Educational Systems FCU Sponsors Its Sixth Millionaire’s Club

Wise HS 2Educational Systems FCU, Greenbelt, MD, has sponsored its sixth Millionaire’s Club with the launch of their newest Club at Dr. Henry A. Wise, Jr. High School in Upper Marlboro, MD.  The students at Wise High School now have a new, engaging tool for developing their personal financial success skills while competing with other students both locally, statewide, and across the nation.

“We are proud to partner with the Credit Union Foundation of Maryland and the District of Columbia to launch our sixth Millionaire’s Club at Dr. Henry Wise High School,” said Vic Samuels, Vice President of Community Relations of Educational Systems FCU.  “The Millionaire’s Club teaches students life-long personal financial skills in an engaging club-like setting which includes competitions and an entrepreneurial project.”

The Millionaire’s Club is a complete financial skills program created by the CU Foundation MD|DC that is designed for delivery at the high school level.  Clubs are provided seed grants, detailed 26-lesson curriculum, and faculty/student materials at no charge.  Also included are entry into national competitions such as The Stock Market Game™ and The Personal Finance Challenge™ and additional support materials add a fun, competitive edge to the Club’s activities.

Other Millionaire’s Clubs have produced State and National Personal Finance Challenge champions as well as first-place Stock Market Game™ competitors, including students at the Educational Systems-sponsored Club at Frederick Douglass High School who earned top regional honors in the Stock Market Game™.

Credit Union Sponsors serve as guest speakers on topics such as identity theft, selecting a financial institution, credit, lending, etc. while the core curriculum, developed by the National Endowment for Financial Education (NEFE), is delivered by professional educators either in-class or after school.

Club members elect their own leadership, actively engage in the program, and conduct an annual entrepreneurial project that allows Club members to put into practice their new financial skills while ensuring the Club’s future.

Launched in 2012 by the Credit Union Foundation MD|DC, the Millionaire’s Club concept has caught the attention of educators and credit union sponsors alike in Anne Arundel, Baltimore, Calvert, Carroll, Charles, Howard, Montgomery, Somerset, and Prince Georges Counties and Baltimore City. With over 1,000 individual student participants in twenty-seven Millionaire’s Clubs, there’s still plenty of room for expansion.

See more details on the Millionaire’s Club including how to start a Club in your community.