Volunteers from First Republic Bank and students from Chelsea Virtual Learning Academy participated in a business competition hosted by SuitUp. Students were divided into teams and developed financial literacy products/services to pitch to judges. Team 2 called "Money N' Music" won the competition. The document discusses the impact of the competition, with many students now interested in business/entrepreneurship due to engaging with the bank volunteers. Both volunteers and students found the experience positive and impactful, and there is interest from both parties in participating in another SuitUp competition in the future.

1. SuitUp with First Republic Bank
11.30.2022
Opening Doors and Reimagining Pathways for
Students Everywhere…

2. students
served
volunteers
engaged
19
15
About First Republic Bank
First Republic Bank was
founded in 1985 on the
belief that a culture devoted
to exceptional client service
would result in a very
successful banking business.
Doing the right thing and
creating shareholder value
are one and the same at First
Republic.
About Chelsea Virtual
Learning Academy
Chelsea Virtual
Learning Academy
(CVLA) in Chelsea, MA is
a remote alternative to
education in an effort to
meet the individual needs
of students. Offering
students a flexible and
exciting learning
experience, CVLA
produces strong
academic outcomes while
assisting students with
their eventual return to
in-person learning.

3. Volunteers Gender Students
82% Female 20%
18% Male 40%
N/A Non Binary 20%
N/A Prefer Not Say 20%
Meet the Participants
Volunteers Race/Ethnicity Students
18%
Asian / Pacific
Islander N/A
9% Black N/A
36% Caucasian N/A
18% Hispanic/Latinx 20%
9% Multi-Racial 20%
10%
Not Listed / Another
Identity 20%
N/A Prefer Not Say 40%

4. Business Case Challenge
Through SuitUp, volunteers from First Republic Bank and students from Chelsea Virtual
Learning Academy participated in a SuitUp business competition in which they created
a product or service for First Republic Bank that helps users achieve financial literacy
and money security Volunteers coached students in various departments before helping
them pitch to judges for a cash prize.
Winning Team:
Team 2: Money N’ Music
Team 1:
Money Matters
Team 2:
Money N’ Music
Team 3:
Insight Savings
Team 4:
Money Union
SuitUp to the Challenge

5. From Student to CEO…
A look at how we are changing life trajectories
through corporate skills-based volunteering

6. Competitions Make a Difference…
80%
of students enjoyed interacting with the
corporate volunteers
100%
of volunteers believe their company
made a positive impact through SuitUp
100%
of volunteers see SuitUp as a way to
encourage more students to explore their
industry or company
AFTER SUITUP...

7. First Republic’s Impact
SuitUp asked students if First Republic Bank’s SuitUp
competition made an impact on their future career choice.
Many of CVLA students said that engaging with the
volunteers influenced their career choice and now they can
see themselves using skills such as communication,
teamwork and public speaking.
Students are now interested in exploring the following fields:
Business Administration / Entrepreneurship 40%
Graphic/Web Design 20%
Other 80%

8. Same time
next week?
100% of volunteers are interested in doing a SuitUp competition again
80% of students would like to participate in SuitUp again

9. During the competition, we
overheard…
“
When I think of volunteering, a lot of times I think about what we’re
giving back in that and I actually think that our team of coaches
gained so much in the privilege of being able to work with all of
you! – First Republic Bank Coach
I love this! This is a very important topic that I think our students
need to learn! – CVLA Teacher
We're here to coach you but ultimately you OWN your team's idea!
– First Republic Bank Coach
We’re trying to help YOU make and keep your money! Our design
is simple because we believe making money should be easy! –
CVLA Student

10. Get Involved
A huge thank you from all of us in the SuitUp family…
JOIN SUITUP’S
CORPORATE
BOARD
VOLUNTEER
AT FUTURE
EVENTS
MAKE AN
INTRO TO
ANOTHER
COMPANY
GIVE
A
GIFT
This board meets 4x a year and
helps SuitUp implement its
strategic plan to scale and serve
more students.
Follow us on social media
and stay engaged in order to
sign up for other volunteer
opportunities in the future.
SuitUp is always seeking
new corporate partners to
host and sponsor SuitUp
competitions and events.
We work across the US
and even the UK.
As a 501(c)(3) non-profit,
SuitUp is always seeking
financial or in-kind support to
continue our work in
communities that need it most.
All gifts are tax deductible.

11. THANK YOU
www.volunteerSuitUp.org
Hope to see you again soon!