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Area Students Learn Financial Skills With Summit Credit Union’s Project Teen Money

February 5, 2019 Annual interactive financial challenge awards scholarships to six Madison-area high schoolersMADISON, Wis.— Summit Credit Union recently launched its sixth annual Project Teen Money program, a fun and unique challenge between Madison-area high school students to encourage healthy financial habits. Conducted through Summit’s in-school branches at Madison’s East, La Follette and Memorial high schools, the winner of the competition will take home a $2,500 scholarship toward higher education. Each remaining participant will be awarded a $500 scholarship.“Learning money management skills early helps teens make smart financial decisions throughout their lives,” said Summit Credit Union CEO & President Kim Sponem. “We’re excited to watch all the Project Teen Money participants share tips and encouragement that their peers can use now and in the future.”Two students from each high school have been selected to create three videos aimed to help their peers with financial education and empowerment. Participants will create a series of 30- to 90-second videos encouraging their classmates to save more, spend wisely and give back to their communities. Video submissions will be featured on Summit’s website and social channels throughout February and March while participants also use social media to spread the message and engage their classmates.Fellow students, families and community members are able to get involved in the competition by voting for their favorite videos from the participants each month. The winner will be selected according to votes for video submissions combined with scoring from an independent panel judging on criteria such as accuracy, creativity and originality.To learn more about this year’s participants and cast your votes for your favorite videos, visit . The first video, detailing the importance of saving, is currently on Summit’s website and is open for voting. You might also be interested in Summit Credit Union named Top Workplace in Madison, Milwaukee, and U.S., recognized for strong culture, engagement, and employee benefits... Summit Credit Union helps Wisconsin families achieve homeownership with up to $10K in down payment assistance... Summit Credit Union’s President and CEO Kim Sponem was recently featured on the Women of Community Banking podcast... Summit welcomed thousands of members and their families to Warner Park for its annual Summit Fest, blending its official Annual Meeting of the Membership... Summit Credit Union names Mike McCoy Chief Commercial Officer to advance commercial banking and support Wisconsin businesses... With $87 million in member benefits, Summit Credit Union remains the nation’s #1 credit union for Return of the Member... Summit Credit Union partners with LOVB Madison Volleyball to empower women athletes and advance equity in sports and finance... Kim Sponem calls for equitable pay practices, warning that lifetime pay gaps leave women at greater risk of retirement insecurity... Summit Credit Union earns the #1 national Return of the Member ranking again, highlighting its strong member value and financial impact...