The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. There are no guarantees that working with an adviser will yield positive returns. Find local Capital One Bank branch and ATM locations in Arkansas, United States with addresses, opening hours, phone numbers, directions, and more using our interactive map and up-to-date information. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). All investing involves risk, including loss of principal. This is not an offer to buy or sell any security or interest. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. SmartAsset does not review the ongoing performance of any RIA/IAR, participate in the management of any user’s account by an RIA/IAR or provide advice regarding specific investments. SmartAsset’s services are limited to referring users to third party registered investment advisers and/or investment adviser representatives (“RIA/IARs”) that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Securities and Exchange Commission as an investment adviser. ![]() “You need to network, you need to be well-spoken, you need to be well-dressed - all the soft skills that we look for in business,” Bistransin said.SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Explore our checking and savings accounts, Visa credit cards, and loans for individuals and businesses. The school system will be looking for other ways to provide guidance to students to ensure they’re financially empowered and prepared to enter careers. Capital Credit Union proudly serves members in ND. “I have several of my (former in-school) bankers who are still working for Capital One and several of them have moved up in the ranks.”īistransin is now the financial education and empowerment coordinator for Prince George’s County Public Schools. “The impetus for the program was not training you to be a bank teller, it was giving you the transferable skills to be successful in life,” said Bistransin. The statement did not describe potential future partnerships.īistransin said the decision was disappointing because the program provided valuable experience. “After assessing our student bank branch program, we realized that despite the program’s positive impact, there is opportunity to re-envision our approach to reach an even broader audience in these school communities,” the company wrote in a statement to the WBJ. Now, Capital One has determined the in-school branches won’t reopen, reports the Washington Business Journal. “When the school shut down, the bank obviously couldn’t operate,” said Bistransin. In 2020, the coronavirus pandemic arrived. “The tagline for the bank was, ‘You can open a savings account with a dollar and your student ID,'” said Bistransin. The school-based banks were popular with students who opened and maintained accounts, as well as student tellers. “It was set up exactly like the branch - it had the FDIC signs and everything.” “Capital One was a real bank at Parkdale High School,” said Bistransin. In addition to the Parkdale location, Capital One had three branches at schools in New York and New Jersey. ![]() “During their senior year, they would operate the in-school branch that Capital One built and provided at each school.”Ĭapital One employees served as managers at the in-school banks, which were open for limited hours during the school day, and whose customers were limited to on-site students, teachers and staff. “The prototype they set for us: they would hire 10 high school seniors in the spring of their junior year, spend the summer training them to work as tellers and to give them professional development,” said Susan Bistransin, the instructor who supervised Parkdale High School’s student workers. In honor of Juneteenth, our branches and offices will be closed Monday. Students at Parkdale High School in Riverdale, Maryland, can no longer open a Capital One bank account on their way to the cafeteria.Ĭapital One built a new branch within the Prince George’s County public school in 2014, staffed by 10 student interns, as a way to increase financial literacy and prepare students for success in their future careers. At Capital One, were on a mission to change banking for good by offering great. ![]() Business & Finance Click to expand menu.
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