On-campus banking offers financial literacy lessons. (District plus: tips and ideas for successful district leadership).
Twice a week at lunchtime, students at Southside High School Southside High School or South Side High School can refer to:
A project two years in the planning, the bank is different but not the first of its kind, says Principal William Shepherd
William McMichael Shepherd (born July 26 1949) is a former American astronaut who served as commander of Expedition 1, the first crew on the International . Before contracting with CTB CTB Council Tax Benefit (UK)
CTB Coopération Technique Belge (French: Belgian Technical Cooperation)
CTB Commonwealth Transportation Board (Virginia Department of Transportation) , administrators visited a few local school banking models, as well as one in Kentucky.
It made sense for Southside because part of the school's mission is to help students become lifelong learners and productive citizens, says Carolyn Smith, director of the school's Academy of Finance. "Managing your money and finances helps you to become a productive citizen."
Students in grades 10-12 can apply for the academy magnet program, which offers accounting and finance courses and is serving 58 students this year. Seniors work in the bank as a customer service representative or the student manager.
Right now, students, parents and school clubs can open a savings account Savings Account
A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates.
Notes: . Completed transactions are taken to a community CTB branch, where employees update the accounts. The school is working on adding financial consulting, provided by CTB employees, to the menu.
The school community made more than $1,100 in deposits on opening day, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.