Student Banking System opens - WALB.com, Albany News, Weather, Sports

Student Banking System opens

September 7, 2007

Albany - We all learned reading, Writing, and arithmetic in school, but we may not have learned money management skills and that could lead to financial problems. Hopefully, students at Monroe Comprehensive High School won't have those problems thanks to a new banking partnership with Capital City Bank.

A student banking program called Monroe Bank and Trust opened Friday. The goal is to teach students responsibility and how to avoid financial pitfalls. George Andrews, President and CEO of Capital City Bank said, "The program will not only teach them how to use money and how to save money, but also get them exposed in the various jobs in banking."   Jakita Green said, "It teaches them to be responsible with their money and know they have a safe place they can keep their money."  

Students can open a savings account with as little as $2.50.  Eventually, Monroe Bank and Trust plans to get into the lending business loaning money to clubs and organizations within the school.

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