EDEN PRAIRIE, Minn.--Royal Credit Union (RCU) said it will open an in-school credit union branch at Eden Prairie High School (EPHS) in September 2015. The branch will be open select hours during the school day and will be staffed by Eden Prairie High School students enrolled in the Business & Marketing Intern Program, under the supervision of an RCU Community Financial Education Coordinator. RCU and EPHS are entering into a three-year agreement following a formal request for proposal process. In addition to providing an in-school credit union branch, Royal Credit Union will provide financial education resources to the school and will support financial capability through classroom collaborations with teachers.
“Royal Credit Union is pleased to enter into a partnership with Eden Prairie High School,” said RCU President/CEO Rudy Pereira. “Both organizations are committed to work together toward the common goal of improving financial capability and providing students with the hands-on experience of working for a financial institution.”
The RCU branch at Eden Prairie High School will be designed to function as a credit union and financial education center during the hours of operation and as a student community center when not in use as a financial. Casual seating, electronic device charging stations for student convenience and an area to conduct visual presentations will be installed. During branch hours, the technology will be used to demonstrate how the students can use RCU electronic channels to simplify their lives. The tellers will also offer financial education presentations, informal tips and useful knowledge to prepare the students for a successful financial future. Innovative, teller kiosks will be installed to process transactions that can’t be met with self-service channels.