Budding entrepreneurs help launch
credit union branch at Albany High
ALBANY, N.Y. (March
8, 2012) -- The credit union at Albany High School is officially in
The Falcon Branch of First New York Federal Credit
Union -- so named for Albany High's mascot, the
falcon -- enrolled its first customers Thursday at
its location in the Parent Resource Center. (Click
here to see YNN's coverage of the event.)
Staffed by student volunteers, the branch will be open
Thursdays during the school's four lunch periods.
The student volunteers will be overseen by staff
mentors and a manager of the credit union's Albany
branch, an Albany High grad herself.
As an opening-day draw, First New York gave $5 to
every student and staff members that opened an
account. The goal of the school-based credit union
branch is to empower students to save, manage and be
responsible for their own money.
The opening was marked with a ribbon-cutting
ceremony and reception. The celebration coincides
with the credit union's 75th anniversary this month.
The mission of the City School District of
Albany is to educate and nurture all students to be
responsible citizens, critical thinkers and lifelong learners to
successfully compete in the global community by providing an
academically rigorous and safe environment in partnership with parents,
students and the community. The district serves about 8,700
students in 15
elementary, middle and high schools. In addition to neighborhood
schools, the district includes several magnet schools and programs, as
well as other innovative academic opportunities for students,
including four themed academies at Albany High