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Continued: Tartan High School's in-school credit union targets student savers

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Last update: February 20, 2013 - 9:18 PM

Spreiter said he’s wanted to do a bank or credit union branch for years since financial literacy is a cornerstone of what he teaches. He approached PCU with the plan last spring because he’s a member and because PCU has worked with the DECA program for years providing student internships.

So far, results are promising.

According to Marc Buchmayer, an 11th-grader who works at the in-school credit union, students are very interested and he passes out a lot of brochures and applications. But students are required to have a parent or guardian cosign, and getting students to return the paperwork is a challenge.

“They tend to forget about it,” he said.

 

Jennifer Bjorhus • 612-673-4683

 

  • related content

  • At Postal Credit Union’s branch at Tartan High School in Oakdale, students Geneva Eilertson and Marc Buchmayer tried to convince Elijah McGeehan, right, to open an account. The branch has its own automated teller machine, but no credit cards, just debit cards.

  • Postal Credit Union has opened a credit union for students at Tartan High School, run by three students inWhat’s the most popular feature? The 2 percent CD it offers -- that’s generating a lot of buzz, but not among the students, the parents. ]rtsong-taatarii@startribune.com

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