Wed, Dec 7, 2016
First Financial FCU, Lutherville, MD; has sponsored their third Millionaire's Club financial education experience at Franklin High School in Reisterstown, MD. The students at Franklin High now have a new, engaging resource for developing their personal financial skills while enjoying competitions with other students locally, statewide, and across the nation.
"As an education-focused credit union, the Millionaire's Club is a natural extension of First Financial's commitment to the communities we serve," said First Financial's President & CEO Eric Church. "This isn't our first Club launch and it won't be our last. We already have additional Club sites under development. The enthusiasm of the student members in our Clubs is all the motivation we need to continue to expand this important program."
The student participants at Franklin are busy preparing for their entry into the Stock Market Game™ competitions that launch after the first of the year. In addition, they are learning the basics of budgeting, selecting financial services, protecting their assets and identities, responsible borrowing, career choice, and more.
Millionaire's Clubs were created by the CU Foundation MD|DC to help credit unions serve local high schools through a complete financial education offering. Millionaire's Clubs have been growing at an increasing rate and as of this writing over 1,500 students benefit annually from their participation.
School Clubs are provided seed grants, detailed curriculum, and faculty/student materials at no charge. Clubs are entered into local, regional, and national competitions such as The Stock Market Game™ and The Personal Finance Challenge™. Additional support materials add a fun, competitive edge to the Club's activities.
Millionaire's Clubs have produced State and National personal finance champions as well as first-place Stock Market Game™ competitors.