New Hampshire’s first Bank Teller Registered Apprenticeship program launches in partnership with ApprenticeshipNH and NH Mutual Bancorp. Brooke is one of the youngest tellers at Savings Bank of Walpole – one of NH Mutual Bancorp affiliate banks. (Photo courtesy of NH Mutual Bancorp)
High School students will be able to "earn as they learn" through NH’s first Bank Teller Registered Apprenticeship program that was recently launched by ApprenticeshipNH, a workforce program of the Community College System of NH, and NH Mutual Bancorp in Concord. This program will provide apprentices aged 16 years and older with a practical pathway to a career in banking. Apprentices will earn pay and be mentored and trained onsite. Programs will launch in central NH, and the Lakes and Monadnock regions.
“We are excited to partner with NH Mutual Bancorp to offer a new opportunity and New Hampshire’s first Bank Teller Registered Apprenticeship program,” says Anne Banks, CCSNH’s Apprenticeship programs manager. “Banking is very well suited for the apprenticeship model and offers excellent career pathways for individuals of all ages, including high school students and adults, to seamlessly enter the financial services industry and earn while they learn. NH Mutual Bancorp has developed an excellent opportunity to prepare apprentices to become bank tellers in the Capital, Lakes, and Monadnock regions of the state through programs with partner banking institutions.”
The one-year Bank Teller Registered Apprenticeship program combines 2,000 hours of practical on-the-job training with 148 hours of classroom learning provided by the American Banking Association, NH Mutual Bancorp and the Community College System’s WorkReadyNH program. Apprentices will have the opportunity to train at Merrimack County Savings Bank in Concord, Meredith Village Savings Bank in Meredith and Savings Bank of Walpole in Keene.
“We are thrilled to partner with ApprenticeshipNH to offer the state’s first Bank Teller program,” says David Cronin, EVP chief human resources officer for NH Mutual Bancorp. “As with many industries, we too need skilled workers now and into the future, and this program creates a wonderful pipeline for new talent in an industry with significant growth opportunities. This apprenticeship program will help us build a new entry point to a banking career and address the need for developing new bank tellers in multiple locations across the state.”
According to the U.S. Bureau of Labor Statistics, over 35,000 openings for tellers are projected each year, on average, through 2031.
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