Market USA FCU is Sponsoring Financial Education at Local High School
January 31, 2017
Market USA FCU, Laurel, MD has sponsored a "Millionaire's Club" financial education experience at St. Vincent Pallotti High School, Laurel, MD.
At the recent launch for the Club, more than sixty students packed the classroom, eager to learn more and begin their journey toward financial independence.
"Young people face a challenging world in many respects," said Market USA FCU Vice President of Business Development, Kevin Somerville. "We feel that Market USA has an important role in preparing these students to prosper as they reach young adulthood. The Millionaire's Club is a perfect way to engage high school students and deliver personal finance skills in a way that will benefit them for the rest of their lives."
Students at Pallotti now have access to an engaging resource for developing their personal finance skills, enjoying competitions with other schools, and performing an annual entrepreneurial project to hone their business skills.
The Millionaire's Club members will be engaging 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 partner with local high schools through the complete financial education offering. Millionaire's Clubs have been growing at an increasing rate and are now active in thirty-four Maryland schools. 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.