Madison City Schools now offers a banking branch in each high school to serve students and help broaden financial literacy in the schools.
Madison school leaders joined Redstone Federal Credit Union officials in opening branches at Bob Jones and James Clemens high schools. James Clemens held its official ribbon cutting Dec. 15 (2021). BJ's branch opened in 2019.
The partnership comes with an added benefit for Madison City Schools. Each transaction with a special free RFCU "Affinity" debit card helps fund safety and security throughout the district.
Student workers at RFCU branch at Bob Jones HS
Madison City Schools Superintendent Dr. Ed Nichols said having a credit union branch at both high schools is a convenient service to faculty/staff and also a valuable teaching tool. "This in-school branch will help strengthen financial literacy for all students as they transition to life after high school while also generating funds for the school system through the Madison City Schools Affinity debit card provided by Redstone," he said.
Redstone Federal Credit Union leaders said planning started a couple of years ago and RFCU now has branches in both Madison City high schools and 5 others across North Alabama. Both the Bob Jones and James Clemens branches have remained busy since opening. They are student run under the supervision of faculty sponsors with RFCU employees serving as liaisons.
RFCU President Joe Newberry, BJ Principal Sylvia Lambert, then-Superintendent Robby Parker at the 2019 BJHS opening.
Each swipe with an Affinity card means money to the Madison City Schools safety and security fund.