There’s a link between the lack of financial literacy and the inability to build generational wealth in communities of color.
But Summit Academy OIC in North Minneapolis is offering a promising solution to both dilemmas.
Through its educational programs, Summit Academy trains individuals to work in good paying jobs in the financial services industry. Once hired, this new generation of financial experts provides representation and breaks barriers that have kept communities of color from participating in financial systems that drive the economy.
Summit Academy’s 20-week training programs offers comprehensive training in financial services, with an emphasis on real-world application.
“We teach students how to enter the financial services world. Examples of financial services roles we prepare them for include being a banker, financial advisor representative at an investment firm, working for an insurance company, doing small business administration and preparing for jobs in the money industry,” said instructor Adam Bunkoske, who came to his role on Summit Academy’s faculty after working at Wells Fargo.