2002-06-15 / Community

Banking Program at Beach Channel High

Banking Program at Beach Channel High

Five branch managers from North Fork Bank, including both from the Rockaway peninsula, recently completed a banking/life skills program at Beach Channel High School.

Four classes, which were chosen by the school, consisting of sophomores and juniors, were taught every Wednesday for 13 weeks.

The premise of the program was to give students information about banking and teach them how banks can help them with their personal finances in the future.

Additionally, aspects such as credit, investing for the future, home ownership and budgeting were highlighted. The main focus was to give the students insight on these topics that are sometimes taken for granted, or are sometimes learned the hard way as they prepare for college and begin to start their own financial responsibilities.

Students were shown how to put themselves on a budget, the importance of creating goals such as owning a home and putting together a savings/investing plan to achieve their goals. There was also an emphasis of using credit wisely, the costs involved with credit and the importance of protecting their credit rating from a young age.

Bernard Gassaway, principal of Beach Channel High School, along with Juanita Butcher, Assistant Principal, showed their appreciation by throwing a breakfast party at the conclusion of the program. Students, that were identified by their teachers for their participation during the program, and who "dressed for success" during class days were also invited to the party.

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