P.O. Box 190
Glenelg, MD 21737-0190
443.325.0771
443.853.1977 F
info@cufound.org

   
 
 
  Financial Education
 
Foundation Accepting Inquires From Credit Unions

Interested In Seeding New Millionaire's Club

Financial Literacy Programs At Local High Schools

The Millionaire’s Club is a complete financial skills program designed for delivery in a club-like setting at the high school level.


Clubs are provided detailed curriculum and both Advisor and Club member materials at no charge. Entry into national competitions such as The Stock Market Game™ and The Personal Finance Challenge™ and additional support materials are also included inm the Club curriculum to add a fun, competitive edge to the Club's activities. Club members elect their own leadership, actively engage in the program, and conduct a year-ending entrepreneurial project that allows Club members to put into practice their new financial skills while ensuring the Club’s future.


Faculty Club Advisors are provided training and where appropriate, an annual stipend.


A typical Club size is 15 to 125+ members and can be offered before, during, or after school hours.


New Clubs are seeded through a charitable investment shared equally between the Foundation and a sponsorship partner like a credit union or other interested party.

To view a brochure that describes the first steps in starting a Club, please click here or contact the Foundation at (443) 325-0771 or info@cufound.org.

To view a sample Performance Agreement that outlines responsibilities of the Foundation, the sponsoring credit union, and the host school, click here.

 


 
Millionaire's Club Team Takes Top State Honors,
Place Sixth Nationwide ln Personal Finance Challenge™

The Millionaire’s Club Team from the Applications and Research Laboratory (ARL), the centralized Academy of Finance facility for the Howard County Public School System, won first place in the Maryland Council on Economic Education Personal Finance Challenge State Competition on April 11. Each team member was awarded $500 and an all expense paid trip to the national competition to be held May 2 in St Louis.

The winning team contestants were all members of the SECU-sponsored Millionaire’s Club at ARL.

The AOF team competed with 27 teams from across the state in a three-round competition. The two teams with the highest scores then competed for the state title in a fast-paced “Quiz Bowl” round. The competition was held at Towson University.

The Millionaire’s Club is a high school level turnkey personal financial education program sponsored by the Credit Union Foundation of MD & DC and several credit unions and donors including Andrews FCU, Educational Systems FCU,
First Financial FCU, Howard County Education FCU, Mid-Atlantic FCU, Montgomery County EFCU, SECU, and Enterprise Car Sales.

High schools in Baltimore, Charles, Howard, Montgomery, and Prince George’s host Millionaire’s Clubs.

 


 

Watch Montgomery County Employees FCU launch their sponsored
Millionaire's Club at Northwest High School!

 

The Club Faculty Advisor Guide

is available for free download

to the iPad. 

Millionaire's Club Advisor Guide - Credit Union Foundation of MD & DC

 

 

 


Millionaire's Club Places First In Region, Fourth Statewide
In Competitive Stock Market Game

Members of Frederick Douglass High School’s Millionaire’s Club in Upper Marlboro, MD, gathered recently to celebrate their first-place finish in the regional Stock Market Game and fourth place statewide.


The after-school financial literacy club, being piloted by the Credit Union Foundation of MD & DC, competed among 1,148 teams in Maryland and 136 teams regionally to earn their top spot with a 22.64% return above the S&P 500 Growth Index over a three-month period.


Educational Systems FCU who provides on-going support for the Millionaire’s Club, sponsored the victory dinner which was also attended by school and county administrators.


For more information contact the Credit Union Foundation of MD & DC at info@cufound.org.


 

Grant Funding For
Financial Literacy Efforts

The Foundation has approved funding for financial literacy projects throughout Maryland and the District of Columbia, fully applying the program grant funding for this year. 

Grants of up to $1,000 are available to credit unions to help them provide financial literacy programs for their members and in the communities they serve.

Maryland and D.C.-based credit unions were eligible to apply for this grant funding.  Credit unions were encouraged to collaborate with each other and by doing so, their financial literacy grant requests could be extended up to $1,000 per participating credit union.

Sample funded activities included:

  • Financial education for students and teachers
  • Financial education for credit union members through in-person, printed, and electronic means
  • Financial literacy-oriented website development
  • Financial education to community organizations
  • Student branch openings

All proposals were submitted on the Credit Union Foundation of MD & DC's Financial Literacy Funding Application, available by clicking here or by email request at info@cufound.org. 

For more information, please contact:  Credit Union Foundation of MD & DC (443) 325-0771 or info@cufound.org

Included among financial literacy grant recipients are:

 

 

 

 

 

Andrews FCU

Atlantic Financial FCU

Department of Labor FCU

Destinations FCU

DG FCU

Educational systems FCU

EP FCU

First Financial FCU

Freedom FCU

GPO FCU

Howard County Education FCU

MD & DC Credit Union Association

Maryland Coalition for Financial Literacy

Mid-Atlantic FCU

Money One FCU

Mt. Airy Baptist Church FCU

St. Agnes Employees FCU

Transit Employees FCU