New mobile Alpine Bank branch is open for business
YouthEntity Alpine Bank is now open and servicing students in the Colorado River and Roaring Fork valleys. The new mobile branch marks Alpine Bank’s newest branch expansion on the Western Slope. The FDIC approved Alpine Bank in February to operate a mobile branch out of the Roaring Fork and Colorado River Valley nonprofit YouthEntity, student center at the Bridges High School building in Carbondale, Colo. The new branch collaboration provides hands-on financial literacy enrichment in a real-world learning environment.
YouthEntity Alpine Bank is the only nonprofit-financial institution collaboration of its kind on the Western Slope. The partnership works by encouraging students in grades 4-12 to attend financial workshops appropriate to their age and grade level. Workshops for late elementary through early middle school students began April 2010 and featured DVDs of students teaching students money and banking skills accompanied by workbooks. Laptop computers, video iPods and gaming PCs support the students as they learn during the workshops. Once students complete the workshop, and pass the financial capability exam, they earn a cash reward in which they may open up a special student savings or checking account with Alpine Bank. Funding for the cash awards is provided by donors from the community. YouthEntity Executive Director Kirsten Petre-McDaniel states, “As a graduate of our ‘I am financial knowledge.’ program, students will not only be more financially capable than many adults, they will have a great foundation to continue their financial education through other YouthEntity programs such as the Investment Challenge.” YouthEntity developed the curriculum based on financial literacy standards and best practices set forth by the Colorado JumpStart® Coalition, a national financial literacy coalition that provides resources, materials, and support to Colorado organizations wishing to promote and who are dedicated to financial literacy and financial responsibility. The curriculum was also developed by partnering with students from area schools in the Roaring Fork Valley to ensure it was relative to their school studies and the workshops are hands-on and fun to learn.
Ian Bays, Alpine Bank Carbondale Vice President, comments, “By partnering with YouthEntity to bring Alpine Bank’s products to a new generation of consumers in an educational setting, we not only give young community members the tools and the knowledge to prepare for the future, but also the ability to become more financially literate members of society. Alpine Bank has a long history of supporting education, youth, and youth nonprofits through scholarships, our Education Loyalty Card, Pays for A’s program, and volunteer efforts of our employee-owners. This effort is another way we can continue to help our youth become successful.” The Bank is scheduled for regular hours of operation in the fall to accommodate students heading back to school. Schools, teachers, parents and students who are interested in attending a class or workshop can contact Kirsten McDaniel at firstname.lastname@example.org for more information.
Computers for Kids Foundation dba YouthEntity is a 501(c)(3) organization in Carbondale, Colorado. We empower youth to discover their potential through real-world learning experiences that build technological skills, cultivate business experience and develop financial knowledge.
Alpine Bank is a $2.7 billion asset organization chartered in 1973 with headquarters in Glenwood Springs, Colo. With 37 western and southwestern Colorado banking offices, Alpine Bank serves over 120,000 customers providing retail, business, trust, asset management, mortgage, and electronic banking services.
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