Educational Systems FCU Sponsors Financial Education at Local High School
January 27, 2017
Educational Systems FCU, Greenbelt, MD; has sponsored their thirteenth Millionaire's Club financial education experience at Montgomery Blair High School, Silver Spring, MD.
Students at Blair now have a new, engaging resource for developing their personal finance skills, enjoying competitions with other schools, and performing an annual entrepreneurial project.
"Credit unions need a variety of tools to connect with and benefit people in the communities they serve," said Credit Union Foundation MD|DC Executive Director Kyle Swisher. "The Millionaire's Club is an effective program to engage high school students and deliver personal finance skills in a way that will benefit them for the rest of their lives."
Millionaire's Club members at Blair High School are preparing to engage in Stock Market Game™ competitions, with teams of students researching and trading stocks on a "virtual" basis, pitting their selections against other teams and learning ins and outs of investing. In addition, they are learning the basics of budgeting, selecting financial services, protecting their assets and identities, responsible borrowing, career choice, and more.
Millionaire's Clubs were created to help credit unions serve local high school students through a complete financial education offering. Millionaire's Clubs have been growing at an increasing rate and as of this writing over 1,500 students benefit annually from their participation.
School Clubs are provided seed grants, detailed curriculum, and faculty/student materials at no charge. Clubs are entered into local, regional, and national competitions such as The Stock Market Game™ and The Personal Finance Challenge™. Additional support materials add a fun, competitive edge to the Club's activities.
Millionaire's Clubs have produced State and National personal finance champions as well as first-place Stock Market Game™ competitors.