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Office of Communications
Last modified: 12/10/2012 6:59:36 PM
News Release

Congressman Steny Hoyer Visits Parkdale High School’s Capital One Student Bank Branch
December 7, 2012
For Immediate Release
CONTACT:
Office of Communications
301-952-6001
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RIVERDALE, MD – Congressman Steny Hoyer toured Parkdale High School’s Capital One student-run bank branch program and held a discussion with students about the importance of financial literacy. The Capital One bank branch program focuses of academic achievement and provides high school seniors with critical life skills, job training and financial literacy training they are able to pass back to their peers and community.

“Financial literacy is so critical for all people,” said Hoyer. “If young people are educated to financial awareness early on, they won’t be subject to the fraud that so many of our seniors are subjected to since they don’t understand.”

Hoyer encouraged students to share their experience and to educate their communities, families and peers about the importance of money management skills.

“It’s an incredibly selective program,” said Celia Edwards Karam, Market President Capital One Bank for Washington, DC and Prince George’s County. We had a little more than 100 applicants for this class and they submitted resumes, cover letters and an essay of why they would like to be selected into the program.”

Once the application process is complete, Capital One chooses between 10 to 12 student bankers to staff the program each year. The program has helped students develop career awareness, connect with industry professionals and acquire on the job training as professional bankers.

“My initial interest in joining the program was to help our fellow peers,” said Daniel Osorio, Senior at Parkdale High School. “I think this program will help me choose a career, and if I will continue my career choice in becoming an accountant or managing my own business.”


In 2011, the Parkdale High School branch became the first Capital One student-run bank branch in the Greater Washington area, and the fourth school branch opened by Capital One since 2007.


Click here to view photos.

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About PGCPS: Prince George’s County Public Schools (PGCPS) is one on the nation’s 25 largest school districts, with 208 schools and centers, more than 127,000 students, and nearly 22,800 employees. With an annual budget of $1.79 billion, the district serves a diverse student population from urban, suburban, and rural communities. PGCPS offers a wide variety of innovative academic programs, including language immersion, high school career academies, and dual enrollment. Its location just outside of Washington, D.C. enables the district to partner with higher education and local and national agencies and businesses to provide unique learning opportunities for students.