Bank

Bank

Located at: 501 Consumer Circle, JA BizTown, MN 55111

The Bank processes loans and deposits for all JA BizTown businesses, manages checking deposits for each student twice daily, savings deposits for each student once daily, and receipt of cash back.

Employee job descriptions
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CEO
  • Processes all business Loan Applications and Contracts.
  • Prepares and gives speech at Town Meeting.
  • Signs all business payroll and expense checks.
  • Signs Rental Agreement for business space.
  • Meets with personnel from other businesses when they visit.
  • Supervises employees and business operations.
CFO
  • Inputs employee payroll information.
  • Prints and distributes employee payroll checks.
  • Prints and distributes business expense checks.
  • Keeps all records of business expenses and payments.
  • Signs business checks if CEO is not available.
  • Assists with other business duties when employees are on break, and if time is available.
Teller
  • Greets customers as they open personal accounts.
  • Processes paychecks and accepts personal deposits.
  • Disburses maximum of $2 cash per pay period to customers.
  • Records customer personal account transactions in computer.
  • Assists File Clerk with filing, when necessary.
File Clerk
  • Purchases supplies at Supply and Delivery Center.
  • Delivers Bank bags to all businesses.
  • Files business checks and paperwork received from CEO.
  • Files personal checks and deposits by account number.
  • Issues cash to Tellers and completes cash-out tickets as needed.
Savings Officer
  • Visits each JA BizTown business to record number of employees.
  • Greets customers as they open a personal savings account.
  • Records/stamps customer checkbook register, indicating deposit to savings account.
  • Prepares savings report for Closing Town Meeting.
  • Issues Savings Certificates.
  • Assists Tellers as necessary.
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