Students get early start on financial success - WALB.com, Albany News, Weather, Sports

Students get early start on financial success

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Worth County is Camera Ready

    Worth County is Camera Ready

    Monday, September 15 2014 10:50 PM EDT2014-09-16 02:50:56 GMT
    Karen Rackley, Sylvester-Worth County Chamber of Commerce Executive DirectorKaren Rackley, Sylvester-Worth County Chamber of Commerce Executive Director
    Every county in Georgia is now camera ready.Worth County is one of the final 20 counties that just earned the designation meant to show television and movie producers that local communities are able and willing to help them. More >>
    Every county in Georgia is now camera ready.Worth County is one of the final 20 counties that just earned the designation meant to show television and movie producers that local communities are able and willing to help them. More >>
  • Sylvester city departments remain without phone service

    Sylvester city departments remain without phone service

    Monday, September 15 2014 10:50 PM EDT2014-09-16 02:50:33 GMT
    Bill Yearta, Mayor of SylvesterBill Yearta, Mayor of Sylvester
    All city departments in Sylvester remain without phone service. The phone system went down on Monday at Sylvester City Hall and the police, fire, and public works departments.More >>
    All city departments in Sylvester remain without phone service. The phone system went down on Monday at Sylvester City Hall and the police, fire, and public works departments.More >>
  • When does discipline go too far??

    When does discipline go too far??

    Monday, September 15 2014 10:42 PM EDT2014-09-16 02:42:39 GMT
    Dr. Sinay Edwards, Open Arms Program DirectorDr. Sinay Edwards, Open Arms Program Director
    The arrest of an NFL superstar on child abuse charges raises questions about when discipline goes too far.More >>
    The arrest of an NFL superstar on child abuse charges raises questions about when discipline goes too far.More >>

By Karen Cohilas - bio | email

January 27, 2009

ALBANY, GA (WALB) - Students at Albany Middle School are getting an early start on financial success. Indian City Bank officially opened its doors this afternoon with a ribbon cutting ceremony.

The bank is a branch of Capital City Bank. This one is different, though. Students will serve as the Tellers and Customer Service representatives. They'll also be the customers, opening accounts with as little as a five dollar deposit.

Parents, teachers, and younger siblings of students can also open accounts. Capital City CEO George Andrews says with a rocky economy, it's important students learn basic money management now.

Andrews said, "In this day, when you have bankruptcies and foreclosures at record numbers, boy don't we need an educational system that's going to teach us how to maneuver around these pitfalls?"

Student Loreal Watts said, "I want to be able to have something to lean back on when I'm older so I won't be in a struggle." 

Before the bank opened Tuesday afternoon, students had an opportunity to win a little money to start their savings account by answering some financial questions.

The bank will be open during lunch periods for Students twice a week. School Clubs can open group accounts so they can save up money for trips, supplies, and events.

Feedback