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Wed January 21, 2009
Student Federal Reserve Program
By KRWG News
Las Cruces – The El Paso branch of the Federal Reserve Bank of Dallas has implemented a Las Cruces Student Board of Directors pilot program.
The program offers eight seniors from all four Las Cruces Public high schools a dynamic way to learn about the nation's central bank.
Students will serve on the board through May.
The program is designed to give them a thorough understanding of the Federal Reserve's role in the U.S. economy and experience a unique partnership with banks, businesses and the community.
Seniors inducted into the program are in the top quarter of their classes and nominated by school administrators.
Each student completed an application and wrote an essay stating his or her interest in participating in the program.
Student Board members will meet monthly at First Light Federal
Credit Union's Lohman Branch, to discuss economic issues with academic, community and business leaders, and get an insider's view of daily operations from Federal Reserve staff.