PRESENTED BY • Debbie Fischer – Director, Center of Finance – Northeast High School • Janice Mobley – Team Teacher – Northeast High School • Debbie Rogers – Vice President of Administration – Pinellas County Teachers Credit Union
Dec 18, 2015
PRESENTED BY• Debbie Fischer
– Director, Center of Finance– Northeast High School
• Janice Mobley– Team Teacher– Northeast High School
• Debbie Rogers– Vice President of Administration– Pinellas County Teachers Credit Union
From Start To FinishA Credit Union
On CampusIs Born
Northeast High School
TAMPA BAY SPORTS
AGENDA
• How To Develop A Credit Union
• Tools & Materials
• Final Thoughts
• Questions/Answers
GOALDevelop a strong
business partnership to create your own student-run credit
union
Administrative Support
• Involve from the beginning
• Share enthusiasm
• Provide support over obstacles
• Provide liaison
SELLING THE PROGRAM
SPECIFIC NEEDS
• Mentoring• Job shadowing• Tutoring• Internships
STEPS TO BUILD YOUR BUSINESS PARTNER BASE
• Define your potential base of business partners• Recruit your business partners• Organize your advisory board• Define the business partners’ roles and
responsibilities• Develop an activities calendar • Recruit business partners into the classroom• Recruit business partners to provide field trip sites
Steps To Build Your Business Partner Base
• Recruit business partners as mentors• Develop formal partnerships with organizations• Make your local college a business partner• Respond to any business partner concern• Publicize your business partner activities• Continually expand your business partner contacts• Value your business partners
Developing The Vision
Determine the business opportunity/business partner that best fits your program
Step 1
Step 2
Interview and meet with potential business partners. Present your ideas and include the
benefits to all parties involvedStudents
School
Business partners
Community
THE STUDENT-RUN PROJECT
• Site visits
• Search web
• Network with teachers
• Attend conferences
• Involve business partners
Step 3
• Determine the best location/classroom for the student-run business.
Step 4
• Name your business and create a new logo. Be sure to include– Program Director– Business Partner– Students
PCTCU Viking Branch
Step 5
Create a business plan between the school
and business partner.
Student Benefits• Train with professionals• Provide opportunity to learn management skills • Become one of a very small select group• Experience hands on opportunities • Develop actual work experience • Learn procedures used in the finance industry• Create teamwork atmosphere• Improve communication skills• Enhance self esteem• Foster school spirit
Staffing
• Manager• Assistant Manager• Head Teller• 4 Tellers• 3 Member Service Advisors• Receptionist• 3 Auditors• 6 Marketing
Staffing
• Job descriptions
• Employee handbook
Products & Services• Limited Service
– Loans– IRAs
• Full Service– Savings accounts– Club accounts– Checking accounts– ATM cards– Certificates of deposit– Teen Accounts
• Procedures Manual
Training
Auditing
• Transactions
• New accounts
• ATM cards
• Checks
• Teller cash
• Vault cash
Marketing
• In-school branch marketing• Marketing materials• Advertising• Direct mail• Promotions• Giveaway items• Signage• Displays• Outside school marketing
Security
Business Plan
• Legal notifications
• Contacts
• Signatures/approval
• Ongoing operational responsibilities
THE VIKING BRANCH PROJECT
Computers & technologyBenefits to studentsTrainingAuditingMarketingStaffingServiceLegal notificationsStorage of supplies
FurnitureElectricalDesignEquipmentWiringLightingFixturesSecurityCamerasFacility
Step 6
• Contact businesses throughout the community for donations and assistance in the set-up of your student-run business.
Step 7
• Consider a ribbon-cutting and/or open house and invite everyone involved in the process.– School faculty– Students– School administrators– Business partners– Chamber of Commerce
Ribbon Cutting Ceremony
Program Structure
• Classroom Credit
• Student Trainers
• Paid Internships
• Team Meetings
• College Articulation
MULTIMEDIA PRESENTATION
• See the Viking Branch in action
Results of the Project
• Working as a team • Coming to class• Providing additional assistance• Improving attendance and class participation• Providing school wide financial literacy• Display positive professional image• Display positive behavior
DISTRIBUTION OF MATERIALS
• Brochures– Business Partners– Center of Finance– Viking Branch Credit Union
• Check List• Business Partner Introductory Letter• Steps to Build Your Business Partner Base• Sample letters
ANY QUESTIONS?
Debbie Fischer• 727-570-3138, ext. 1021• [email protected]
Janice Mobley• 727-570-3138, ext. 1113• [email protected]
Debbie Rogers• 727-431-7304• [email protected]
Need Help - Contact