Bank of Lancaster Recognizes LMS Students14-Jun-2013
Bank of Lancaster and Lancaster Middle School formed a partnership in 2007 to create the school bank program, “Bright Futures Bank.” The program is designed to address financial literacy standards of learning, and the school bank is staffed and operated by 7th and 8th grade students with supervision from Bank of Lancaster personnel. The banking partnership provides a model where students actively participate as bank managers, tellers and marketing agents.
Bright Futures School Bank, a partnership between Bank of Lancaster and Lancaster Middle School, closed for the 2012-2013 school year and will reopen in September 2013 for its 7th year of operation. Bank of Lancaster’s Tamara Hackett (l), who supervises the school bank each week, and Hazel Farmer (r), Senior Vice President and Consumer Education Director, were on hand closing day to recognize 8th grade students who have worked the school bank and to reward the 2012-2013 Top Savers. Top Savers for the school year were: Front row (l to r) Alyssa Booth, Noah Booth and Javian Robinson. 8th Grade school bank workers, who will move to high school in the fall, are: back row (l to r) Alora Tyson, Lindsey Brocklebank, Destiny Carter, Sha’Niya Taylor, Mary Frere. Also recognized was school bank coordinator, teacher Sue Forrester.
In May of this year, Bright Futures School Bank closed for the 2012-2013 school year and will reopen in September 2013 for its 7th year of operation. Hazel Farmer, the Bank’s Senior Vice President and Consumer Education Director, stated that Bank of Lancaster is pleased to have the opportunity to partner with Lancaster Middle School and congratulates and expresses appreciation to the school’s administration and staff for the support and work they have put into the program to make it a successful and rewarding educational endeavor for the LMS students.
Farmer states, “the seventh and eighth grade students who work the bank learn life lessons about the work world, including how to dress, the importance of being to work on time, how to greet and work with customers, and they are working on computers and balancing cash teller drawers. We are very proud of them. And for the students who bank with the school bank, they are learning the difference between a want and a need and the importance of saving. When children learn at an early age about personal money management, this lesson will serve them well as they mature and become adults. Through Bright Futures School Bank, we hope to increase awareness because the more informed these young people are, the better choices they will make.”
Periodically throughout the year, Bank of Lancaster rewards Top Savers. This recognition is for the number of times a student banks, not the dollar amount of the deposits. The 2012-2013 year-end Top Savers were Alyssa Booth, Noah Booth and Javian Robinson. The Bank also recognized LMS graduates who have worked the school bank for the past two years: Lindsey Brocklebank, Destiny Carter, Mary Frere, Sha’Niya Taylor and Alora Tyson. Also recognized was teacher Sue Forrester, who helped Farmer start the school bank program in 2007 and who each year has coordinated the school side of the program.
Farmer stated, “Bank of Lancaster looks forward to the continued partnership with LMS in September as Bright Futures will open for its 7th year of operation. This school bank program has received state and national recognition and has served as a model for school banks throughout the Country. We again express our appreciation to the administration, staff and students of Lancaster Middle School.”