How Will the Bank Operate?

Our plan is to operate in one of three potential spaces that have been identified by teaching staff and administrators at the school. This in-school branch will be open during lunches a minimum of two days a week based on what will work best for students, staff and their schedules. OlyFed will work in partnership with the school staff to ensure all the needed furnishings (desks, chairs, etc.), security equipment (cameras, safe, etc.), technology, office supplies, signage and marketing collateral are provided to successfully operate the branch.

Under the leadership of the Chehalis OlyFed banking team in partnership with Kristin Ciollli, CTE Teacher/DECA Advisor and Don Bunker, Assistant Principal/CTE Director, the branch will utilize student staff. Students working in the branch will gain real-world customer service experience along with money management skills, financial product knowledge, business operations, marketing and more. The OlyFed banking professionals will work hand-in-hand with the student employees to ensure they have the training, support and answers they need to be successful in their roles. Student employees will go through a similar training experience as the bank’s branch employees, learning about the regulations that govern operations and all the processes, procedures and banking systems that keep operations running smoothly.

Even better, students and staff will have access to financial services at the school to deposit checks, open accounts, get cash, get connected with online banking tools and resources and much more. Students will become more comfortable and knowledgeable with managing their money by having ease of access to a financial institution and by being able to connect peers with the skills, knowledge and resources to help. To ensure the security and privacy of student and staff financial information, branch employees will have restricted access to peer and faculty/administrator accounts.