Royal Credit Union
Eden Prairie High School’s student-run credit union branch located in The Perch, was created in partnership between Royal Credit Union and Eden Prairie Schools. The unique, multi-functional design offers use of the space as a credit union during hours of operation and a contemporary gathering space for students when the financial institution is not in use. Select Eden Prairie High School students enrolled in the Senior Intern program staff the credit union along with a Royal Credit Union Supervisor. Students and staff of Eden Prairie High School are able to conduct common financial transactions such as deposits and withdrawals. Royal Credit Union in The Perch is open Monday, Wednesday, and Friday during third period (approximately 11 a.m to 1 p.m.).
In addition to encouraging saving and providing convenient access for staff and students, Royal Credit Union offers financial education in the classrooms and the community. Team members present educational sessions throughout the school year on topics including saving, budgeting and preparing for college.
Royal Credit Union is a not-for-profit, federally insured credit union serving over 200,000 members across Minnesota and Wisconsin. Currently, Royal has 29 school sites at the elementary, middle and high school level. In addition to 22 branch locations, Royal is part of the Co-Op Shared Branching Network, giving members access to more than 5,600 branches across the country.
Royal Credit Union is located in The Perch and is open to all students Monday, Wednesday, and Friday during third period. Students can do banking, work on homework or participate in the many promotions put on by the student marketing interns and tellers. As a bonus to encourage saving, Royal offers incentives for every deposit.
Royal Credit Union offers six internships each year to seniors in the Senior Intern Program. Students who work for Royal Credit Union receive a competitive wage, EPHS school credits, as well as a great professional opportunity to gain job experience. Students work during third period throughout the school year. If you’re interested in applying, please speak to a Royal Credit Union team member in The Perch during third hour.
To become a member of the credit union apply online at rcu.org, complete an application at The Perch or call 1-800-341-9911.
Eden Prairie Schools’ staff is welcome to open a Royal Credit Union account in The Perch. Hours of operation are Monday, Wednesday, and Friday during third period (approximately 11 a.m. to 1 p.m.). Royal team members and interns are also available to present to classrooms on a variety of financial education topics. To learn about these opportunities stop by the Perch during third period or contact Brittany O'Malley, Royal's EPHS Financial Education Supervisor.
In addition to Royal’s team members and student interns teaching financial literacy in and out of the classrooms throughout the school, the convenient location in Eden Prairie High School gives students a special experience learning about their own money first-hand.
Although it is recommended, parents do not need to be joint on an account; however, they do need to give permission to open a minor account in their own name. Whether students start with a savings account or add a checking account with a debit card, Royal will guide students as they learn the basics of finance to avoid financial mishaps later on. To help your student get started, Royal Credit Union will deposit the first $5 in a new account.
To open an account, apply online at rcu.org, complete a paper application at Royal Credit Union in The Perch, call 1-800-341-9911, or visit Royal Credit Union at 4450 West 76th Street in Edina.
Interns: Royal team members are trained and paid by Royal Credit Union. It gives them the opportunity to work in a professional environment, during school hours. The interns are also trained on financial services, products and basic industry education that they can pass along to fellow students
Students: Research shows students who get into the routine of saving at an early age are more likely to continue that habit for life. Royal Credit Union will deposit the first $5 in a new member savings account opened by an EPHS student.
Staff: Staff members working in schools with an on-campus credit union enjoy the convenience of having access to their accounts where they work.
Royal Credit Union
4450 W 76th St.
Edina, MN 55435
Brittany O’Malley – Royal Credit Union
Financial Education Supervisor
Shelly Streich – Eden Prairie High School
EPHS Business & Marketing Intern Coordinator
Financial Education Requests
Contact Brittany O'Malley at Brittania.firstname.lastname@example.org