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Madison-area Students Develop Healthy Money Habits With Summit Credit Union’s Project Teen Money Program
February 4, 2020
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Press Room
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
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COTTAGE GROVE, WI – Summit Credit Union, headquartered in the Village of Cottage Grove, has pledged a $100,000 grant to “The Next Chapter” Library Capital...
Summit Credit Union Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, announced today that it is recognized, for the second consecutive year, as...
Summit and Kim Sponem Included in Cornerstone's 2024 GonzoBanker Award Winners
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SCOTTSDALE, Ariz., Dec. 31, 2024 /PRNewswire/ -- , a leading management and technology consultancy for banks, credit unions and fintech firms, has announced...
Summit Credit Union 2024 Fellowship for Women Entrepreneurs
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Madison, Wisc. - StartingBlock Madison, the city's premier hub for startups and innovation, is proud to announce a continuing partnership with Summit Credit...
More than 8 Tons Shredded at Summit Credit Union’s ShredFest
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, hosted its annual ShredFest on September 28. Held in partnership with the Better...
Summit Credit Union Awarded on the Forbes America’s Best-in-State Credit Unions 2024
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, has been awarded on the Forbes list of America’s Best-In-State Credit Unions...
Summit Credit Union Remains Wisconsin’s #1 Mortgage Lender
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Madison, Wisc. – Summit Credit Union, a member-owned financial cooperative, is again the top mortgage lender in the state of Wisconsin, according to data...
The Center for Black Excellence and Culture to Hold Groundbreaking Ceremony on June 19
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MADISON, WIS. — May 28, 2024 – Since its announcement in 2020, The Center for Black Excellence and Culture (The Center) has encouraged Madison’s Black...
Summit Credit Union Names Season 15 Project Money Winner
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MADISON, Wis. — Hannah Echols of Milwaukee, has just been revealed as the winner of Summit Credit Union’s Project Money Season 15. Along with three other...
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* The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2023, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the