Banking the Charger Way

Jake Reece, Mark Murphy, and Micheal Lobred looking over notes and loan paperwork.

Ethan Neutz

Jake Reece, Mark Murphy, and Micheal Lobred looking over notes and loan paperwork.

Zach Combest, Business Editor

Charger Bank is having a breakthrough opening year.

Since the Charger Bank reopened its doors, it has had positive feedback from students and faculty.

Daniel Rock’s business class has been running the Charger Bank for the first time since it was eliminated in 2010. With the leadership of CEO Zachary Taylor, senior, and President Mark Murphy, junior, the Charger Bank has been making strides. There has been a positive response to the new bank, that is sponsored by the People’s bank of Mount Washington, and many students and even staff members have opened accounts.

From 1992 to 2010, there was a bank at Bullitt East. Bringing the school bank back this year was exciting, but also new for many business students like Taylor. “At first I didn’t know that we had a school bank since it closed before I enrolled at BE. I’m glad that we are able to carry on a tradition that had been a part of our school for many years,” said Taylor. The bank had high expectations and many people wondered how it would do. The Charger bank is student ran and this benefits the students in many ways.

“Charger Bank has been incredibly beneficial for my life because I had no background in banking or financial service, but now, I know most of what there is to know about banking. Mr. Rock has done an incredible job as a facilitator and teacher for the Charger Bank and I have learned an incredible amount from him,” said Murphy.

Since the grand opening at the beginning of the school year, the Charger Bank has made a big impact on the school and business class. The bank has introduced new games like the hoop challenge for their customers; just another way to get more people to open an account with them and have a little fun while doing so. “The bank is doing great thanks to the teachers, students, and staff at Bullitt East who make it a successful establishment. At the beginning of this year we didn’t really know what to expect because there had not been a bank at Bullitt East in several years and our community has grown exponentially since that time,” said Taylor.  

Students has responded to the Charger Bank in a positive way. Many students and teachers have already opened an account. “For the most part the students have been pretty ecstatic about the bank seeing it as a way to save and learn. However, just like in life you can not please everyone,” said Taylor. Students and staff can open a savings account and take out loans. The Charger Bank is located in the cafeteria and their location has made banking convenient for the students.

“The bank gives an opportunity for students and teachers who otherwise wouldn’t have a chance. The Charger Bank is a convenience to students and staff. If a student or teacher didn’t have money for lunch they can come to us for a loan, so they can eat. Also we can give out personal loans that help students and staff in other ways. For example, we were able to give out loans for the student/teacher basketball game,” said Taylor

People who bank with Charger Bank has been pleased with the turnout and friendly service. Senior Brooke Stivers has an account with the Charger Bank. “I like the Charger Bank! I think it’s a really good way to teach young people how to save money early,” said Stivers.  

“I think the bank will not only continue, but absolutely flourish as we go. We have already greatly increased our size and efficiency. The goal is to get as many students and faculty to be involved with Charger Bank,” said Murphy. Only time will tell if the Charger Bank will last the distance and start a new level of banking at Bullitt East.