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The Money Cave

Northern Minnesota community gets student-run, in-school branch.

By Marc Rapport | Updated on March 21, 2014
“Having this branch in the school will help create a generation of savers,” said Rich Crettol, CEO of Cook Area Credit Union.

The $28 million Cook Area Credit Union in Cook, Minn., opened the Money Cave, its new student-run branch, on March 11 at North Woods School. The staffed branch, complete with ATM, is open on Tuesdays and Fridays from 11:30 a.m. to 1 p.m. and is open to students and employees of the K-12 community school in northern Minnesota.

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