The CU Foundation MD|DC created and launched the first Millionaire’s Club financial education experience in 2011 at two pilot high schools. Today, over thirty high schools host the innovative financial literacy experiment and additional sites are preparing to launch Clubs. Over 1,500 students participate in the Millionaire’s Club annually. Club members have distinguished themselves with State and National personal finance competition titles.
As part of the natural extension of the Millionaire’s Club success, the creators have invested in the tools necessary for widespread adoption of the Club concept by credit unions; credit union leagues, associations and foundations; and schools coast-to-coast.
The expansion strategy, made possible through a grant from the Calvin K. Kazanjian Economics Foundation, revolves around the creation of a new, powerful website, MillionairesClub.Org, that was specifically designed to guide Club sponsors, such as credit unions, and Club participants, like schools and community organizations, in the steps to seed Millionaire’s Clubs in their own communities.
Visitors to the site are welcomed with an overview of the innovative financial literacy experience. They can view a five-minute introductory film featuring actual student Club members, teachers, principals, volunteers, and credit union sponsors. Millionaire’s Club news articles are also posted.
Once registered, and without obligation, MillionairesClub.Org visitors are treated to a trove of information crafted to their specific Club role as “participant” or “sponsor.”
Prospective Club Hosts:
Registrants can also access the “Millionaires Clubhouse,” an online sharing forum containing an ever-evolving resource for best practices related to the Millionaire’s Club.
“We developed MillionairesClub.Org as a one-stop-shopping experience,” said CU Foundation MD|DC Executive Director Kyle Swisher. “Having been through what it takes to launch over thirty successful Clubs, we’ve learned from our mistakes, codified our successes, and created a workable process, bundled together in single site where visitors can access everything they need to adopt the Millionaire’s Club as their own.
“That is our goal – to establish a successful financial literacy program that works for credit unions, school sites, and students and deliver it in a way that any credit union or credit union league, association, or foundation can roll out the program as their own.
To learn more, visit MillionairesClub.Org.