The TEFCU Student Branch Program
TEFCU’s in-school branch internship program is a formal partnership between the credit union and the school for the support and enrichment of the education process. The program can be implemented in the Elementary, Middle and High School levels. The High School program will be essential to the Business and Finance or Accounting class as students are learning the fundamentals of Banking, Credit, Savings, Investments, and Money Management during the year.
The in-school branch will be open during lunch periods or after school on specific days within a school week as agreed upon by both the school and TEFCU for the upcoming school year.
The core of TEFCU’s in-school branch internship program is to teach financial literacy and encourage students to open and maintain savings accounts. Under the leadership and supervision of a Teacher/Liaison in the school, the school branch will form and elect student leaders to act as the Student Branch Manager, Assistant Branch Manager and Marketing Manager. The students will rotate working positions quarterly to provide each student a chance to learn leadership skills as well as team-building qualities. The elected Student Branch Manager and Assistant Branch Manager will be in charge of the daily credit union in-school branch operations. The student intern Marketing Manager will plan and implement monthly promotions and marketing campaigns to attract more students to open a savings account and utilize the student-run credit union branch.
Each student interns will be trained as a full-pledged teller and earn Student Service Learning hours. Through TEFCU’s in-school branch internship program, students are provided with opportunities for “Job Shadowing” Days, paid summer internships, guest speakers, scholarships, “real world working experience”, employment opportunities, and financial literacy projects. TEFCU will also support the school by providing speakers and presenters, financial literature and by participating in school functions and activities such as Back-to-School night, Freshman Orientation, Academy Day, PTSA meetings, school fair, Career Days, and sporting events.
If you want to get involved, call our office at (202) 832-5100. We may be able to talk to your school and see if they would be interested in partnering with TEFCU. Together, we can make it happen.