New Student-Run Credit Union Opens

Indianapolis, Ind. (allCUnews) -- Finance Center Federal Credit Union, in cooperation with Warren Central High School and Walker Career Center, opened a student-run credit union center inside the Walker Career Center on August 27. The center was established to help teach students about money management and starting off on the right financial path.

The Walker Career Center is Financial Center’s second student-run center. Financial Center opened the city’s first student center in 2007 at the J. Everett Light Center in the MSD of Washington Township.

The student-run center is already employing high school students. This summer students worked at Financial Center through the Walker Career Center’s co-op program, which is in place to give high school seniors real-life work experience. In addition to the work experience, Financial Center intends to give students a solid start to a successful financial future.

As the school year gets underway, students in grades 11-12 who are enrolled in the Finance Academy will be required to work in the center under the supervision of Tara Turner, Financial Center’s Director of Financial Literacy Programs, and Dave Stephens, Walker Career Center’s Finance Academy Teacher.

Students and teachers will be able to bank at the center during school hours. Students will be able to open checking and savings accounts and will have access to the center’s ATM with their parents’ permission.

“We are hoping to duplicate the success of the J. Everett Light student-run center at Walker Career Center,” said Tara Turner, Financial Center’s Director of Financial Literacy. “Today’s youth need more financial guidance than ever, and as a part of our credit union’s mission, Financial Center is committed to teaching students the importance of good money management.”

In addition to mentoring students through the center, Turner will be presenting financial literacy seminars to other classes at Walker Career Center and Warren Central High School with curriculum provided by the Family Economics and Financial Education Program and the National Endowment of Financial Education.

Financial Center has been offering free basic money management seminars for teenagers since 2005 and has been recognized by the Indiana Credit Union League for its commitment to financial education programs in the Indianapolis area.

About Financial Center: With over $362 million in assets, Financial Center has been providing financial services to the people who live, work, worship, attend school or volunteer in Marion County since 1953. Financial Center’s nine Marion County locations and its 145 employees deliver valued relationships and trusted solutions to nearly 37,000 member-owners worldwide.

Source: Finance Center Federal Credit Union