Students learn about money management through school-based banks

06/4/2014 | National Public Radio

Hundreds of student-run bank branches now are open in schools across the U.S., training student-bankers to handle real accounts belonging to students, teachers and parents. "I thought the innovation of the student-run bank would be something that fits into our mission of college-ready, career-prepared graduates," said Monica Garcia, board member of the Los Angeles Unified School District. Three student-operated banks in California are located in low-income neighborhoods to reach communities that may manage finances outside of the banking system.

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