents Student Branch.”
TCT members of the Ballston Spa CSD, including students, faculty and staff, may utilize the branch to make deposits or withdrawals each week between the hours of 10:45 a.m. and 12:15 p.m. without leaving the Middle School. The mobile branch kiosk, which was constructed by Ballston Spa High School students, was generously funded by TCT Federal Credit Union. In addition, partial funding from long-time school district partner State Farm Insurance Company was also utilized to support this important district initiative.
For information, please contact Courtney Lamport, Coordinator of Development, 884-7195 X1369 or email@example.com.