OSWEGO, N.Y.–Compass Federal Credit Union bringing back its “Compass 500” Big Wheel Race as part of the day’s racing action at Oswego Speedway on July 19.

The Compass 500 will see 10 of Compass FCU’s Bank at School students take part in the 500-foot race to the speedway’s start/finish line, according to the credit union, which said students were chosen at random to participate based on their monthly support of the Compass FCU Bank at School program during the school year.

All Oswego City School District and Fulton City School District elementary schools take part in the program.

“Running each year from October to May, the Compass Federal Credit Union Bank at School program offers students an opportunity to deposit money into their own account,” according to Compass. “The program provides real-world, hands-on banking experiences for students at any grade level and helps them to understand the benefits of saving money.”

Free Account for Students

As part of the program, Compass FCU sad it opens a free account for students who choose to participate.  On “Bank Days,” students who participate and deposit money into savings are able to choose a prize for the day and are also entered into a chance for a variety of year-end prizes, including a chance inside the Compass Cash Vault and now, an opportunity to take part in the Compass 500, it added.

Compass FCU is sponsor of the speedway.

Each participant will use a brand-new big wheel provided by Compass FCU, which they will be able to take home at the end of the night.  All participants also receive a family four pack of tickets to the night’s racing, courtesy of the credit union.