Area students learn financial skills with Summit Credit Union’s Project Teen Money

Annual interactive financial challenge awards scholarships to six Madison-area high schoolers

MADISON, WI (February 5, 2019) — Summit Credit Union recently launched its sixth annual Project Teen Money program, a fun and unique challenge between Madison-area high school students to encourage healthy financial habits. Conducted through Summit’s in-school branches at Madison’s East, La Follette and Memorial high schools, the winner of the competition will take home a $2,500 scholarship toward higher education. Each remaining participant will be awarded a $500 scholarship.

“Learning money management skills early helps teens make smart financial decisions throughout their lives,” said Summit Credit Union CEO & President Kim Sponem. “We’re excited to watch all the Project Teen Money participants share tips and encouragement that their peers can use now and in the future.”

Two students from each high school have been selected to create three videos aimed to help their peers with financial education and empowerment. Participants will create a series of 30- to 90-second videos encouraging their classmates to save more, spend wisely and give back to their communities. Video submissions will be featured on Summit’s website and social channels throughout February and March while participants also use social media to spread the message and engage their classmates.

Fellow students, families and community members are able to get involved in the competition by voting for their favorite videos from the participants each month. The winner will be selected according to votes for video submissions combined with scoring from an independent panel judging on criteria such as accuracy, creativity and originality.

To learn more about this year’s participants and cast your votes for your favorite videos, visit The first video, detailing the importance of saving, is currently on Summit’s website and is open for voting.

About Summit Credit Union (WI)

Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $6.8 billion in assets and has more than 252,000 members and 967 employees across 57 locations throughout Wisconsin. Since 2002, Kim Sponem has been CEO & President of Summit Credit Union, formerly known as CUNA Credit Union/Great Wisconsin Credit Union. Recognized for its excellence in employee engagement, in 2021, 2022 and 2023 Summit was named both a Top Workplace in the USA by Top Workplaces USA and a Top Workplace in the Madison area by the Wisconsin State Journal. In 2023 it has added a Top Workplace award in Milwaukee by the Milwaukee Journal Sentinel. For more information, visit or call 608-243-5000 or 800-236-5560. For additional media information, visit or follow Summit on Facebook and Instagram.


Jason Waller
Cell: 608-698-5948
Work: (608) 243-5000, ext. 6862

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