Madison-Area Students Develop Healthy Money Habits with Summit Credit Union’s Project Teen Money Program
Annual financial challenge teaches skills, awards scholarships to eight high schoolers
MADISON, Wis. — Summit Credit Union has launched its seventh annual Project Teen Money program, a challenge between students from Madison-area high schools that encourages financial education.
Students will create a series of three videos aimed to help their peers with financial education and empowerment. In each 30- to 90-second video, participants will educate their peers with smart tips around giving, saving and spending money. Video submissions will be featured on Summit’s website and social channels throughout February and March, while participants will also use social media themselves to spread the message and inspire their classmates to take action.
The competition is conducted through Summit’s in-school branches at Madison’s East, West, La Follette and Memorial high schools, with two students at each school competing to win the grand prize $2,500 continued education scholarship. Each remaining participant will receive a $500 scholarship.
“The best time to create a strong foundation of financial knowledge is early in your financial life, and Project Teen Money helps put those building blocks in place,” said Summit Credit Union CEO & President Kim Sponem. “We’re excited to see how the participants bring smart money management tips to life as they help inspire their peers to save, spend and give wisely.”
Fellow students, families and community members are encouraged to take part in the competition by voting for their favorite videos. The winner will be selected according to vote totals for video submissions along with scoring from an independent panel based 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 summitcreditunion.com/project-teen-money/vote.