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Madison-area Students Develop Healthy Money Habits With Summit Credit Union’s Project Teen Money Program

February 4, 2020 Annual financial challenge teaches skills, awards scholarships to eight high schoolersMADISON, 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 . 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...