BayPort Federal Credit Union is coming to Gloucester High School. The board approved the on-campus credit union during its work session last Thursday at the T.C. Walker Education Center.

“The bottom line is we want to improve financial literacy,” said Kris Moore, who works with BayPort’s student-run credit unions. BayPort has student-run credit unions in Heritage, Kecoughtan, Warhill and York high schools.
Moore said GHS would be among the three or four high school credit unions BayPort will open in September. BayPort is also starting banking programs in middle and elementary schools next fall.

At GHS, Moore said Bayport would set up a four-by-eight-foot kiosk that will be staffed by four student tellers. The credit union would be open daily during lunch blocks and its operations would be overseen by two GHS faculty members, with start-up and follow-up oversight by Moore. The students and faculty advisors would be compensated by BayPort for their work.

The business...