What is a Student Branch Program?
A fully functioning extension of the Ingersoll-Rand Federal Credit Union within the Waverly High School
The branch would be run by students under the guidance of IRFCU employees. These students are held to the same high standards as tenured employees.
Students are expected to complete the same tasks as the employees at the main IRFCU Branch. This includes transactions, strategic planning, educating their peers and more. They will gain invaluable experience and knowledge through this work.
The intent of the Student Branch Program is to ensure that students know not only the many benefits of financial services, but also the many dangers involved with not being able to adequately handle ones finances. This joint effort between the school district and credit union will develop the necessary skills for students to use throughout their lives. The Program is also intended to teach students the basic principles and practices of the financial services industry–banking and credit unions. Students will be given the opportunity to gain hands-on work experience by working at either the high school branch and/or in a cooperative work program at the main IRFCU Branch. They will receive training in all credit union operations while learning specific job skills. This program offers students an opportunity to learn, participate and work with confidence along side credit union professionals.
- Expand student knowledge of financial services, processes, and products.
- Assist students with obtaining financial accounts in a controlled environment.
- Educate students on responsibly handling financial accounts.
- Educate students on the topic of credit and the importance of a credit score.
- Provide an awareness of professionalism needed in a workplace.
- Instill work ethic while improving interpersonal skills.
- Improve communication skills.