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FOR IMMEDIATE RELEASE

Treasurer Cowell Launches 2014 Financial Literacy Initiatives at Durham’s Hillside High

Treasurer cuts ribbon for student-run bank

Durham – State Treasurer Janet Cowell visited Hillside High School in Durham today to begin a year-long focus on financial literacy. While at Hillside, Treasurer Cowell joined students, teachers, administrative officers and county elected leaders to help open the school’s student-run bank. Since taking office, Treasurer Cowell has launched and supported a number of programs that offer financial counseling and education to citizens of all ages.

“Promoting financial literacy is a top priority for my office,” Cowell said. “This year, I’m looking forward to traveling the state to emphasize the importance of building better money management life skills and saving practices that will benefit North Carolinians from early childhood through retirement.”

At Hillside, Treasurer Cowell cut the ribbon on the Student Bank Training Center, a partnership between Hillside’s Business & Finance Academy and Woodforest National Bank. It is the Houston-based financial institution’s first partnership with a North Carolina public school.  The training center will provide hands-on bank skills training.  The bank will issue checking and savings accounts for Hillside students, staff and parents only.

“This student-run bank training center is an exciting opportunity to help students with sound money management skills, career-training skills, and mentoring opportunities,” Cowell said. She also presented a check from the state’s Unclaimed Property fund to the school for $500 as a first “deposit.”

This year, Treasurer Cowell will continue presenting the story of Patches the Pig, a pink piggy bank, to help explain the importance of saving money and tips for smart financial habits for children. In addition, she will champion six North Carolina schools competing in the Stock Market Game, play the Financial Football game with high school students, discuss student debt with college students, and focus on retirement readiness for North Carolina citizens.

Financial education is a critical focus for students of all ages. For more information about State Treasurer Cowell’s financial literacy initiatives, please visit www.NCTreasurer.com/FinancialLiteracy​

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Download High-Res Photo: Treasurer Janet Cowell cuts the ribbon at the opening of Hillside High School’s Student Bank Training Center