Mohon bank pays off in financial experience

Students at Mohonasen High School needn't go further than their lockers to pay for their first car loan.

Our main goal is to encourage taking an active role in their finances, said business education teacher and Career Exploration Internship Program coordinator Susan Braiman.

The First New York Warrior Branch in Mohonasen High School was re-opened Friday, Oct. 9, after being closed for the summer. Used by faculty and students, the Warrior Branch is a fully functioning First New York banking branch that deals with cashing checks, loan payments and withdrawals. Students are able to take out $30 per week on Fridays from 11 a.m. to 12:30 p.m. and can also intern at the branch for credit toward the Career Exploration Internship Program.

"I took Mrs. Braiman's class on accounting, but this taught me more about banking," said senior Nalini Shiwsankar.

Shiwsankar has worked in the bank as a volunteer for three years as a part of the internship program

"I gained more responsibilities, showing up on time, handling money, seeing my peers and telling them about the bank," said Shiwsankar.

"She is one of my most reliable employees," says Braiman. "This is her third year participating at the branch, and she has been an outstanding intern. She's very friendly and personal to the members that come in and has just done a wonderful job."

Students who volunteer their time at the bank gain credit for their work and are also eligible for scholarships and job opportunities through First New York Federal Credit Union upon graduation from high school. From a curriculum standpoint, students who work at the bank are former accounting students, like Shiwsankar, who showed an interest in banking.

"First New York will often employ students to the credit union after graduation if they are interested," said Braiman. "They have a track record and previous experience. They would still have to go through more training to be in a regular branch, but they have an established employment history with the union."

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