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Summit Credit Union Names 2016 Project Teen Money Winner

MADISON, Wis. – April 14, 2016 – Summit Credit Union has announced the winner of its 2016 Project Teen Money program, a challenge created to help young adults achieve financial success. Robin , a senior at Madison’s La Follette High School, received the most points this year and will be awarded a $2,500 scholarship from the member-owned financial cooperative. 

“Project Teen Money is a creative, interactive financial education program,” said Summit Credit Union CEO/President Kim Sponem. “It is really neat to see how teens are educating other teens about the importance of saving, spending wisely, and giving back.”

Beginning in February, two students from Madison’s East, La Follete and Memorial high schools were selected to create monthly videos inspiring their peers to spend, save and give back to their respective communities. Last fall, the students teamed with Summit financial coaches to create their videos and provide key financial strategies aimed at educating their peers. 

The 30-to 90-second videos were released on Summit’s website from February to April of this year.

Community members, families and fellow students were invited to vote for their favorite videos each month through Summit’s website and social media channels. Overall points were awarded for creativity, financial wellness messaging and total number of video votes.

“I really enjoyed working with everyone at Summit and seeing the thoughtful videos the other participants created,” said Robin. This scholarship will help me pursue both my educational and professional goals and helps me grasp the importance of financial wellness even more.” Robin will use the scholarship toward pursuing a degree in athletic training or physical therapy at UW-Madison.

In addition to Robin’s award, each participant receives a $500 scholarship. To learn more about Summit’s Project Teen Money program visit https://www.summitcreditunion.com/project-teen-money/students.html.