Holy Rosary Credit Union at the Richard W. Creteau Regional Technology Center

HRCU launced a branch of Holy Rosary Credit Union at the Richard W. Creteau Regional Technology Center in Fall 2006. Partnering with the Rochester School Department, HRCY developed a program to teach high school students how to work at and run a branch of the Credit Union. HRCU Inside HRCU at Spaulding revamped the former engine repair classroom to be a state-of-the-art credit union and classroom. The room, designed by Rainer Schwake of Artstream in Rochester, is bright and fun as well as functional and appeals to both high school age employees and members.

“ The Credit Union has always been interested in serving the youth of New Hampshire with many specialized accounts designed for savers and borrowers and a commitment to give thousands of dollars in college scholarships each year to deserving students,” said CEO, Brian Hughes. "The Spaulding High School branch is a wonderful opportunity for us to work with the youth in our community,“ Hughes continued, "and it will be a unique learning experience for the students." "Our research has shown that many credit union and bank branches in high schools do not operate as a center for education. That's where this branch differs. In addition to teller and members service functions, the Credit Union will have an ATM, a classroom with state of the art audio visuals, a computer lab and conference facilities for seminars. Our goal is to make this branch a destination for students to come and learn how to handle their finances responsibly. “

HRCU wanted to have a “teaching” branch that would introduce students to all aspects of banking. Working at the Credit Union will be the capstone course for this concentration. Together, we have developed a curriculum that introduces students to lending, marketing, accounting and other areas of the credit union business. Students learn to work in a business environment and how to interact with members, giving them valuable work experience. The branch is Leah Esslinger, an HRCU employee with over nine years of experience, who works in conjunction with Linda Crosby an experienced business teacher, with banking experience.

Above information taken from HRCU news letter http://www.hrcu.org/Jul_2006.pdf

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