ORANGE PARK, Fla. -- It looks like a typical credit union, but this one is different. It is inside a high school, Orange Park High School to be exact.
VyStar Credit Union is cutting the ribbon on its 6th branch to open inside a high school. It is fully run by students to teach skills like financial literacy, job training and how to run a business.
"It is to help students prepare for the future because they are our future," tells VyStar Credit Union CEO & President Terry West.
The students working in the branch are trained as interns all summer, even getting paid $10 an hour.
"Seeing that paycheck every two weeks was amazing," says senior Anthony Soodeen with a smile.
Soodeen and his peers also picked up some important lessons about money during their internships.
"I learned that you put at least 3% in your savings account, every single pay check you get just in case and you get a 401K," tells Soodeen.
So everyday at 5th period the trained students will be helping their fellow peers make smart choices, start saving and hopefully stay out of debt after they graduate and head to college.
"They are thinking more 'I didn't know this was involved when I get a credit card' and 'how could I accidentally get in trouble with that', so we really think it will help them throughout their lives," tells West.
Currently there are two locations at high schools in St. Johns County, Duval County and now Clay County.
First Coast News