Greenbelt, MD – Educational Systems Federal Credit Union announced this week that it now sponsors the Millionaire’s Club at seven local high schools. As members of the Millionaire’s Club, students work with a faculty advisor to complete a financial education curriculum designed to help them manage their finances.
The Millionaire’s Club utilizes curriculum developed by the National Endowment for Financial Education (NEFE). The club members elect their own leadership, complete a year-end entrepreneurial project and have the opportunity to participate in national competitions such as the Stock Market Game™ and the Personal Finance Challenge™.
Educational Systems FCU now sponsors the Millionaire’s Club at the following schools:
- Huntingtown High School, Calvert County
- Thomas Stone High School, Charles County
- Albert Einstein High School, Montgomery County
- Springbrook High School, Montgomery County
- Dr. Henry Wise, Jr. High School, Prince George’s County
- Eleanor Roosevelt High School, Prince George’s County
- Frederick Douglas High School, Prince George’s County
“For us, it’s an honor to support education,” said Chris Conway, President/CEO of Educational Systems FCU. “The Millionaire’s Club teaches students how to manage their personal finances which is a valuable skill that can be used throughout life. We are proud to sponsor this financial education program that provides a hands-on learning experience.”
Each year, Educational Systems FCU sponsors several new Millionaire’s Club programs. New clubs are financially supported with a sponsorship agreement shared equally between the Credit Union Foundation of Maryland and the District of Columbia and Educational Systems FCU. By a club’s third year of operation, the members are expected to engage in an educational entrepreneurial project that instills business planning skills and generates funds to sustain the Millionaire’s Club moving forward.
Educational Systems FCU (esfcu.org) has proudly served the education community for 60 years. With $800 million in assets and 12 branches, the Credit Union serves 87,000 members in seven school systems and three community colleges throughout Anne Arundel, Calvert, Charles, Montgomery, Prince George’s, St. Mary’s and Talbot counties.