Taylor Parks' pupils learn the value of the dollar

You never know, Taylor might have another John Pierpont Morgan in its midst.

The First Community Federal Credit Union, located in Southgate, is running a partnership with Taylor Parks Elementary School to help students understand the value of the "earn, save, spend" philosophy.

The credit union assists education by helping students open and operate student-run credit unions within their buildings. That type of activity can turn the world of finances into reality for the pupils.  Participation in the program teaches life lessons in savings and finance, all using real money. 

At Taylor Parks, the bank is run by fifth-grade students under the direction of Maryann Hammons, First Community Federal Credit Union relations coordinator.

Many of the student depositors have accounts that dave back to their first year as kindergarteners. To show that banking can have its fun moments, the credit union student employees and depositors wear moustaches to help encourage students to "stash their cash" as part of National Credit Union Youth Week.

You never know what can happen down the road. J.P. Morgan (1837-1913) ended up dominating the corporate financial and industrial world during his time, and was one of the key figures in American history. Could Taylor Parks Elementary School turn out another J. P. Morgan?