Student-Run Credit Union Branches Are Designed to Develop Strong Financial Management Skills
KISSIMMEE (April 30, 2024) – Addition Financial Credit Union and the School District of Osceola County announced an expansion of their High School Branch Program partnership, with plans to open a student-run Addition Financial branch at Osceola High School.
Addition Financial’s High School Branch Program is designed to introduce young people to financial literacy and money management skills. The credit union will provide full training to Osceola High School students who are accepted into the program and will prepare them to fully staff and run the credit union branch, to be located on the Osceola High School campus.
The branch, scheduled to open during the 2024-2025 school year, will be Addition Financial’s 11th high school branch in Central Florida, and the 3rd in Osceola County.
“The two existing branches at Poinciana and St. Cloud High Schools have proven instrumental in equipping our students with invaluable financial literacy skills and laying a strong foundation for their future careers,” said Dr. Mark Shanoff, Superintendent of the Osceola School District. “Our school district is excited that Addition Financial is expanding the program to Osceola High School as we work to ensure every student is future ready.”
Addition Financial’s high school branches are run by the high school tellers and conduct transactions just as tellers would in a traditional branch setting. Some student tellers become full-time Addition Financial team members upon graduation and are eligible for exclusive scholarships.
“Teachers founded our credit union more than 85 years ago, and we are proud to honor that commitment by supporting students and education today,” said Kevin Miller, President and CEO of Addition Financial. “Giving students a hands-on opportunity to understand how financial institutions operate helps serve our mission to bring financial education and success to everyone.”
For more information on Addition Financial’s High School Partnerships, go to additionfi.com/partnerships/high-school.
About Addition Financial Credit Union:
Addition Financial Credit Union is a trusted banking and financial education partner that members of the Central Florida community rely on to help them along their financial journey. Founded in 1937, Addition Financial is a not-for-profit financial cooperative headquartered in Lake Mary, Florida with more than $2.9 billion in total assets. As a member-owned credit union, Addition Financial puts the financial well-being of its more than 179,000 members at the heart of everything it does. With 26 full-service branches, 10 student-run high school branches, and financial products designed to provide better saving and loan rates and lower fees, Addition Financial is constantly growing and evolving to meet the needs of its members. Addition Financial is the Official Financial Institution of the UCF Knights and owns the naming rights of the Addition Financial Arena on the University of Central Florida campus. Newsweek named Addition Financial as one of the “Best Credit Unions for 2024.” For more information, visit AdditionFi.com.