HENRICO COUNTY, Va. (WRIC) — Dozens of Central Virginia high school seniors shadowed bankers Tuesday as part of Virginia’s ‘Bank Day.’
Essex Bank is just one of several banks that hosted students. Throughout the day, they learned about banking, money management, financial services, and the role banks play in communities. They also learned about the Federal Reserve System and the importance of good credit.
“The thing that I most benefited from today is that credit is very important to have,” said J.R. Tucker senior Serienna Lawrence. “If you don’t have good credit, you’re not going to be able to take out a mortgage, you’re not going to be able to take out a car loan, and credit kind of follows you throughout your life as well.”
Students will write essays on their ‘Bank Day’ experiences. One student will win a $5,000 scholarship, six students will win $2,500 scholarships, and six students will win $1,000 honorable mention scholarships.
More than 350 students participated in ‘Bank Day’ this year at more than 30 banks across Virginia.
In 1991, the General Assembly declared the third Tuesday in March ‘Bank Day.”