|CMS students learn dollars and cents with US Bank internships|
|Partnership with Urban League of Central Carolinas|
|Published Sunday, October 6, 2019 12:58 pm|
|URBAN LEAGUE OF CENTRAL CAROLINAS|
|Urban League President Teddy McDaniel, from left, Madysen Reign Scott, Chad Lockard, Azriel Crank, Courtney Darden, Laia Garland, Maxine Swayne of US Bank, and Deidra Sheppard-Calloway.|
Ten Charlotte-Mecklenburg students learned about the financial services industry and career options through a three-month internship.
The Urban League of Central Carolinas and U.S. Bank’s Summer Banking Institute High School Internship Program expanded the students’ social capital and aligns with Leading on Opportunity strategies by leveraging nonprofit and community resources to support college and career advising.
“My high school internship program deeply influenced my development and career choice,” said Urban League President and CEO Teddy McDaniel, who was inspired by an experience participated in as a high school student in Columbus, Ohio. “And given Charlotte’s issues with economic mobility, I wanted to provide an opportunity for students in the Charlotte area that increased their social capital while helping them explore postsecondary options. In talking with U.S. Bank, I learned that they had similar goals and were working on a program and we decided to partner.”
Two groups of five students worked three days a week over the summer with non-traditional U.S. Bank teams:
• Technology and operations services;
• Risk and compliance;
• Portfolio credit and underwriting;
• Wealth management;
• Finance liquidity management; and
• Human resources, strategy and corporate affairs
“I want to work in accounting and finance and this program gave me tremendous exposure and helped me understand what to expect,” said Azriel Crank, a senior at South Mecklenburg High School.
Even for students who aren’t into financial services, like Cato Middle College senior Diara Meadows, the internship aligned with her career interest in law.
“I developed a love for financial crimes working in the Consumer Banking and Corporate Division,” she said.
The four-week program provided high school seniors a paid internship and real-world experience in banking and finance most students don’t get.
“At U.S. Bank, we invest our hearts and minds to power human potential,” said Maxine Swayne, the company’s senior vice president of strategy, human resources and corporate affairs. “We are constantly looking for partnerships that mirror our customers and employees. As a leading national African American organization with a focus on education and empowerment, the Urban League made a great partner.”
In addition to working in non-traditional bank areas and gaining expert knowledge from subject matter experts, the students were also able to interact with U.S. Bank employees in several employee groups including the Charlotte Development Network and the African American, Nostros Latinos, and Spectrum Business Resource Groups. They spent Fridays at the Urban League learning life and soft skills.
“We opened the doors of one of the largest financial institutions in the country to high school students and introduced them to non-traditional banking roles, which most wouldn’t get exposed to unless they are hired,” Swayne said. “Our goal was to ensure our interns are better informed as they enter college and make future career choices; most importantly we want to prepare them to be leaders in our community, our state and our country.”
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