In this report from the Bank Street Education Center, the authors provide an overview of Bank Street’s residency programs and focus on the mentoring component of their locally embedded programs. This report discusses how residency programs offer a unique opportunity for educators to observe and participate in a full year of teaching, become familiar with a set of students and observe their progress, and receive feedback in real time from an experienced educator. In residency programs, prospective educators (residents) spend a full school year in a classroom, teaching alongside an experienced mentor teacher. Mentors and residents also have three-way meetings with the Bank Street faculty advisors to make further connections between coursework, learning, and fieldwork. Simultaneously, mentors have the opportunity to become students of their own practice as they support their teacher resident.