In 2020, the coronavirus pandemic arrived. “The tagline for the bank was, ‘You can open a savings account with a dollar and your student ID,'” said Bistransin. The school-based banks were popular with students who opened and maintained accounts, as well as student tellers. “It was set up exactly like the branch - it had the FDIC signs and everything.” “Capital One was a real bank at Parkdale High School,” said Bistransin. In addition to the Parkdale location, Capital One had three branches at schools in New York and New Jersey. “During their senior year, they would operate the in-school branch that Capital One built and provided at each school.”Ĭapital One employees served as managers at the in-school banks, which were open for limited hours during the school day, and whose customers were limited to on-site students, teachers and staff. “The prototype they set for us: they would hire 10 high school seniors in the spring of their junior year, spend the summer training them to work as tellers and to give them professional development,” said Susan Bistransin, the instructor who supervised Parkdale High School’s student workers. Students at Parkdale High School in Riverdale, Maryland, can no longer open a Capital One bank account on their way to the cafeteria.Ĭapital One built a new branch within the Prince George’s County public school in 2014, staffed by 10 student interns, as a way to increase financial literacy and prepare students for success in their future careers. Business & Finance Click to expand menu.
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