View video of the RAM Credit Union's Grand Opening!
On Nov. 8, students at Harding University High School will open the doors to the school's first student-run bank, the Harding University RAM Metro Credit Union. Harding worked with Charlotte Metro Credit Union to develop the program, which follows models at the School of International Business and Communication Studies at Olympic High and Garinger High.
In all, 24 students will work as tellers, assistant branch managers and branch managers of the bank. Each of them submitted a formal application and interviewed with hiring managers from Charlotte Metro Credit Union. In weeks leading up to the opening, the students received training on their job-specific functions and the purpose of the credit union.
“There were a lot of new terms to learn,” said Roxana Arriaga, a senior who will work as a teller at the bank. “It’s a little overwhelming to think of all of the things we have to do,” said Jasmin Joyner, a freshman who will work as a branch manager. “We’ve had to learn a lot of life-skills through this process,” said Tiara Culp, a senior and head teller at the bank.
Beginning next week, bank employees will make real-life transactions and start bank accounts for any student, teacher, family member or friend of Harding. The bank will operate during lunch on Tuesdays and at special events at the school.
Aside from gaining life skills, the program works to educate students on financial literacy. “It’s different when you are responsible to buy things and manage money,” said Kayla Howard, a junior who will work as assistant branch manager. “You remember to take better care of things and learn how to balance your check book.”
“The staff and I are very excited to work with the students to open the bank,” said Brinda Locke, advisor to the program. “We have a great group of students leading this initiative. I look forward to watching the program grow with student interest.”