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Press Release


RMHS Retail Banking Students Attend MSBA Competitions at Federal Reserve Bank in Boston


READING, MA- On Tuesday, April 2, Reading Memorial High School students from the Retail Banking course competed in the annual Massachusetts School Banking Association (MSBA) competition at the Federal Reserve Bank in Boston. Two students won the essay contest for their essays around the topic of Planning for Success Through Financial Literacy, which asked students to provide three examples of financial literacy/education within their community and explain the benefits of each. Twenty-four schools participated in the MSBA competitions with four essay winners selected receiving a certificate of achievement and a check for $100.00. The two Retail Banking winners from RMHS were Thomas Moylan (Grade 11) winning for his essay titled, Navigating the Financial Sea, and Sophia Kalogeris (Grade 10) winning for her essay, Forseeing a Financial Future in Your Community. Congratulations to Thomas and Sophia!

The Reading Co-operative Bank educational office is in its fifth year at RMHS and partners with the Business and Technology Department to offer the Retail Banking Course. The semester course is designed to offer students practical experience interacting with the public by processing various bank transactions with emphasis on responsibility, confidentiality, security, accountability, and accuracy. Students will also participate in bank related community service and/or outreach programs, as well as, gain financial literacy knowledge.

Reading Co-operative Bank is a dynamic, 21st-century community bank, founded in 1886 on the principle that profit and growth go hand-in-hand with responsible banking and service to the community. They are a 5-star bank that is rated in the top 7% of banks in the country for overall financial condition by Bauer Financial. Customer Service Specialists can be reached at 781.942.5000, or by visiting one of the locations in Reading, North Reading, Wilmington, Woburn and now in Andover and Burlington.



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